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

Govt to extend full support to modernise army: PM

BARISHAL, July 13 (UNB): Prime Minister Tarique Rahman on Monday expressed confidence that the Bangladesh Army will earn greater international recognition, prestige and professional distinction in the years ahead, pledging the government's full support for enhancing its capabilities and accelerating its modernisation."I believe the Bangladesh Army will earn greater international...

LDCs urge global action on finance, debt, climate, trade, technology

The Group of Least-Developed Countries has urged the international community to take urgent action on five priority areas-concessional finance, debt relief, climate finance, market access and technology transfer-to help the world's poorest nations achieve the Sustainable Development Goals (SDGs) and ensure smooth LDC graduation.Presenting the LDC Group's priorities at the...

Exports to Latin America surge 29pc in 4 yrs

Bangladesh's strategic pivot toward non-traditional markets has hit a major milestone as its year-on-year exports to Latin American nations are increasing significantly.Rising imports by Brazil and Chile have helped Bangladesh make a strong foothold in the South American market, analysts say.Merchandise shipments to Latin America, especially ready-made garment (RMG), saw...

BD to observe half-day state mourning on Thursday

Bangladesh will observe a half-day state mourning on Thursday following the death of former Qatari emir Sheikh Hamad bin Khalifa Al Thani.Local Government Minister Mirza Fakhrul Islam Alamgir announced the decision after signing the condolence book at the Qatar Embassy in Dhaka on Monday, reports bdnews24.com."As part of expressing condolences...

BB relaxes rules for DPA enterprises in EZs

The central bank has relaxed its foreign exchange policy for industrial enterprises operating in the Domestic Processing Areas (DPAs) of Economic Zones (EZs).With the relaxation, authorised dealer (AD) banks have been allowed to process outward remittances for royalty, technical know-how and technical assistance fees beyond the existing ceiling, subject to...

BD mulling policy incentives in ICT sector: Minister

Bangladesh is considering a competitive tax regime and other policy incentives to attract South Korean investment in the information and communication technology (ICT) sector and smart device manufacturing, says Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam."The government is working to make the country more attractive for foreign investment...

Typhoid vaccine to be added from August

The health authorities have included single-dose typhoid vaccine in the routine immunisation programme from August this year for children aged up to 15 months, said an official order on Monday."The Typhoid Conjugate Vaccine (TCV) will be administered across the country from August first. We have issued directives to all Upazila...