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

Govt to roll out new dev strategy targeting $1.0t economy by 2034

The newly formed BNP government is set to introduce a new development strategy, moving away from the long-standing five-year planning model used during the previous Awami League administration, which remained in power for 17 years.The ambitious macroeconomic blueprint aims to steer Bangladesh towards a US$1.0 trillion economy by 2034, with...

Growth plan focuses on jobs, investment

The government has unveiled a broad economic reform roadmap aimed at accelerating economic growth through investment-led expansion, labour market reforms and measures to improve macroeconomic stability. The strategy seeks to revive investor confidence, generate large-scale employment and strengthen the economy's resilience amid ongoing domestic and global challenges.According to the weekly...

Hearing on power-price hike begins today

A two-day public hearing to justify proposed power -tariff hikes in bulk and retail supplies begins today (Wednesday).Bangladesh Energy Regulatory Commission (BERC) will hold the public hearing against the proposals of the state-run Bangladesh Power Development Board (BPDB) to raise bulk tariffs and of Power Grid Bangladesh PLC to raise...

BB warns banks against forex manipulation

Bangladesh Bank (BB) has cautioned treasury heads of all scheduled banks to refrain from any form of manipulation in foreign-exchange transactions in the coming days.The warning was issued at a meeting held at the Bangladesh Bank (BB) headquarters in the capital on Tuesday, with BB Governor Md Mostaqur Rahman in...

Only 3.0pc RMG factories use renewable energy: Study

Only 3.0 per cent of surveyed readymade garment (RMG) factories in Bangladesh meet their energy needs through renewable sources, with solar power being the only form of renewable energy currently in use, according to a new study.The study, conducted by Mapped in Bangladesh (MiB), found that the majority of factories...

Singapore pushes $1b investment plan

Singapore has reiterated its interest in managing the proposed Bay Terminal at Chittagong Port and plans to invest up to $1 billion in its infrastructure development, reports bdnews24.com.The non-resident High Commissioner of Singapore to Bangladesh Derek Loh conveyed the interest during a courtesy call on Commerce Minister Khandakar Abdul Muktadir...

BGB, BSF exchange fire along Sylhet border

Border Guard Bangladesh (BGB) retaliated with return fire after India's Border Security Force (BSF) opened fire along the Sonarhat border area in Goainghat upazila under Sylhet district on Monday afternoon, officials said, reports UNB.The incident took place in the border area under the jurisdiction of Sylhet Battalion (48 BGB), said...