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

Narrow product range risks RMG sector’s sustainability

Bangladesh long banks on few items for apparel-export earnings, risking the sector's sustainability, although diversification with high-value products suiting growing global- market trends holds great potential, trade experts say.Five traditional items from the country's main export sector- trousers, T-shirt, shirt, sweater, and underwear - contributed about 80.82 per cent of...

FA leads investment-promotion mission to Japan soon

A high-profile government delegation led by Finance Advisor Dr Saleuddin Ahmed visits Japan from September 1 to explore new Japanese investment in multimodal networks and tourism under a latest development drive.However, official sources say the trip has been organised to resolve the problems created in some JICA-funded projects, including metro...

High-level brainstorming session today on project execution

Entire pantheon of the interim administration sits for a high-level brainstorming session today to address ongoing challenges in development- project planning, procurement, financing and execution besides foreign-aid disbursement and government debt management.The Cabinet Division has arranged the meeting titled 'Contemporary Issues in Project Planning and Implementation in Bangladesh: A Policymaking...

Govt sweetening terms to lure IOCs after 2024 flop

The government has moved to launch an offshore bid round again soon, sweetening further the terms to lure international oil companies (IOCs) following last year's failure.State-run Petrobangla is working on finalising the draft of the model production sharing contract (MPSC), incorporating some attractive offers with last year's PSC terms, its...

Biman posts record Tk 9.37b profit in FY25

Biman Bangladesh Airlines posted the highest-ever profit of Tk 9.37 billion in the 2024-2025 fiscal year (FY) since its inception in 1972, according to a statement from the airline.Previously, the national flag carrier of Bangladesh recorded the highest Tk 4.4 billion as profit in the 2021-2022 fiscal year, said the...

NCC working with experts to find solutions

The National Consensus Commission (NCC) is working with legal and constitutional experts on the draft July Charter to find solutions, including on agreements made with notes of dissent from political parties. The draft has already been sent to the parties, and the NCC has asked them to submit their responses...