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

LDC graduation on time despite tariff turmoil

There is no going back for Bangladesh in its LDC graduation as the plane of status change has already taken off, a top-level meeting noted Tuesday and decided on measures to maximise its trade-economic benefits. "One should keep it in mind that we are not on the ground--we are flying...

A dazzling drone display:

A mesmerizing drone show that cast a spell on city-dwellers was staged in Dhaka's sky to mark Pahela Baishakh, the first day of the Bangla New Year. In the picture, Mir Mahfuzur Rahman Mugdho, who sacrificed his life during the July uprising, is shown carrying bottled water. The government in...

Inflation forces government to frame contractionary budget

Inflation control remains pivotal priority alongside shunning unwanted spending as the government decides to frame contractionary budget for the upcoming fiscal year, as Bangladesh crosses critical pass-through following the changeover.A panel meeting Tuesday decided to prepare the smaller budget for financial year 2025-26 keeping in mind the trend in revenue...

NBR bans yarn import through land ports

The National Board of Revenue (NBR) has declared a ban on yarn import through all land ports in the country. However, import of yarn via seaports or other means will be allowed.The customs wing issued a gazette notification on Tuesday in this regard.The notification was an amended one of the...

Petrobangla seeks Tk 20b from BPC

For the first time in history, Petrobangla has sought Tk 20 billion in loans from Bangladesh Petroleum Corporation (BPC) to foot the bill for liquefied natural gas (LNG) imports, officials said on Tuesday.The state-owned oil company BPC for the first time is going to help another government entity with its...

US high-level team due today

US deputy assistant secretary in the Bureau of South and Central Asian Affairs (SCA) Nicole Ann Chulick and deputy assistant secretary in the Bureau of East Asian and Pacific Affairs Andrew R Herrup arrive in Dhaka early today (Wednesday) on a three-day visit.This will be the first delegation from US...

Hasina, Joy, 27 others face arrest warrants

A special court in Dhaka on Tuesday issued arrest warrants against ousted Prime Minister Sheikh Hasina, her son Sajeeb Wazed Joy and 27 others in two corruption cases filed over regularities in Rajuk's plot allocation. Judge of the Metropolitan Senior Special Judge's Court in Dhaka Md Jakir Hossain passed the...