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

Diversify exports towards Asian markets to offset US tariff risks: Experts

FE ReportBangladesh should shift its export focus to the Asian markets-especially China and India-to grab duty-free benefits and offset the risk of possible decline in exports due to the new US tariff regime rather than being overdependent on the US market, economists said.They also called for composed diplomacy suggesting that...

Govt asks Sonali Bank to return extra bonuses paid to staff

SYFUL ISLAMThe state-run Sonali Bank paid five incentive bonuses, instead of three, to its employees for 2023 violating the government rules, the Bangladesh Bank (BB) has found.The government has thus asked the bank to return the money equivalent to two incentive bonuses by realising that from the employees, officials have...

Hajj flights to start from April 29

The Hajj flights from Bangladesh to Saudi Arabia will start from April 29, as the pilgrims' visa processing process will be completed within a few days. Religious Affairs Adviser Dr A F M Khalid Hossain said this at a press conference at the Secretariat in the capital on Tuesday, reports...

TCB seeks 47,544 tonnes of rice for families with smart card

FE REPORTThe state-run Trading Corporation of Bangladesh (TCB) sought allocation of 47,544 tonnes of rice to sell among 4.75 million smart card holder families at a subsidised price in April, sources said.The government has been selling some key essential items, including edible oil, lentil, sugar, etc, among the 10 million...

Travel ban on ex-NBR chief Najibur

FE REPORTA Dhaka court on Tuesday issued a travel ban on Md Najibur Rahman, former chairman of the National Board of Revenue (NBR), his wife Nazma Rahman, and their two sons Fuad N A Rahman and Farabi N A Rahman. It also issued the same order for Max Group Chairman...

Mild heat wave sweeps dists---..''

Rain/thunder showers with lightning flashes and temporary gusty wind is likely to occur at few places over Rangpur, Rajshahi, Mymensingh, Dhaka, Khulna, Barishal, Chattogram and Sylhet divisions until 6:00 pm today (Wednesday), according to the Met Office. Mild heat wave is sweeping over the districts of Faridpur, Sirajganj, Feni and...

Electricity, corruption among key investment obstacles in BD

FE ReportAlthough Bangladesh has achieved remarkable progress in economic growth, poverty reduction, and human development over the last two decades, at least five key constraints have affected its investment scenario, a World Bank (WB) Group report said."The top five investment obstacles in the country are electricity supply, access to finance,...