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

Foreign banks enhancing credit backup to BD counterparts

Banks now enjoy a feel-good ambiance in external trade financing as foreign counterparts open line-of-credit backup mainly as Bangladesh sees significant improvements in foreign-exchange receipt, officials and bankers say.After the changeover in state power following last year's July-August mass uprising, large international banks that typically act as correspondents for commercial...

Govt sets sights high on $65b export this fiscal

An ambitious export target of US$65 billion is proposed for this fiscal year with the government having gauged all the ground realities and global and local economic scenarios, officials say. The uppish export turnover for 2025-26 reflects a 17.22-percent growth over the estimated export earnings of $55.45 billion in the...

Bangladesh begins talks with US

Bangladesh resumed talks with the US Administration, especially the United States Trade Representative (USTR), to negotiate a reduction in the newly-imposed tariffs on Bangladeshi products at a favourable level.The meeting began at 11:00 am local time in Washington D.C. with high-ranking officials from both nations. The meeting was scheduled to...

Myriad workers stare as RMG minors getting upset

Umpteen workers stare at possible livelihood upset as Bangladesh's readymade-garment factories -- mostly small and midsize ones -- may take a stumbling blow from the highhanded latest US tariff regime.Though big factories mostly manufacture garments for US buyers, industry-insiders say, SMEs that dependent on the US market would face a...

Get ready by Dec for national election

Chief Adviser Prof. Muhammad Yunus directed the home ministry on Wednesday to be fully prepared by December to conduct the 13th parliamentary election. He gave these directives during a meeting on the preparations of law enforcement agencies for the upcoming parliamentary polls held at the State Guest House Jamuna in...

Govt puts on hold all types of spending from block allocation

As part of belt-tightening measures, the government has put on hold all types of spending from block allocation under its operating budget for the fiscal year 2025-26.To this effect, the Finance Division under the Ministry of Finance on Tuesday issued a notification, outlining suspension/lowering of some spending and limiting foreign...