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

Ocean-going ship imports may get tax exemption again

The government is rethinking its decision to impose a 7.5% VAT on the import of ocean-going ships, following strong backlash from local investors and concerns over potential damage to a booming foreign exchange-earning sector. After promising tax exemptions until 2030, the sudden reversal last December caught ship owners and investors...

Single bid marks 40pc of contracts

Nearly half of the procurement contracts executed by the Central Medical Stores Depot (CMSD) during the 2023-24 fiscal year saw low bidder participation, raising concerns about competition, transparency, and value for money, reveals the recent Procurement Post Review of the Bangladesh Public Procurement Authority (BPPA) under the Implementation Monitoring and...

Southeast Bank MD Sadeque Hossain resigns

Nuruddin Md Sadeque Hossain has tendered his resignation as Managing Director (MD) of Southeast Bank PLC.He submitted his resignation to the Chairman of the bank's Board of directors on 28 July 2025, citing his health grounds, according to a press release, issued by the bank. On 4 May last, the...

DNCC launches drive to recover 1,500 acres of water bodies, wetlands

The Dhaka North City Corporation (DNCC) on Thursday launched a special drive to recover its 1500 acres of water bodies and wetlands under the Detailed Area Plan (DAP) of the Rajdhani Unnayan Kartripakkha (RAJUK).As part of the drive, Administrator of the DNCC Mohammad Azaz inaugurated a programme at Aftabnagar for...

Fuel prices to remain unchanged in August

The government has kept unchanged the prices of diesel, kerosene, petrol and octane at Tk 102 per litre, Tk 114 per litre, Tk 118 per litre and Tk 122 per litre respectively for the month of August under the automatic fuel pricing formula.Petroleum prices have been kept at the same...

Political parties must have mutual understanding: Mirza Fakhrul

Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir on Thursday stressed mutual understanding among political parties given the current political situation in the country, reports BSS."There must be mutual understanding among political parties. There will be mudslinging in a democracy, and many things will be said. But there...

People from different walks of life suffer as a group of protesters under the banner of July Fighters block the Shahbagh intersection

People from different walks of life suffer as a group of protesters under the banner of July Fighters block the Shahbagh intersection in the capital, demanding immediate implementation of the July Declaration and July Charter, and their inclusion in permanent legal provisions. In the photo taken on Thursday, two elderly...

NCP's ‘July March’ ends in Dhaka

The "July March" of the National Citizen Party (NCP) has returned to Dhaka, concluding its month-long procession after meeting supporters of the July Uprising across the country.NCP leaders and activists of the capital welcomed the top leaders with showers of flower petals as the cars carrying them reached the central...

Pakistan says it wins US tariff deal; Trump cites oil reserves pact

ISLAMABAD/WASHINGTON, July 31 (Reuters): The United States and Pakistan hailed a trade deal on Thursday that Islamabad said would lead to lower tariffs and increased investment, but without specifying the level of tariff to be levied on Pakistani exports."This deal marks the beginning of a new era of economic collaboration...