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

US importers shifting from tax-laden India, China to Bangladesh

Bangladeshi exporters are receiving increased inquiries from American buyers, retailers, and traders as the steep US tariff hike for India and China is making the sourcing from there much costlier.Industry-insiders say Bangladesh's companies are now securing some non-traditional export orders that US firms previously imported from India, such as hardware...

EC unveils election roadmap for early February voting

Election to the 13th National Parliament of Bangladesh -- necessitated following the regime change through mass uprising -- is planned for the first half of February next in the final poll roadmap. Election Commission senior secretary Akhtar Ahmed rolled out the election roadmap, sans a specific voting date, at a...

Eco-friendly jute bags to hit market Sunday

Eco-friendly jute-made bags or Sonali bags will hit the market on Sunday next. According to the Ministry of Textiles and Jute, prices of the jute bags have been fixed between Tk 35 and Tk75 each.An official at the ministry said that the marketing of the jute bags will be launched...

Tight monetary policy for six more months imperative to curb inflation, says PRI

Tight monetary policy, fiscal prudence and increase in overseas income have helped in stabilising macro-economy, but high inflation and weak wage growth continue to weigh on households. Such is a mixed view of the country's economic situation presented in the Bangladesh Monthly Macroeconomic Insights (MMI) by the Policy Research Institute...

Forex reserves cross $31b, help stabilise exchange rates

Bangladesh sees its foreign-exchange reserves cross US$31-billion mark after two months, helping keep the dollar-taka exchange rate stable and economy in some good ambiance.Analysts think regulatory intervention by Bangladesh Bank through dollar buys from the market and steady fund inflows work. As part of the central bank's foreign-exchange-market intervention approach...

Investment proposals worth $1.25b received during Jan-Jun

Bangladesh received investment proposals worth $1.25 billion during last January-June period through the Bangladesh Investment Development Authority (BIDA) and other relevant government agencies, latest updates show.The investment information and trade-facilitation measures were disclosed at the 5th meeting of the Investment Coordination Committee held Thursday at the Chief Adviser's Office. The...

Karail, the largest slum in Dhaka spanning about 90–95 acres

Karail, the largest slum in Dhaka spanning about 90–95 acres, is juxtaposed with the posh Gulshan area in the capital. The slum houses over 300,000 low-income people amid challenges like crime, drugs, and extortion. The photo was taken on Thursday. — FE Photo by K Asad-Uz-Zaman