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

MoC revokes DNCRP's directive on Miniket, Jeerashail rice

The Ministry of Commerce (MoC) on Tuesday rescinded the recent Directorate of National Consumers' Right Protection (DNCRP) directive that rice mills have to stop selling rice under the names of Miniket and Jeerashail. The DNCRP is an entity under the MoC.It also requested the food ministry to look into the...

S Korea intends to begin with $6.0b in fresh ventures

Dhaka expects South Korean loans for nearly two dozen proposed development projects initially involving Tk 816.70 billion as the Asian country aspires to be a new financier of megaprojects in Bangladesh. High officials of the lender-country evinced initial consent to loans worth over US$ 6.0 billion during a recent visit...

Govt working on broad consensus around political system: CA

Chief Adviser Professor Muhammad Yunus said on Tuesday the interim government was working to build a broad national consensus around a renewed political system, reports BSS."We are working to build a broad national consensus around a renewed political system - one that delivers inclusive, participatory, and credible elections," he said."The...

US-BD tariff talks concern sovereignty, economic future

China's Bangladesh ambassador alerts that the ongoing Dhaka-Washington tariff negotiations bear significant implications for Bangladesh's sovereignty and economic future, terming the US approach "unreasonable and unethical".Speaking at a session of DCAB Talks hosted Tuesday by the Diplomatic Correspondents Association of Bangladesh, Ambassador Yao Wen expressed concern over the United States'...

Meet with USTR for triff cut begins

Bangladesh started the first-day meeting under a scheduled three-day negotiation with the United States Trade Representative (USTR) to secure a fairer deal within July 31 to skip 35-percent tariffs imposed on products exported to the US market from Bangladesh, effective from August 01, sources said.The crucial meeting began in Washington,...

BB announces new monetary policy Thursday

Bangladesh Bank is set to announce a new monetary policy tomorrow (Thursday) for the first half of the current fiscal year 2025-26, reports UNB.Meanwhile, the central bank has completed preparation for announcing a new slightly expansionary monetary policy, reducing interest rates to enhance credit flow in the private sector, said...

24 realtors, individuals face NHA eviction drive

Towers of forgery of individuals and real-estate companies are set to get under eviction drive as the structures are being built illegally by occupying government-owned land in Mirpur's section-9 area, sources said.The National Housing Authority (NHA) prepares for the drive to demolish the private properties of 24 individuals and real-estate...

DUCSU election on Sept 9

The Dhaka University Central Students' Union (DUCSU) and hall union elections are scheduled to be held on 9 September this year.Chief Returning Officer Professor Dr Mohammad Jasim Uddin announced the schedule at a press conference held at the conference room of the Nabab Nawab Ali Chowdhury Senate Bhaban on Tuesday....