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

WB resumes TA project for BR to help it go green

After more than one and a half decades, the World Bank is coming forward with its technical assistance to conduct a feasibility study on greening the operations of Bangladesh Railway (BR), officials said on Saturday.The global lender has recently proposed to provide US$6.0 million in assistance under the "Green railway...

Tax reform framed to cut state subsidy burden on LNG

A tax-reform package for imported LNG has been prepared to help reduce state subsidy burden being created through multiple taxation and marketing the item at cut rates. To reduce its burden from gas subsidies, officials say, the state-owned Petrobangla has proposed a set of tax reforms on the import of...

Passengers alight from a launch at Sadarghat terminal as they returned to Dhaka

Passengers alight from a launch at Sadarghat terminal as they returned to Dhaka on Saturday after relishing a long Eid vacation with their near and dear ones back home in villages. - FE Photo by Shafiqul Alam

Central bank's intervention sought

Power Division has sought the central bank's intervention to transfer its funds that remain stuck with the crisis-ridden National Bank Limited (NBL).Due to a delay in fund transfer, according to sources, the state-backed Bangladesh Power Development Board (BPDB) has been facing difficulty in paying different outstanding bills.The scam-hit bank is...

New world must be built applying new thoughts

Chief Adviser Professor Muhammad Yunus has said a new world must be built applying the framework of new thoughts."No matter how much we try to drag out the old world, this effort will not work," he said in an interview with China Media Group (CMG) in Beijing during his recent...

Bangladesh moves one step up in global passport strength index

Bangladesh has moved one notch up in the global passport strength index, moving from 182nd to 181st in 2025, according to a recent report published by Dubai-based global consultancy firm Nomad Capitalist, reports UNB.As in previous years, Nomad Capitalist has released its Global Passport Index for 2025.The index ranks passports...

ITUC expresses concern as Trump's tariff will cost jobs

FE ReportThe International Trade Union Confederation (ITUC) expressed concern over US trade measures saying the new tariffs that would mark the beginning of a trade war will cost jobs, drive up prices and have devastating consequences for workers and consumers worldwide.Terming the Trump administration's trade measures 'reckless', the ITUC in...

Cotton imports from US decline for two consecutive years

Bangladesh's cotton imports from the US have seen negative growth for the last two consecutive years, a trend spinners attribute to the high price and longer lead time of US cotton compared to Indian raw materials, despite the US cotton's higher quality and lower wastage rate.The country imported US cotton...