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

Invest in Bangladesh, do business with a purpose

Chief Adviser Professor Muhammad Yunus presents Chairman of Youngone Corporation Kihak Sung with the document of honorary citizenship at Bangladesh Investment Summit at a hotel in the capital city on Wednesday. — PID Invest in Bangladesh under a changed perspective with a twin goal of making profit and benefiting society...

UK allows 92pc BD products duty-free access after 2029

Beyond the current scheme of trade preferences, United Kingdom will continue to provide 92 per cent of Bangladeshi exports duty-free access to the UK market.Baroness Rosie Winterton, UK Trade envoy in Bangladesh, conveyed the assurance at the Bangladesh Investment Summit 2025 in Dhaka on Wednesday. "Bangladesh is the biggest beneficiary...

Islamic problem banks to merge in two large banks

Bangladesh's Islamic-banking sector will be restructured with planned merger of the weakened and struggling ones of the lenders into two large banks to restore stability.Bangladesh Bank Governor Dr Ahsan H Mansur Wednesday announced the plan, now that there have been wide-ranging reforms launched in the country by the post-uprising interim...

Scarcity, high cost of energy, power among key barriers to FDI

Local and foreign investors have identified the high cost and scarcity of energy and power, policy inconsistency, and poor inter-agency coordination as key barriers to foreign investment, urging the government and political leaders to take immediate corrective measures.However, the policymakers from the government said that the country is undergoing a...

India cancels transshipment facility for Bangladesh

The Indian government has cancelled the transshipment facility that allowed Bangladesh to use the land customs stations of its neighbour to export cargo to third countries.However, the Indian Ministry of External Affairs (MEA) on Wednesday clarified that the decision would not affect Bangladesh's exports to Nepal or Bhutan transiting through...

China retaliates as Trump tariffs kick in

China will impose 84 per cent tariffs on US goods from Thursday, up from the 34 per cent previously announced, its finance ministry said on Wednesday, firing the latest salvo in a global trade war sparked by US President Donald Trump, report agencies.Trump's "reciprocal" tariffs on dozens of countries took...