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

Dhaka, KL ink MoUs on defence and energy

Bangladesh and Malaysia Tuesday agreed to deepen ties at summit talks capped with the adoption of eight instruments of cooperation with thrust on economy, investment, free trade, and labour recruitment. The signing of five memorandums of understanding (MoUs) and exchange of three notes on cooperation followed talks between visiting Bangladesh...

Ailing economy in healing process: FA

A 'moderate economic stability' has been achieved by the interim government after inheriting a fragile state left last August by the ousted government and reforms are expected to pay off by February, before the polls.Government high-ups Tuesday made these observations at a press briefing, where Finance Adviser Dr Salehuddin Ahmed...

A mixed bag for interim rulers from businesses

It's a mixed bag for the interim government in the first year in office as business leaders appreciate some policy progress while expressing frustration over persistent structural bottlenecks, law-and-order problems, and a widening government-private-sector gap.Such split views come from the basic industrial and potential technological sectors and Bangladesh's main export...

Export earnings target set at $63.5b for FY'26

The government has set export earnings target at $63.5 billion for the current fiscal year (FY '26), eyeing a 16.5 per cent growth over the last fiscal's receipts.Of the total, the earnings target from export of merchandise products has been set at $55 billion, 13.40 per cent up from the...

BB pushes banks to boost farm credit for price stability

Bangladesh Bank (BB) Governor Dr Ahsan H. Mansur has urged commercial banks to step up efforts in ensuring a steady flow of funds to farmers, calling agricultural finance vital for rural economic vibrancy and controlling inflation.He said expanded farm lending would help strengthen food security, support rural livelihoods, and stabilise...

Growth sluggish amid early turnaround signs

The outgoing fiscal year (FY), 2024-25, ended with mixed outcomes for Bangladesh's economy, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has said."Though growth remains sluggish, the quarter under review (Q4 of FY25) showed early signs of a turnaround," the MCCI said in its quarterly economic review for April-June...