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

Diversification hope fades as non-RMG exports stagnate

Bangladesh's efforts to diversify its export basket beyond single-item dependence on ready-made garments (RMG) have made little headway over the past five fiscal years. Even four of the country's five largest non-RMG export sectors are still earning less than they did in the financial year 2021-22.Data from the Export Promotion...

Caretaker govt system, referendum provision revive

Election-time nonparty caretaker government system and the provisions for referendums in the constitution are restored by the apex-court verdict. The Appellate Division of the Supreme Court has upheld a High Court verdict having scrapped key provisions of the 15th Constitutional Amendment, effectively restoring the two scrapped provisions. Legal experts and...

Government to form body to compute real figures

The government will form a committee to determine the actual amount of state subsidies and outstanding arrears in the power and energy sectors, sources say. The decision to form the specialised committee has been made to resolve significant data discrepancies, investigate unverified older claims, and review the unexplained financial burdens...

ADB downgrades BD's growth to 4.5pc in FY27

Bangladesh's economy is staring at a challenging and fragile path in the current fiscal year amid decelerating growth momentum and stubborn inflationary pressures, cautions the ADB and cites major headwinds.The country's gross domestic product (GDP) growth projection for FY2026-27 has been revised downward while inflation forecasts have been raised significantly...

Landslides kill five more with toll already at 30

Five members of two families including a four-year-old child were killed after landslides triggered by heavy rainfall buried their homes in Lama upazila of Bandarban district early Thursday.According to UNB, the victims were asleep when chunks of mud collapsed onto their houses in remote Mission Para area of Aziznagar Union...

BD expects positive decision from India

Bangladesh hopes that the outcome of bilateral discussions with India over the renewal of the Ganges Water Sharing Treaty will be positive."We are in talks with India over the renewal of the Ganges Water Sharing Treaty. They know that water is a very important issue for us. And we hope...