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

Repo facility awaits regulatory axe again

Existing repo facilities are being squeezed further as the central bank is bent on phasing out its 28-day-tenure liquidity window in a move to make banks manage funds more efficiently.Updating the bankers about such facility-curtailing move, the monetary policy unit of Bangladesh Bank sits for a meeting with the treasury...

BD seeks to launch Starlink internet

Bangladesh eyes cover-all speedy Starlink internet service as Chief Adviser Professor Muhammad Yunus has invited new US government functionary and technology tycoon Elon Musk to launch the satellite.In a letter to the top US businessman and Chief Executive Officer of SpaceX on February 19, the Chief Adviser told Musk his...

Gas tariff hike to raise import dependence, cut jobs

If the government implements the proposed increase in natural gas tariffs, it could halt local production, increase import dependency, and lead to significant job losses, warned sector insiders on Sunday at a policy discussion. The seminar, titled "Policy Consideration in Energy Affordability and Impact on Industrial Competitiveness" and jointly organised...

Students from different educational institutions stage demonstrations in the capital city on Sunday against

Students from different educational institutions stage demonstrations in the capital city on Sunday against the backdrop of a series of recent incidents of rape and other criminal offences in different parts of the country. In the photo, students of BRAC University are seen holding a protest rally in front of...

Corporates get AEO key for rapidly crossing customs corridors

A long wait is over now for the golden-gate key as government's revenue authority awarded Authorized Economic Operator (AEO) certificate to large corporate taxpayers for expeditiously clearing export-import cargoes through customs ports.For faster and transparent processes of trade and investment certification and clearance, the AEO tool comes in sync with...

Upswing in imports in seven months of FY25

Overall import has witnessed an upward movement in the first seven months of the current fiscal year (FY), 2024-25, ahead of the upcoming fasting month of Ramadan, officials said.The actual import in terms of settlement of letters of credit (LCs) grew by 2.08 per cent to $40.25 billion from July...

CA to meet govt high-ups Feb 27

Chief Adviser (CA) Dr Muhammad Yunus is expected to hold a special meeting with government high-ups on February 27 to devise necessary strategies and find ways to recover the huge amount of money laundered during the previous Sheikh Hasina regime, Bangladesh Bank sources said.The meeting to be chaired by the...