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

Merchandise export earnings see double-digit growth in May

The country's single-month merchandise-export earnings in May 2025 witnessed a double-digit growth of 11.45 per cent year on year to fetch US$4.73 billion due to the sustained performance of ready-made garment industry.Bangladesh earned $4.25 billion in May 2024, according to the Export Promotion Bureau (EPB) data released on Tuesday.Earnings from...

LNG re-gasification hits record high at 1,050 mmcfd

Bangladesh's liquefied natural gas (LNG) re-gasification reached its highest level ever on Monday as the regular berthing of LNG tankers to the floating storage and regasification units (FSRUs) resumed, following last week's rough weather in the Bay of Bengal.The country's LNG re-gasification surged to 1,050 million cubic feet per day...

Govt employees, pensioners to get special incentives from July

Government employees and pensioners will receive a special incentive ranging between 10 per cent and 15 per cent, effective from July this year, says a finance ministry notification.It said that employees in Grades 1 to 9 will enjoy a 10 per cent hike on their basic pay every year. On...

High-level body to be formed for review

The government is going to form a high-level committee to review the recently promulgated Government Service (Amendment) Ordinance, 2025 due to widespread objections from government employees, reports UNB.Law Adviser Asif Nazrul made the announcement while speaking to reporters after receiving a memorandum from leaders of the Secretariat Officers and Employees...

Eid cattle trade begins in Dhaka city

The official sale of sacrificial animals commenced in the capital from Tuesday, ahead of Eid-ul-Azha which will be celebrated nationwide on June 7.In line with tradition, temporary cattle markets-locally known as haats-began operating four days before the festival.This year, a total of 19 cattle markets, including both permanent and makeshift...

FY 25-26 budget reactions

Execution challenging, say trade bodies

The proposed national budget for the fiscal year 2025-26 has been met with cautious approval by leading trade bodies, who praised its intent but flagged serious concerns about its implementation.While acknowledging the Finance Adviser's effort to address inflation, unemployment, and investment stagnation, the business groups said the budget lacks a...

Ctg chamber says budget to protect local industries

CHITTAGONG, June 03: The Chittagong Chamber of Commerce and Industry (CCCI) welcomed the budget for fiscal year 2025-26 and termed it as a pro-people and business-friendly one. The CCCI mentioned that the new budget will reduce the sufferings of people by controlling price hikes.CCCI administrator Muhammad Anwar Pasha said, "To...

Highly ambitious budget's implementation to be difficult

The proposed national budget for the fiscal year 2025-26 has been termed highly ambitious by panellists at a post-budget discussion, who said its implementation will be difficult in the current economic and political contexts.Speaking at the discussion styled "Reflection, response and the road ahead: National budget FY 2025-26" and organised...

Intermediary entities add little to no value

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has said that multiple intermediary entities in the telecom sector add little to no value to the core objective of seamless connectivity and have instead inflated costs and stifled innovation.The entities include international gateways (IGWs), international internet gateways (IIGs), interconnection exchanges...

Biman eyes 30pc rise in cargo handling this year

Biman Bangladesh Airlines, the sole ground handler at the country's airports, eyes a 30-percent rise in its handling of both domestic and international cargoes to reach 0.434 million tonnes this year.Biman handled 0.334 million metric tons of international and domestic cargo in 2019, it said in a press release. It...

Jamaat wants local govt polls under caretaker govt

Bangladesh Jamaat-e-Islami on Tuesday proposed that both national and local government elections be held under a non-partisan caretaker government, reports UNB."Our proposal is that both national and local elections must take place under a caretaker government," Jamaat's Nayeb-e-Ameer Dr Syed Abdullah Mohammad Taher told reporters during the lunch break of...

BNP wants polls under 90-day caretaker govt

BNP on Tuesday said it wants only the national election to be held under a non-party caretaker government and supports the 90-day tenure for such a non-party election-time government, reports UNB."Our party does not want local government elections to be held under a caretaker government," BNP Standing Committee member Salahuddin...

Correction 2025-06-04

On pages 21 to 28 in Tuesday’s issue of The Financial Express the ‘Finance Ordinance 2025’ was erroneously mentioned as ‘Finance Bill 2025’. Moreover, the last para under the item number 55 of Chapter-3 of the Finance Ordinance 2025 should actually read as follows: