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

Deep tax reforms could double revenue earnings

Bangladesh could nearly double its tax revenue without raising rates if it undertakes deep reforms in tax administration, improves compliance, and reduces systemic leakages, experts said on Sunday.They argued that with stronger transparency, accountability and enforcement capacity, the country's tax-to-GDP ratio could rise from the current level of below 7.0...

July-Mar L/C opening stagnates while settlement declines

Import orders remained nearly unchanged during the first nine months of FY2025-26, as businesses adopted a cautious approach amid geopolitical tensions and persistent foreign- exchange pressures.However, actual payments for imports fell by more than $2.0 billion, reflecting weaker private-sector demand, tighter regulatory controls and ongoing uncertainty surrounding global supply chains,...

Parliament scraps MPs’ privilege after decades

Breaking with a longstanding practice, Bangladesh parliament on Sunday passed a bill abolishing the special privilege that allowed lawmakers to import cars duty-free.The Members of Parliament (Remuneration and Allowances Amendment) Bill 2026 was placed in the House by Law, Justice and Parliamentary Affairs Minister Md. Asaduzzaman and was passed by...

Thirteen killed in lightning strikes

At least 13 people were killed in separate lightning strikes on Sunday as most of the victims were working in fields during thunderstorms that swept different parts of the country.Of the victims, five people died in Sunamganj, two each in Rangpur and Mymensingh, and one each in Habiganj, Netrakona, Lalmonirhat...

Dhaka expects safe passage for BD vessels

State Minister for Foreign Affairs Shama Obaed Islam on Sunday said Bangladesh expects its vessels including MV Banglar Joyjatra to pass safely through the Strait of Hormuz, reports UNB."We expect all ships, including MV Banglar Joyjatra, to pass safely through the Strait of Hormuz. The energy ministry (Power, Energy and...

Fuel rationing for emergency services lifted

Prime Minister Tarique Rahman has announced that fuel rationing imposed on police and other emergency services has been lifted, aiming to ensure normal law-enforcement activities and uninterrupted public movement.He made the announcement in parliament on Sunday while responding to a point of order raised by lawmaker Monirul Haque Chowdhury from...

Slow spending drags RADP execution to 36pc in 9 months

Core ministries responsible for human development have utilised less than one-third of their Revised Annual Development Programme (RADP) allocations during the first nine months of the current fiscal year, according to the latest data from the Implementation Monitoring and Evaluation Division (IMED).The underperformance of these key ministries, including the Ministry...