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

Taxmen fan out to spot taxable income-holders countrywide

Taxmen fan out to spot taxable income-holders across the country under a latest drive to expand the tax net and raise government revenues, officials say. The National Board of Revenue (NBR) has launched the new Spot Assessment Initiative along with a simplified tax-payment system with assessors reaching taxpayers directly at...

RMG exports to EU jump 61pc

Bangladesh's readymade garment exports to the European Union (EU) recorded a robust 61-percent growth in January this year, staying ahead of the major competitors, including China, Vietnam, Turkey, and India.Apparel exports to the EU market in January 2025 fetched 1.91 billion euros, compared to 1.18 billion euros earned in the...

BGMEA calls for keeping some bank branches open during Eid holiday

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) sought continuation of operation of some bank branches during the upcoming weekend and Eid-ul-Fitr holiday dated March 28 to March 30.Sources said such a move would be important to facilitate payment of employees' salaries and allowances, and operation expenditure, processing which includes submission...

Cut import duties on scrap metals, cement clinkers: Stakeholders

The government has been urged to reduce import duties on raw materials for manufacturing construction materials in the upcoming budget for fiscal year 2025-26 to facilitate the sector's growth for the sake of the country's economy.The steel makers have sought to lower customs duty on imported scrap metals from Tk...

Bangladesh crumbles with financial burden of environmental pollution

Bangladesh has been among the worst countries in the world in terms of undergoing the effect of environmental pollution, but what is more concerning is the financial burden it causes.Industrial waste, transport and brick kiln emissions, chemical fertiliser use in agricultural fields, faulty solid waste management and lead pollution are...

BanglaFact debunks Oikya Parishad's claim of killing 11 minority people

Bangladesh fact-checking body BanglaFact debunked Bangladesh Hindu Buddhist Christian Oikya Parishad (BHBCOP)'s recent claim of killing 11 persons in a total of 92 incidents of violence targeting minority people in January and February of this year, reports BSS.The Bangladesh Hindu Buddhist Christian Unity Council in a press release recently claimed...

Consensus Commission begins talks with political parties today

The National Consensus Commission (NCC) will begin discussions with political parties on necessary state reforms and national unity today (Thursday).The first meeting in this series will be held with the Liberal Democratic Party (LDP) at 3:00pm in the LD Hall of the National Parliament, said an NCC press release on...

Watermelons from different regions across the country arrive in large quantities

Watermelons from different regions across the country arrive in large quantities on motorboats in Dhaka's Waizghat. These tropical, juicy fruits, whose demand surges during the holy month of Ramadan, are sold wholesale to retailers at this fruit market. The photo was taken on Wednesday. — FE Photo

3 DGMs of ICB promoted to GM

Three Deputy General Managers (DGM) of ICB have been promoted to General Manager (GM) and assigned to the Investment Corporation of Bangladesh (ICB) through a notification of the Financial Institutions Division, Ministry of Finance, says a statement. The newly promoted GM are Sultan Ahmed, Md Habibur Rahman and Bivash Saha.Sultan...

Govt plans Tk 2.72b project

The Department of Disaster Management plans to generate 3.63 million workdays under the Employment Generation Program for the Poorest (EGPP), allocating Tk 1.46 billion to support 10,080 families in 15 upazilas of Feni and Brahmanbaria-two districts severely impacted by the August-September floods.According to Planning Commission officials, each worker will receive...