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

NBR’s revenues drop 25pc in H1 of FY '25

Domestic revenue mobilisation in Bangladesh marked a significant shortfall by 25 per cent or Tk 577.24 billion in the first half of this fiscal year, prompting suggestion for recasting the NBR.Such big deficit would create a serious pressure on the country's macroeconomic front, economists say and they see it as...

Increase in VAT lifted or cut on various items

Government's finance authority has reconsidered the latest hikes in value-added tax (VAT) and supplementary duty (SD) on eight out of 100 types of products and services following widespread criticism. The National Board of Revenue (NBR) had increased VAT and SD on 100 items, but now made the revision in view...

BB's USD sales to banks dip 89pc in H1 FY25

The Bangladesh Bank's dollar sales to commercial banks fell significantly during the July-December period of this fiscal year compared to the same period in FY24, according to a central bank report.The report says the central bank sold a net $628.38 million to the foreign-exchange market during this period, a drop...

Draft CSO makes four offences non-bailable

The draft Cyber Security Ordinance 2025 has undergone a comprehensive update, introducing over a dozen new sections and making four offences non-bailable. At the same time, nine contentious sections have been repealed, and provisions related to bullying have been excluded, reflecting public concerns. These changes are intended to enhance government...

LNG subsidies set to go ballooning this fiscal yr

State subsidies on account of LNG import in the current fiscal year (FY 2024-25) are estimated to be around Tk 160 billion, nearly three times previous FY's Tk 60.35 billion.State-run Petrobangla has estimated the expenses considering the devaluation of the local currency taka against the US dollar while the government...

IMF delays decision on 4th tranche until March

The release of the fourth tranche of Bangladesh's $4.7 billion budget-support loan from the International Monetary Fund (IMF) has been deferred until March, primarily due to scheduling adjustments caused by natural disasters, reports UNB.A senior official at Bangladesh Bank (BB) told UNB that the matter was initially set for discussion...