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

Yunus to write to Trump for duty cut

Chief Adviser Dr Muhammad Yunus will write to US President Donald Trump a letter requesting a reduction in the reciprocal tariffs on Bangladesh in 48 hours while the government plans remedial trade measures.Commerce Adviser of the interim government Sheikh Bashir Uddin will also dispatch a letter to the United States...

Govt advised to seek deferment of new US tariffs

Local businessmen and researchers have suggested that the government move to request the Trump administration to postpone the decision on counter-tariffs for three months. They made the recommendation at a meeting held on Sunday with Commerce Secretary Mahbubur Rahman in the chair.Apex Footwear Managing Director Syed Nasim Manzur, FBCCI administrator...

IMF notes some progresses on BD economic front

Some positive notes in the latest IMF review of Bangladesh's economic situation raise hope in government high-ups for release of a stalled loan tranche together with the next one by June. "We are optimistic," Finance Adviser Dr Salehuddin Ahmed told reporters when asked whether he remains hopeful about receiving the...

Review meeting ends sans result

A crucial meeting at the Ministry of Commerce concluded on Sunday without any decision against refiners' demand for a Tk 18 hike in the price of soybean oil per litre, leaving both the industry and consumers in a limbo.The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association (BVORVMA) formally submitted...

Curtain rises on Investment Summit today

The Bangladesh Investment Summit 2025 starts today, bringing together global investors and top executives as the country positions itself to showcase a revitalised investment climate poised for transformative investments and unprecedented growth.The United States-based satellite internet provider Starlink, a subsidiary of SpaceX, has received official approval from the Bangladesh Investment...

March remittances smash all records

Bangladesh's inward remittance inflow crossed the $3.0 billion mark for the first time in history in March this year, which gave the much-needed impetus to the country's depleting foreign currency reserves. According to the Bangladesh Bank (BB) data, Bangladeshi citizens working abroad sent remittances equivalent to $3.29 billion in March,...

Anti-Trump protests held in all US cities

BOSTON, Apr 06 (BBC): Crowds of protesters gathered in cities across the US on Saturday to denounce President Trump, in the largest nationwide show of opposition since the president took office in January.The "Hands Off" protest planners aimed to hold rallies in 1,200 locations, including in all 50 US states....

Central bank declares Tk 9.0b startup fund

Bangladesh Bank announces forming a special fund worth around Tk 9.0 billion to solely lend capital to startup companies, under government bid for accelerating economic growth banking on newer enterprises and investment. Bangladesh Bank Governor Dr Ahsan H Mansur rolled out the plan at a plenary of an investment summit...

Bangladesh requests US to postpone hiked tariffs for three months

Chief Adviser Prof Muhammad Yunus urges US President Donald Trump to postpone the imposition of 37-percent reciprocal tariff on Bangladeshi exports for three months, allowing his government time to implement measures for augmenting imports from the United States.As the head of interim government wrote Monday to the US president, the...