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

Economy to attain full stability and prosperity after two years

Bangladesh may need two years to take off from the present miasma and make the economy get full stability and prosperity, says Finance Minister Amir Khosru Mahmud Chowdhury."The country's economy will need two years from where it stands now. After that, the economy will stabilise and fully turn around in...

Budget ambitious on major economic parameters

Assumptions about inflation, growth, investment and revenue collection in the proposed budget are ambitious as they mismatch with Bangladesh's current economic realities, says a policy think-tank, while appreciating numerous reform measures being introduced. Presenting its post-budget analysis at a hotel in Dhaka on Friday, the Centre for Policy Dialogue (CPD)...

Govt likely to review mandatory TIN requirement: NBR chairman

The government may reconsider its proposal to make a taxpayer identification number (TIN) mandatory for opening bank accounts, following concerns that the move could create barriers for ordinary citizens and low-income workers and undermine financial inclusion.The measure, included in the FY27 budget, was aimed at widening the tax net.Students, recipients...

Depositors have nothing to worry about

Bangladesh Bank Governor Md Mostaqur Rahman has assured that the depositors of Islamic Bank Bangladesh Ltd (IBBL) have nothing to worry about and that necessary liquidity supports will be given to the bank. "They can withdraw money anytime," the governor said Friday, against the backdrop of management shakeups.His comment came...

MCCI terms Tk 6.95t revenue target ambitious

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) termed the revenue target of Tk 6.95 trillion in the proposed Tk 9.38 trillion national budget for the coming FY'27 as ambitious and expressed concern over its achievability.One of the country's oldest chambers, the MCCI thinks that formulating this budget is...

Budget responsive to evolving pvt sector needs

Hailing the proposed national budget for FY27, President of the Chittagong Chamber of Commerce and Industry (CCCI) Amirul Haque has said the overall direction of the budget has been positive and responsive to the evolving needs of the private sector.In a statement to The Financial Express on Friday, he said...

Budget reform- oriented, business-friendly: BCI

The Bangladesh Chamber of Industries (BCI) has welcomed the proposed national budget for the fiscal year 2026-27, describing it as reform-oriented and business-friendly, while underscoring the need for effective implementation of the proposed measures.In a budget reaction issued on Thursday, BCI president Anwar-Ul-Alam Chowdhury Parvez said the government's reform initiatives...

Budget shows strong reform intent: BUILD

The Business Initiative Leading Development (BUILD) has welcomed the proposed national budget for FY2026-27 as a progressive, business-friendly fiscal framework that departs from conventional budgeting approaches through its emphasis on deregulation, automation, investment promotion, and ease of doing business, reports BSS.In its initial reaction to the budget on Friday, BUILD...

CMCCI welcomes new budget

CHATTOGRAM, June 12: The Chattogram Metropolitan Chamber of Commerce and Industry (CMCCI) welcomed the budget placed in parliament on Thursday for the next fiscal year. The CMCCI termed the budget as pro-development and pro-people. President of CMCCCI Khalilur Rahman expressed his gratitude to the Prime Minister and the Finance Minister...

REHAB hails allowing undisclosed money in housing sector

The Real Estate and Housing Association of Bangladesh (REHAB) has hailed many budgetary proposals, especially for allowing investment of undisclosed money in productive sectors.However it strongly opposed imposition of additional tax on construction materials, particularly MS rods.In a statement, the trade body on Friday said a large volume of undisclosed...