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

Gross reserves cross $30b mark after two years

Bangladesh enjoys a feel-good ambience on the foreign-exchange front now as steady inflows push its gross dollar-denominated reserves above US$30-billion mark after two years, latest official statistics show. The country's gross foreign-exchange reserves crossed $30.5 billion following the release of fourth and fifth tranches of loans from the IMF's $4.7-billion...

Bangladesh's ties with India reshaping, not cold: Adviser

Bangladesh's post-uprising ties with India are not cold but at the stage of 'readjustment' now, said Foreign Adviser Towhid Hossain Thursday, also dispelling hearsay over new alliance with China and Pakistan.The adviser of the interim government made the observations on separate questions from journalists at the foreign ministry. "I do...

MSMEs face financing gap of $2.8 billion

Micro, Small, and Medium Enterprises (MSMEs) Day 2025 will be observed in Bangladesh today (Friday) along with the rest of the world. Recognising the critical role of MSMEs worldwide, the United Nations (UN) announced June 27 as the International MSME Day in 2017.The theme of the MSME Day 2025 is...

NBR Reform Unity Council urges CA's help to resolve 'deadlock'

The National Board of Revenue (NBR) Reform Unity Council, a group of protesting officials and staff, has called for urgent intervention of Chief Adviser Professor Muhammad Yunus to break the ongoing deadlock at the NBR."Given the current circumstances, we believe that without the intervention of the chief adviser, this deadlock...

Budget bereft of regenerative structural reforms

Kick-starting structural reforms is imperative to spur economic growth, rebuild investor confidence and reverse the ongoing economic slowdown, but the new budget falls short on this account, experts and economists said.Such conclusion was drawn at a meet Thursday after doing a last-minute anatomy of the interim government-crafted budget for the...

Holy Ashura to be observed on July 6

The holy Ashura, commemorating the martyrdom of Hazrat Imam Hussein (RA), the grandson of Prophet Muhammad (PBUH) at the Battle of Karbala, will be observed in the country on July 06 as the moon of the month of Muharram was sighted in the sky Thursday, reports BSS.So, the month of...