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

Budget session begins June 7

Parliament sits for budget session at 3:00pm on June 7 to consider and pass the new government's first budget that is forecast to be expansionary to finance its newer programmes on development and social protections. The President has summoned the second, or budget session of the 13th Jatiya Sangsad as...

BD seeks Chinese support for Teesta project, other sectors

Bangladesh has sought China's involvement in the much-discussed Teesta river- management project during high-level talks with Chinese officials in Beijing where both sides pledged to deepen strategic and economic cooperation amid shifting regional dynamics.The request was made during the bilateral meeting between Bangladesh foreign minister Khalilur Rahman and his Chinese...

Start-up investment co launching on May 12

The widely-discussed Bangladesh Start-up Investment Company (BSIC), owned by 39 commercial banks, will officially be launched on Tuesday next with no concrete decision over the use of foreign bank funds.The decision on keeping central bank representatives in the operational process for better use of the investment to facilitate promising economic...

Jet fuel prices reduced by Tk 22 per litre

The Bangladesh Energy Regulatory Commission (BERC) has reduced the prices of jet fuel used in aviation, marking a significant reversal after three consecutive increases.The new rates were announced on Thursday and came into effect at midnight.According to the revised pricing, the cost of jet fuel for domestic flights has been...

Digitised interface imperative to prevent tax evasion, misspending of public money

Ensuring accountability and transparency in utilising taxpayers' money is imperative and digitised interface linking government authorities is the tool to get to the goal, experts say. Speakers at a pre-budget discussion Thursday came up with this and numerous other suggestions for reforms on economic and financial front for government authorities...

ACs, refrigerators may become costlier in FY27

The government is considering withdrawing concessional import facilities for raw materials used in manufacturing refrigerators and air-conditioners in the upcoming FY27 budget. This could significantly increase the prices of the two household appliances and put pressure on local industries, according to finance ministry sources.They say the interim government has already...

12 more children die of measles, symptoms in 24 hours

Twelve more children died of measles and measles-like symptoms in the past 24 hours until 8:0am on Thursday, according to the Directorate General of Health Services (DGHS).With the latest daily tally, the total death toll from the highly contagious viral disease reached 336 since mid-March this year, the DGHS said...