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

A slew of 7,379 BD products getting free market access

Bangladesh's maiden bilateral free-trade agreement is being signed this month with Japan that will accord 7,379 Bangladeshi products duty-free quota-free (DFQF) market access to world's third-largest economy immediate after the deal-making, officials say.The deal, coming under the umbrella of Economic Partnership Agreement (EPA), on the other hand, will enable Japanese...

CA at hospital, inquires about Khaleda's health

Chief Adviser Professor Muhammad Yunus on Wednesday evening visited Evercare Hospital to inquire about the health of BNP chairperson Begum Khaleda Zia, thrice-serving former Prime Minister and wife of a former President.Upon his arrival at the hospital, he was received by BNP Secretary- General Mirza Fakhrul Islam Alamgir, Begum Khaleda...

Falling Indian Rupee may prove mixed blessing for BD

A deep depreciation of the Indian rupee or INR may offer short-term relief for Bangladeshi importers but could pose disadvantage to exporters, particularly apparel sector where India is emerging as a strong competitor.Economists see the INR slide as a "double-edged sword" for Bangladesh, acting both ways.The currency weakened to INR...

FoC limit removal to hit local value addition

Leading textile mill owners and garment accessories manufacturers have strongly opposed the government's reported plan to remove the existing Free of Cost (FoC) import ceiling as part of amending the Import Policy Order 2021-2024, warning that such a move will severely undermine local value addition and put domestic industries at...

Bangladesh gets deep into hard-term debts

Bangladesh is increasingly getting into hard-term-debt burden by taking volumes of non-concessional loans particularly for bankrolling some mega-and major projects, officials say and warn of forex risks.In the first quarter of the current fiscal year (FY) 2025-26, the country had already crossed limits of any other annual borrowing of the...

UK medical specialists in Khaleda's care

A four-member expert medical team from the UK arrived in Dhaka Wednesday and soon joined in the treatment of ex-premier and BNP chairperson Khaleda Zia at Evercare Hospital, alongside other foreign and local physicians.Led by Dr Richard Beale, the doctors dropped in the hospital forthwith. They reviewed the Zia's current...