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

Share dips to 31pc from 51pc in 16 months

Islamic banks in Bangladesh are gradually losing their stronghold in the remittance market, mainly due to the weak financial health of some lenders, with their share slipping significantly over 16 months.Their share fell from 51.57 per cent in January 2024 to nearly 31 per cent in May 2025, the Bangladesh...

Govt borrows Tk 65b thru' T-bill, yields fall slightly

The yields on treasury bills (T-bills) fell slightly on Sunday as banks preferred to invest their excess liquidity in the risk-free securities.The cut-off yield, generally known as interest rate, on the 91-Day T-bills came down to 10.07 per cent on the day from 10.12 per cent of the previous level...

Rearing skilled post-LDC era trade negotiators pool starts

Rearing a pool of skilled trade negotiators starts for sustaining export growth, diversifying markets and safeguarding Bangladesh's interests in an increasingly competitive global trading system.The urgency and initial development were unveiled at a meet in Dhaka on Sunday, with main government negotiators in the just-held intense trade-and tariff negotiations with...

Forex still over $30b even after ACU payment

Bangladesh's gross foreign exchange (forex) reserves are still over US$30 billion, even after settling $1.50 billion in import payment obligations to the Asian Clearing Union (ACU) member countries on Sunday.After the payment for the July-August period of 2025, the country's gross forex reserves came down to $30.31 billion on the...

ACC finds evidence of irregularities

The Anti-Corruption Commission (ACC) has said that it has found preliminary evidence supporting allegations of embezzlement of millions of taka through false fuel expense claims in the Dhaka South City Corporation (DSCC).A two-member ACC team led by Assistant Director Ikram Hossain conducted a nearly four-hour raid on Nagar Bhaban, the...

Govt orders PBS employees to return to work within 24 hrs

The Ministry of Power, Energy and Mineral Resources has ordered all Palli Bidyut Samitees (PBSs) employees absent under the guise of "mass leave" to return to work within 24 hours.Those who fail to comply may face legal action, according to a press release issued Sunday."Uninterrupted electricity supply is a mandatory...

Economic expansion slows in Aug

Bangladesh's economic expansion slowed in August as both manufacturing and services sectors reported weaker growth, while agriculture and construction slipped back into contraction, according to the latest Purchasing Managers' Index (PMI).The PMI - jointly prepared by the Metropolitan Chamber of Commerce and Industry, and Policy Exchange Bangladesh - stood at...