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

Bangladesh eyes further cut in US tariff to 15pc

Commerce Adviser Sk Bashir Uddin has said that efforts are underway to reduce the United States' reciprocal tariff on Bangladeshi goods to 15 per cent, following a recent cut from 35 per cent to 20 per cent.Speaking at a press briefing after a meeting on export targets for FY 2025-26,...

Banks shift focus from deposit drive to BB's liquidity tools

Commercial banks in Bangladesh are scaling back efforts to grow deposits as slowing economic activity reduces investment opportunities, prompting a shift towards maximising the use of Bangladesh Bank's short-term liquidity instruments.Top executives from several banks told The Financial Express in recent weeks that the sluggish economy has left them reluctant...

Government nods buying two bulk carriers by BSC

The Advisers' Council Committee on Government Purchase on Tuesday approved the procurement of two bulk carrier vessels for the Bangladesh Shipping Corporation (BSC) at a total cost of Tk 9.357 billion.The New York-based Hellenic Dry Bulk Ventures LLC will supply the vessels, each with a capacity of 63,500 deadweight tonnes...

NCC's tenure extended until September 15

The interim government has extended the tenure of the National Consensus Commission (NCC) until September 15, as the commission has yet to finalise a national charter within the original deadline.A gazette notification signed by Cabinet Secretary Sheikh Abdur Rashid was issued on Monday night to formalise the extension.The seven-member commission,...

Modern film city planned in Gazipur

The Bangladesh Film Development Corporation (BFDC) is set to build a state-of-the-art film city in Gazipur to rejuvenate the country's struggling film industry.The government plans to allocate around Tk 5.07 billion from the national exchequer for the project, which will be developed on land acquired for Tk 198 million in...

BADC to hold public hearings every month

Bangladesh Agricultural Development Corporation (BADC) has taken an initiative to hold public hearings every month to address the complaints and problems to be raised by the stakeholders, aiming to making its services more effective, smooth and free from discrimination.Keeping this in view, the state-run Corporation has decided to hold such...

5-year BGTB yield falls to 10.27pc

The yield on the five-year Bangladesh Government Treasury Bonds (BGTBs) fell further on Tuesday as banks expressed willingness to invest their excess liquidity in the risk-free securities.The cut-off yield, generally known as interest rate, on the BGTBs came down to 10.27 per cent on the day from 11.05 per cent...

89pc favour two-term limit for PM: study

A nationwide survey by the non-governmental organisation SHUJAN (Shushashoner Jonno Nagorik), or Citizens for Good Governance, has found overwhelming public support for significant political and constitutional reforms, including the formation of a non-partisan caretaker government during election periods, reports bdnews24.com.The survey, conducted in May and July, revealed that 83 percent...

After a long night's toil, labourers at Karwan Bazar

After a long night's toil, labourers at Karwan Bazar in the capital leave their bamboo baskets -- an essential tool of their work -- lined up along the roadside for drying in the morning sun, a quiet testament to the rhythm of labour and rest in the city's waking hours....