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

Sugar refiners seek lower import duties amid global price slump

Local sugar refiners are seeking a switch from the current tariff structure to a specific duty on raw sugar imports, citing a cash crunch amid a falling global sweetener price, according to an official document.The Bangladesh Sugar Refiners Association -- a platform representing five sugar producers in Bangladesh who altogether...

Kaptai power generation hits season's high

Persistent rain has increased the water level of Rangamati's Kaptai Lake to near its capacity, driving the hydropower production at the lake.ATM Abduzzaher, the manager of the power plant, said that as of Friday noon , the water level had reached 106.06 feet mean sea level, up from 105.11 feet...

Long queues of vehicles form in the Baroyarhat Municipality area

Long queues of vehicles form in the Baroyarhat Municipality area on the Dhaka-Chattogram highway on Friday morning as many points of the highway have been inundated by floodwater. — Focus Bangla

Partial opening of Ctg elevated expressway uncertain

CHATTOGRAM, Aug 23: Uncertainty looms about opening of Chattogram elevated expressway following the fall of the Sheikh Hasina-led government.Sources said the construction work on the ramps of the country's largest expressway has come to a halt, so its partial opening is uncertain.One portion of the expressway was scheduled to open...

UK energy bills to rise, sparking fuel poverty fears

LONDON, Aug 23 (AFP): British energy bills are set to start rising again this autumn, the sector regulator announced on Friday, sparking fears that fuel poverty will worsen amid an ongoing cost of living crisis.The cost of household electricity and gas had been falling from peaks reached after Russia's invasion...

Japan inflation accelerates to 2.7pc in July

TOKYO, Aug 23 (AFP) : Japanese inflation was slightly higher in July, with prices rising 2.7 percent on-year compared with 2.6 percent the month before, internal affairs ministry data showed Friday.The core Consumer Price Index reading, which excludes volatile fresh food prices, was in line with market expectations.Increases in the...