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

Repayment eats up half of FY25 foreign aid

Bangladesh spent almost half of its FY25 foreign-aid receipts on repaying its external loans, officials said on Monday.The government secured $8.11 billion in loans and repaid $4.087 billion in this period, the Economic Relations Division (ERD) data showed.The repayment was the highest in Bangladesh's history. In the previous FY24, the...

Chief Adviser Professor Muhammad Yunus presides over a review meeting on law-and-order situation

Chief Adviser Professor Muhammad Yunus presides over a review meeting on law-and-order situation and the preparations of law-enforcement agencies ahead of national election, held at the State Guest House Jamuna in Dhaka on Monday. — PID

Probe body formed over fire alarm during NCC meet

The foreign ministry has formed a five-member committee to probe the sudden fire alarm signaled during a meeting between political parties and the National Consensus Commission at the Foreign Service Academy.The fire-safety system installed at the academy was activated at approximately 12:20 pm on Monday, according to a statement from...

US stake in BD's political transition not true

Scholars, diplomats and business leaders gathered at North South University (NSU) on Monday to take stock of the evolving contours of US-Bangladesh relations in the aftermath of the July-August 2024 political transition, amid renewed dialogue on trade, security, academic cooperation and regional geopolitics.The seminar, titled "The Significance of the July...

BAF says base in Dhaka 'indispensable' for national air defence

The Bangladesh Air Force has defended the presence of a fighter-jet base in Dhaka, saying it is essential for the country's air defence and in line with strategic and operational requirements typical of capital cities around the world, reports bdnews24.com.The comment follows mounting public scrutiny after an Air Force F-7BGI...

US tariffs could deepen inequality in global RMG, warns AFWA

The Asia Floor Wage Alliance (AFWA), a coalition of trade unions representing garment workers across Asia, has condemned the recent imposition of US tariffs on apparel imports, warning that the move could trigger a humanitarian crisis and exacerbate inequality in the global garment industry.In a statement issued on Monday, the...

BNP walks out of discussion with NCC

Disagreements among the political parties over appointments to the constitutional bodies, including Public Service Commission (PSC) and Anti- Corruption Commission (ACC), heated up the National Consensus Commission's (NCC) discussion on Monday.The political parties took completely opposite positions on the selection process on the 20th day of the discussion with the...

Home loan growth slows in FY24, reaches Tk 1.28t

The growth in outstanding housing loans in Bangladesh dropped to 7.51 per cent in FY24, down from 12.61 per cent in the previous fiscal year, reflecting a slowdown in credit expansion, according to Bangladesh Bank data.However, the total volume of housing loans reached Tk 1.283 trillion in FY24, driven largely...