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

Economic strain dims New Year celebrations

Across Bangladesh and among Bengali communities worldwide, the advent of Pahela Baishakh is usually marked by colour, commerce and collective joy. This year around, however, the festival unfolds against a difficult economic backdrop, as soaring prices of essentials and an acute fuel crisis sap both spending power and public sentiment.In...

Interest payments, subsidies, incentives to swallow big pies

Interest payments, subsidies, incentives and cash loans could gobble up big pies of the next budget as the government earmarks over Tk 2.59 trillion on this account and officials predict higher energy costs could bloat the figure. The sum is roughly 27.86 per cent of the national budget worth Tk...

Deadline passes for US blockade of Iran's ports

WASHINGTON/DUBAI, April 13 (Reuters): The deadline passed on Monday for the start of a US military blockade of ships leaving Iran's ports, and Tehran threatened to retaliate against ports of its Gulf neighbours after weekend talks on ending the war broke down.Oil prices climbed over $100 per barrel, with no...

Cabinet body formed to suggest power tariff adjustment

The government has constituted a six-member high-level cabinet committee to recommend necessary adjustments to electricity tariffs at both wholesale and retail levels amid the ongoing Middle East crisis, volatile global oil prices and rising power-generation costs.Headed by the finance minister, the committee includes the minister for the Ministry of Power,...

Govt catapults revenue target to Tk 6.95t to achieve lofty ends

An elevated target of collecting Tk 6.95 trillion as revenue has been set for the upcoming fiscal year to achieve new government's lofty budgetary ends like enhancing GDP growth, taming wayward inflation and advancing the economy towards a trillion-dollar mark. The total sum of revenue for financial year 2026-27 is...

PM to launch pre-pilot of 'Farmer Card' distribution today

Prime Minister Tarique Rahman will inaugurate the 'Farmer Card' distribution in 11 upazilas of 10 districts across the country under the pre-piloting phase today (Tuesday) as part of the implementation of ruling BNP's election pledges.According to the Prime Minister's Office (PMO) sources, the premier will officially launch the programme at...

Guarantee period for SPM project expires before its run

Guarantee period to resolve faults in operation of Bangladesh's maiden single-point mooring (SPM) expires much ahead of its operation in piping fuels from outer-anchorage vessels into onshore storage tanks.Non-commissioning of the SPM in due time and the expiry of the guarantee mean the government will have to spend huge sums...

New provision to help rehabilitate bank looters: TIB

Criticising the newly-enacted Bank Resolution Act 2026, the Transparency International Bangladesh (TIB) says the initiative will rehabilitate bank looters.As a result, the banking sector is likely to once again turn into a haven for corruption and plunder, which will be self-defeating, it says. The local chapter of the Berlin-based anti-graft...

A vendor carries halkhata (new ledger books) for sale

A vendor carries halkhata (new ledger books) for sale in the capital's Dilkusha area on Monday ahead of Pahela Baishakh. Businesses traditionally open new ledgers to mark the Bangla New Year, which is being celebrated today. — FE Photo by Shafiqul Alam