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

Tariff cuts on intermediate inputs to create jobs, says WB economist

While adoption of artificial intelligence would affect the job market in different ways, rational tariff cuts on intermediate inputs would benefit younger and more skilled workers in South Asian countries including Bangladesh, according to a latest World Bank (WB) report.Chief Economist of South Asia Region (SA) of the World Bank...

S Asia's growth fails to address inequality

South Asian nations, including Bangladesh, have achieved decades of steady economic growth yet failed to stem the widening gap between rich and poor, said Professor Rehman Sobhan, Chairman of the Centre for Policy Dialogue (CPD).Speaking at a seminar in Dhaka on Tuesday, he warned that inequality across the region has...

BB allows exporters to use local ins for open account shipments

In a major policy shift, Bangladesh Bank (BB) has allowed exporters to ship goods under open account credit terms backed by insurance coverage from local insurance companies, aiming to ease the country's export procedures.To this effect, the central bank issued a circular on Tuesday permitting banks to arrange payment undertakings...

Economic momentum quickens in Sept as PMI climbs to 59.1

Bangladesh's economic activities gained pace in September 2025, with the country's Purchasing Managers' Index (PMI) rising to its highest level in recent months. The key gauge of overall economic momentum increased to 59.1, up from 58.3 in August, according to data released Tuesday by PMI Bangladesh, jointly developed by the...

Three Americans win physics Nobel for quantum mechanical tunnelling

STOCKHOLM, Oct 7 (AFP): Briton John Clarke, Frenchman Michel Devoret and American John Martinis won the Nobel Prize in Physics on Tuesday for work on quantum physics in action, the Nobel jury said. The trio was honoured "for the discovery of macroscopic quantum mechanical tunnelling and energy quantisation in an...

Two-year bond yield slips below policy rate

The yield on Bangladesh's two-year treasury bonds dropped below the central bank's policy rate on Tuesday, as banks continued shifting excess liquidity into government securities amid sluggish private credit demand ahead of the national election. The move reflects a cautious market sentiment and limited lending appetite in the private sector.The...

Power Div seeks over Tk 23.19b subsidy for BPDB

The Power Division has sought over Tk 23.19 billion as subsidy from the government against the state-run Bangladesh Power Development Board's (BPDB) tariff deficit to help ensure uninterrupted power supply across the country, official sources said.The BPDB sustained the tariff deficit on account of selling electricity to the bulk consumers...

Gaza peace talks continue on war's two-year anniv

CAIRO, Oct 07 (AP): Peace talks between Israel and Hamas were resuming at an Egyptian resort city on Tuesday, marking the two-year anniversary of the militant group's surprise attack on Israel that triggered the bloody conflict that has seen tens of thousands of Palestinians killed in Gaza.The second day of...