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

Redoubled exploration in south coast, releasing Bhola gas caches accelerate

Curing Bangladesh's economic development-limiting fuel crunch gets under focus as exploration in the south coast and releasing locked Bhola gas caches gather speed.Sources say the government has fielded agencies to carry out feasibility study on pipeline setting to carry the stranded Bhola gas to mainland to utilise the island's gas...

US, Egypt, Turkey, Qatar sign Gaza deal

The United States, Egypt, Qatar and Turkey signed a declaration on Monday as the guarantors of a Gaza deal aimed at ending two years of war."The document is going to spell out rules and regulations and lots of other things," Trump said before signing, repeating twice that "it's going to...

BIWTA cuts components after tenure ends

After the end of the project's tenure, the Bangladesh Inland Water Transport Authority (BIWTA) has decided to cut the procurement of some dredgers, a key component of the scheme, as execution drags on for seven years, insiders said on Saturday.Since the project expired in June last, the state-run water-transport authority...

Fully paperless customs in Bangladesh by 2028

Bangladesh is advancing towards a fully paperless customs system by 2028 with the move to expand the digital window for the clearance of imports.Recently, the Chief Adviser's Office instructed the National Board of Revenue (NBR) to include 18 more public and private bodies in the digital platform. A total of...

Strong growth in farm loan as disbursement hits Tk 26.72b

Disbursement of agricultural loans rose notably in August of the current fiscal year, reflecting higher demand for seasonal credit amid ongoing efforts to boost rural productivity.According to the latest data from Bangladesh Bank (BB), farm-loan disbursement stood at Tk48.26 billion during July-August of the fiscal year (FY) 2025-26, marking a...

Create social business fund for new-gen farm entrepreneurs

Chief Adviser Prof Muhammad Yunus urges the International Fund for Agricultural Development (IFAD) to establish a social-business fund for supporting teeming young agricultural entrepreneurs, women farmers and food processors in Bangladesh.The head of interim government, now in Italy, mooted the proposal during a meeting with IFAD President Alvaro Lario on...

BTRC sets Oct 30 deadline to cap SIM ownership at 10 per NID

The Bangladesh Telecommunication Regulatory Commission (BTRC) has set October 30 as the final date for mobile users to deactivate or transfer ownership of SIM (Subscriber Identity Module) cards that exceed the maximum limit of ten registered under a single National Identity Card (NID).In a notice issued on Monday, the telecom...

Bata to have first BD woman as MD

Bata Shoe Company (Bangladesh) Limited has named Faria Yasmin as its new managing director - marking the first time in the company's 63-year history in Bangladesh that a woman will lead its operations.Ms. Faria will officially assume her new role on November 20, succeeding Debabrata Mukherjee, who will leave the...