Finance News: Latest Financial News, Finance News today in Bangladesh

Govt rejects commerce ministry's plea

The government has turned down the commerce ministry's plea to provide electricity for the tea industry at subsidised prices."There is no scope for supplying electricity for tea production, as enjoyed by the agriculture crop sector," the Power Division under the Ministry of Power, Energy and Mineral Resources informed the Ministry...

100 metric tonnes of Indian onion arrive at Sonamasjid Land Port

Chapainawabganj, Aug 15 (UNB): Amid the rising price of onion at local market, a consignment of 100 metric tonnes (MT) of the spicy item arrived at Sonamasjid Land Port of the bordering district of Chapainawabganj from India on Thursday evening.Four trucks carrying the consignment entered Bangladesh land port around eight...

Swiss economy slows after pre-tariff export rush

GENEVA, Aug 15 (AFP): Switzerland's economic growth slowed sharply in the second quarter as exports fell after companies rushed to stockpile goods ahead of steep new US tariffs, official data showed Friday.The export-reliant country's economy grew 0.1 percent in the April-June period compared to the first quarter, when it expanded...

US producer inflation highest in three years in July

WASHINGTON, Aug 15 (AFP): US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs.The rise in services costs exceeded that in goods, contributing to a markedly larger advance than analysts expected.But...

Trump's tariffs have not reduced Panama Canal traffic

PANAMA CITY, Aug 15 (AFP): Tariffs imposed by US President Donald Trump on dozens of countries have so far not affected container ship traffic through the Panama Canal, its administrator said Thursday.Allies and adversaries alike are facing higher levies on exports to the United States as Trump's long-threatened "reciprocal" tariffs...

SADHARAN BIMA CORPORATION HOLDS ORIENTATION PROGRAMME

Sadharan Bima Corporation held a three-day orientation programme for the newly appointed Assistant Managers and Junior Officers held from August 12 to 14. Nazma Mobarek, Secretary of the Financial Institutions Division of the Ministry of Finance, was present as the chief guest. Mohammad Zainul Bari, Chairman of Sadharan Bima Corporation,...

FEDERAL INSURANCE HOLDS 37TH ANNUAL GENERAL MEETING

The 37th Annual General Meeting (AGM) of Federal Insurance PLC was held in a hybrid mode, with physical presence at Muktijuddho Srmity Milonyaton, IDEB Bhaban, in Dhaka on Thursday. Enamul Hoq, Chairman of the company, presided over the meeting. Vice Chairman Elias Siddiquee; Chairman of the Executive & Investment Committee...