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

Business climate stagnates as firms grapple with inflation, policy gaps

Bangladesh's business environment has shown little sign of progress over the past year, with several key areas even deteriorating, according to the latest Business Climate Index (BBX) for FY2024-25 released on Thursday. The index highlights persistent structural challenges, from access to regulatory information and infrastructure to labour regulation and trade...

Taka seen overvalued as dollar gap widens

The local currency, Taka, appears increasingly overvalued as sluggish import demand, weak private-sector credit growth, and robust remittance inflows continue to shape foreign exchange dynamics.Bangladesh Bank's latest data show the real effective exchange rate (REER) climbed to 104.51 in September from 103.84 a month earlier, signalling that the Taka remains...

Prosecution seeks death penalty for Hasina, Kamal

Chief Prosecutor of the International Crimes Tribunal in Dhaka Muhammad Tajul Islam has completed arguments in the crimes against humanity case filed against deposed Prime Minister Sheikh Hasina, former Home Minister Asaduzzaman Khan Kamal and former Inspector General of Police Chowdhury Abdullah Al Mamun. After the conclusion of arguments on...

BB's strict LC rules hinder import of foodstuffs

A good number of imported food items, including the nutritious ones for babies and elderly people, are gradually disappearing from the market due to Bangladesh Bank's stringent rules on opening Letters of Credit (L/Cs).Importers said they find themselves in a difficult situation to import products such as baby foods, cereals,...

Government declares zero tolerance

The government has taken a hard line against the growing prevalence of gambling, betting, and pornography-related content in the country's digital space, declaring a "zero-tolerance" policy to protect cyberspace from unethical and harmful activities. The move aims to create a safer, more disciplined, and youth-friendly online environment amid a surge...

Consuming less beef increases broiler prices

The prices of broiler chicken, edible oil, and vegetables moved up again this week, further increasing burden on consumers.Broiler chicken prices went up by Tk 10 per kilogram in city markets, reaching Tk 190-195 per kg on Thursday, a weekly increase of Tk 10-15 per kg. Sonali and Pakistani chicken...

Govt hospitals to offer free dengue tests across the country

The health ministry has decided to provide free NS-1 tests for dengue detection at all government hospitals across the country until November 30, reports UNB.The Directorate General of Health Services (DGHS) has been instructed to take necessary steps against the Aedes mosquito-borne disease.According to the directive, the Finance Division has...

3 Bangladeshis 'beaten to death' along Habiganj border

Habiganj, Oct 16 (UNB): Three Bangladeshi nationals were beaten to death reportedly by Indian nationals in Tripura state of India on Thursday.The deceased were identified as Pandit Mia, 30, son of Kana Mia; Sajal Mia, 50, son of Kuddus Mia; and Jewel Mia, 32, son of Asrab Ullah, all residents...