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

Duty-cut plea not denied, talks on sticking points agreed

Dhaka and Washington reached agreement on several more issues over Bangladesh's petition for reconsidering bumped-up tariffs on the US market, but the host side preferred further negotiations on few sticking points, officials said. The second round of the Bangladesh-US tariff talks ended Friday in Washington without any breakthrough but both...

US makes tariff rethink conditional to 40pc value addition requirement

As a major precondition for tariff rethink, the US side wanted 40-percent local value addition to export products as the threshold during negotiations with the Bangladeshi trade delegation.Apparel-industry leaders in Dhaka disclosed this Saturday, after the latest around of tariff-cut talks in Washington concluded inclusively Friday following some agreements and...

US value addition criteria for knitwear, denim achievable

Bangladesh is capable of meeting, to a large extent, the 40 per cent value addition requirement tagged by the USA as far as the garment items like denim and knitwear are concerned. However, some woven products might face a setback. The US wants a minimum 40 per cent local value...

NBR to frame ethics code to help build trust

The National Board of Revenue (NBR) is set to introduce a formal code of ethics and professional conduct by September 2025, fulfilling a key condition of the International Monetary Fund (IMF) under its ongoing $4.7 billion loan programme. In a significant move toward improving transparency and governance, officials and experts...

Startup funding surges 12-fold in H1 2025

Startup funding in Bangladesh have marked a significant jump during the first six months of the current year, mainly on the back of merger and acquisition (M&A) deal between a local company and a global one.Funding in such businesses reached nearly $119.9 million during the period which is almost 12...

Five arrested so far

Police have arrested five persons for their alleged involvement in brutal killing of a trader near Sir Salimullah Medical College Hospital (Mitford Hospital) in the capital. A group of miscreants murdered scrap metal trader Lal Chand alias Sohag (39) in public in front of the hospital at around 6:00 pm...

WHO places Saima Wazed on indefinite leave amid graft probe

The World Health Organization (WHO) has placed Saima Wazed Putul, its embattled regional director for South-East Asia and daughter of deposed prime minister Sheikh Hasina, on indefinite leave, months after the Anti-Corruption Commission (ACC) brought charges of fraud, forgery, and abuse of power against her, reports bdnews24.com. Putul's leave took...