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

Travel agencies face severe downturn

Travel agencies are currently witnessing a major downturn in business as the ongoing Middle East (ME) war has severely disrupted international air travel, especially flights between Bangladesh and the Gulf destinations.The crisis has affected airline operations, pilgrimage travel, migrant movement, and tourism bookings - sectors that form the backbone of...

Chicken prices climb up to 20pc in Dhaka ahead of Eid

Prices of chicken in Dhaka have spiked by 15-20 percent within a week ahead of Eid-ul-Fitr, squeezing household budgets and prompting concerns over supply disruptions and possible market manipulation.A visit to major wholesale markets including Karwan Bazar, Kaptan Bazar and Jatrabari, shows that prices of different varieties of chicken have...

22 ships arrive at Ctg port with fuel oil this month

CHATTOGRAM, Mar 18: A total of 22 energy vessels loaded with LNG, LPG and refined fuel products have reached the Chittagong port in the current month. The ships berthed at the port in the first 17 days. Besides, four more ships are scheduled to arrive in the days ahead. According...

Iraq resumes limited oil exports via Turkey: Authorities

BAGHDAD, March 18, (AFP): Iraq announced on Wednesday it had resumed limited oil exports of 250,000 bpd through the Turkish port of Ceyhan after the country's output plunged due to disruptions in the Strait of Hormuz.A founding member of the OPEC cartel, crude oil sales make up 90 percent of...

Prime Bank partners with Export Sheba to promote export business

M. Nazeem A. Choudhury, Additional Managing Director of Prime Bank, and Jahid Hussain, Founder of Export Sheba, signed a strategic agreement in Dhaka recently to promote export business development and strengthen the capabilities of SME and emerging exporters. Under this strategic agreement, Export Sheba will organise export-focused training programmes, workshops,...

About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war

HONG KONG,Mar 18, (AP): About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil at a time when the waterway has been effectively closed, according to maritime and trade data...

South Korea secures extra 18m barrels of oil from UAE

SEOUL, March 18, (AFP): South Korea said on Wednesday it would receive an additional 18 million barrels of oil from the United Arab Emirates through multiple supply channels as the Iran war disrupts global supplies and sends prices higher.About 70 percent of South Korea's crude oil imports pass through the...

With only a short time left before Eid-ul-Fitr

With only a short time left before Eid-ul-Fitr, people are busy making their last-minute purchases. The photo was taken in the Baitul Mukarram area on Wednesday.