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

Rollback of protective taxes begins under new budget

An envisaged rollback of protective taxes on 'made-in -Bangladesh' package of products begins in the upcoming fiscal year with the planned levying of standard 15-percent VAT on all goods after 2030.Local manufacturers of blender, juicer, rice cooker, oven, mobile-phone set, sanitary ware, motor vehicles, and three-wheelers may come under the...

Interim govt unveils first budget tomorrow

Finance Adviser Dr. Salehuddin Ahmed is set to unveil the first budget of the interim government tomorrow (Monday), at a time when the country's economy is grappling with multiple challenges, including persistently high inflation and a slump in private investment.Dr. Ahmed will present the national budget for the fiscal year...

BD seeks Chinese drone tech for use in farming sector

Commerce Adviser Sheikh Bashiruddin in a meeting on Saturday with his Chinese counterpart Wang Wentao sought the country's assistance in drone technology for use in the agricultural sector. Sheikh Bashiruddin expressed his hope that the support would play an effective role in strengthening trade and technological cooperation between the two...

Govt slashes diesel, petrol, octane prices

The government has adjusted fuel prices for the month of June in line with latest international market prices.Diesel price came down by Tk 2.0 per litre, petrol and octane by Tk 3.0 per litre for the month of June. Kerosene price surged by Tk 10 a litre. Under the new...

Multiple factors impede MSMEs’ growth

Bangladesh's highest job creating small and medium enterprises has been showing a grim picture over the last few years as their production shortfall is casting a long shadow over the nation's employment landscape, analysts said on Saturday.The decline, exacerbated by a confluence of economic pressures and systemic challenges, is hindering...

Prosecutors submit formal charges against Hasina at ICT today

The prosecution will submit formal charges against ousted prime minister Sheikh Hasina at the International Crimes Tribunal (ICT) today in a case filed over crimes against humanity committed during the July-August mass uprising.ICT Chief Prosecutor Md Tajul Islam disclosed the information at a discussion on 'Immediate trial of the persons...

CA invites BNP for talks again tomorrow

Chief Adviser Prof Dr Muhammad Yunus has invited BNP for talks again on June 2.BNP standing committee member Salahuddin Ahmed said this in a discussion in the capital on Saturday, reports BSS."The government is continuing the formalities of talks with political parties one after another, but there is no real...