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

Cross-industry eligibility status to be spot-checked

Bangladeshi exporters' compliance with European Union's regulations, including GSP rules of origin, implementation of REX system and statement on origin, is set to be spot-checked for extended privileged market access.A delegation from the Directorate-General for Taxation and Customs Union (DG TAXUD) will visit Bangladesh in November to monitor compliance-related activities...

Expatriates inalienable, join post-uprising nation rebuilding drive

Chief Adviser Prof Muhammad Yunus urged non-resident Bangladeshis (NRBs) to actively join in the post-uprising drive for rebuilding the nation through their collaboration and contributions.Describing the expatriates as an integral part of Bangladesh, he told them at a meet Saturday in New York that they could play a vital role...

Bureaucracy's denial behind little progress: Adviser Mahfuj

There is little progress in the implementation of media reform proposals due to the refusal of the bureaucracy, as well as the nexus between the civil-military bureaucracy and the corporate society, Information and Broadcasting Adviser Md Mahfuj Alam has said."Visible and invisible stakeholders in the ministry influence decision-making," he said...

Health sector steeped in unhealthy practices in procurement, equipment use

High-value medical equipment purchased over a year ago remains largely unused, exposing critical gaps in resource utilisation and public money's value. Such neglect and waste officially detected under the Expansion of the National Institute of Neurosciences and Hospital (NINS) project only shows the tip of the iceberg in the lifesaving...

Fix retail prices of hilsa

The Bangladesh Trade and Tariff Commission has recommended setting the maximum retail price for hilsa based on size in the face of an unusual increase.In a report on Sunday, it also identified 11 key reasons behind the sharp price hike - imbalance between supply and demand, hoarding and syndicates, rising...

BD to raise long-term LNG import

Bangladesh is preparing to significantly ramp up its liquefied natural gas (LNG) imports from long-term suppliers next year, aiming to reduce dependence on costly and uncertain spot market purchases.Imports under long-term sales and purchase agreements (SPAs) are set to rise by more than 53 per cent in 2026, reaching 86...

BB finalises administrators for five Shariah banks

Bangladesh Bank (BB) has finalised five proposed names as administrators for the Shariah-based banks that are under consideration for a merger, reports UNB.According to a source at Bangladesh Bank, the names were selected on Sunday.Md Shawkat Ullah Alam, Executive Director of the central bank, has been named administrator for EXIM...