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

Tech-driven land management to ease suffering: PM

Prime Minister Tarique Rahman on Tuesday said the government wanted to build a modern, technology-based and citizen-friendly land-management system so that people no longer face harassment or have to make unnecessary visits to government offices for land services, reports UNB."There is no alternative to a transparent, accountable and people-friendly land...

Private sector credit growth plummets to historic low

Formal credit growth for private sector plummeted to a historical low of 4.72 per cent as per latest data available up to March, indicating holdback in economic pickup for multiple adversities. Such ebb tide in investment credits is attributed to banks becoming more cautious amid higher non-performing loan (NPL) regime...

Same name reg mandatory for money transfer from cards to MFS accounts

Bangladesh Bank (BB) has issued stricter rules for transferring money from bank cards to mobile financial service (MFS) accounts in a move to curb rising cyber-fraud and strengthen transaction security.Under the new rules, customers will only be allowed to transfer money from a bank card to an MFS account if...

Bankers demand tough laws to recover default loans

Bangladesh's private bank owners have urged the government to toughen laws to help recover huge default loans and heal the ills facing banks following "massive looting" during the past political regime.They placed the demand Tuesday at a meeting with Finance Minister Amir Khosru Mahmud Chowdhury at his secretariat office in...

Measles, symptoms claim 11 more young lives

Eleven more children died of measles and measles-like symptoms in the past 24 hours until 8:00am on Tuesday, pushing the total death toll to 475 since mid-March.According to the latest bulletin from the Directorate General of Health Services (DGHS), 77 of the fatalities have been laboratory-confirmed as measles cases. Of...

Dollar purchases rise to stabilise taka

The central bank purchased more than US$6.0 billion from banks over the past 10 months to help maintain stability in the dollar-taka exchange rate and support both exporters and remittance earners.As part of its open market operations, Bangladesh Bank (BB) has intensified direct dollar purchases from banks to stabilise the...

NBR set to offer min tax refunds to businesses

The tax authority is set to ease the burden of minimum tax on businesses in the upcoming budget by incorporating provisions for tax refunds.Under the Finance Bill 2026, the government may allow businesses to claim refunds of the minimum tax if they fail to adjust excess payments against actual tax...

FBCCI polls in ‘shortest possible time’

The government is willing to hold the FBCCI elections within the shortest possible time, although legal challenges stemming from writ petitions filed by some business groups remain a major hurdle.Commerce, Jute and Textiles Minister Khandaker Abdul Muqtadir expressed the government's intention to hold the elections at an emergency meeting with...