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

Govt forms high-powered committee to revive NBR bifurcation

The government has formed a high-powered committee to resume the long-pending process of bifurcating the National Board of Revenue (NBR) into two separate divisions.The Cabinet Division has constituted the committee, headed by Md Ismail Zabiullah, adviser for the Ministry of Public Administration.Other members include finance ministry adviser Dr Rashed Al...

PM unveils plan for a cleaner, greener Dhaka

Crammed Dhaka is set to undergo a major transformation under a multidimensional government plan on internal ecological uplift and decentralization of facilities to turn the capital into a cleaner and greener metropolis. Prime Minister Tarique Rahman Wednesday unveiled in parliament the development blueprint that includes modern transport systems and circular...

No significant tax relief but business barriers to be removed

Finance Minister Amir Khosru Mahmud admits that the new government will not be able to offer significant tax relief to businesses in the upcoming budget for resource constraints, but assures removing all business barriers.He says although the economy is going through a challenging period, the government will offer similar policy...

PM announces support for affected haor farmers

Prime Minister Tarique Rahman announced on Wednesday emergency support for farmers in Bangladesh's haor wetlands affected by heavy rainfall.Responding to concerns raised by Kalim Uddin Ahmed, the MP for Sunamganj-5, in the Jatiya Sangsad, the prime minister said the government would identify affected farmers and provide assistance over the next...

Bottled soybean oil price raised by Tk 4 per litre

The government on Wednesday permitted increasing the price of soybean oil, citing rising costs on the international market.The price of bottled soybean oil has been raised by Tk 4.0 per litre, setting the new rate at Tk199, up from Tk195. At the same time, the price of loose soybean oil...

Biman signs $3.7b Boeing deal today for 14 aircraft

Bangladesh's flag carrier Biman Bangladesh Airlines is poised to sign a $3.7b agreement with US aerospace giant Boeing to purchase 14 aircraft, marking the largest fleet in the airline's history.The deal is expected to be formalised this (Thursday) evening at a ceremony in Dhaka, attended by senior government officials, diplomats...

Special JS body to consider constitutional amendments

A special parliamentary committee is being formed to consider amendments to the constitution of Bangladesh -- a move akin to a main motto of the 2024 uprising that brought about regime change. The ruling party has initiated the amendment steps, Law Minister Md Asaduzzaman told parliament (Jatiya Sangsad) Wednesday.He made...