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

Study finds Tk 29.27b irregularities in six IPP solar projects

Irregularities amounting to over Tk 29.27 billion were committed in six government and independent power producer (IPP) solar projects undertaken by the Bangladesh Power Development Board (BPDB) between 2012 and 2025, according to a study conducted by Transparency International Bangladesh (TIB).Citing BPDB accounts, TIB in the study report said, "An...

Low growth, high inflation may prolong

Economists and experts on Wednesday said Bangladesh risked slipping into a prolonged phase of low growth and high inflation unless deep structural reforms were carried out alongside ensuring political and macroeconomic stability.Without decisive action on long-pending institutional and structural weaknesses, the country's ambition of sustaining high growth and becoming a...

Bomb explosion kills youth in Moghbazar

A young man was killed in a crude bomb explosion in Moghbazar area of the capital on Wednesday evening. The victim, identified as Siam, 24, died instantly when miscreants hurled the bomb from Moghbazar flyover, which exploded on the ground below around 7:30pm in front of the Muktijoddha Sangsad.Siam was...

BTMA seeks longer material import credit

Textile millers have urged the Bangladesh Bank to further extend the import credit period for cotton and other industrial raw materials to 360 days.They warned that a return to the earlier 180-day limit would severely disrupt export-oriented textile production and strain working capital.The appeal comes as the existing extended facility,...

Import duty on dates cut by 40pc

The government has reduced the existing import duty on dates by 40 per cent to ensure its adequate supply and help stabilise market prices during the upcoming holy month of Ramadan.The government issued a notification on Tuesday reducing the customs duty from 25 per cent to 15 per cent. The...

VAT exemption extended until Jun 2026

The government has extended the Value-Added Tax (VAT) exemption on metro-rail passenger tickets until June 30 next year, aiming to promote public interest and encourage greater use of the environmentally friendly mass rapid-transit system.Earlier, the VAT exemption on metro rail services was scheduled to remain in force until December 31...

Amended tobacco control ordinance approved

The Council of Advisers on Wednesday approved the proposed Smoking and Tobacco Products Usage (Control) (Amendment) Ordinance, 2025 at its meeting, aiming to effectively control the use of tobacco products and smoking in the country.The Legislative and Parliamentary Affairs Division has been instructed to take immediate steps for the promulgation...