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

Economists urge FTA talks with US to safeguard $8.0b exports

Bangladesh needs to pursue a strong, evidence-based negotiation and proactively initiate a Free Trade Agreement (FTA) with the US in response to President Donald Trump's declaration of higher tariffs, to safeguard its $8 billion export market in the country.Additionally, comprehensive policy measures are needed to boost export earnings from the...

Jul-Mar ADP execution rate hits 12-year low

The development expenditure recorded a 12-year low in the first nine months of the current fiscal year (FY 2024-25), thanks to strict monitoring and dropping many big projects and cutting segments of some ongoing ones. The government ministries and agencies spent only Tk 828.94 billion or 36.65 per cent of...

Korea now offers Tk 449.23m maintenance grant

Bangladesh Railway (BR) is struggling with 30 substandard class 3000 locomotives imported from Korea, with nearly half of them often out of service due to technical issues and a shortage of spare parts.To address the ongoing faulty locomotive maintenance crisis, the Korean government is set to implement a grant-funded project...

Govt to import more from US to minimise trade gap

Finance Adviser Dr Salehuddin Ahmed said that the government would continue to put emphasis on minimizing the existing trade gap between the USA and Bangladesh in the wake of the US reciprocal tariff issue."We'll try to minimize the trade gap further with the USA so that we can continue our...

Court freezes 1,360 bank accounts of S Alam affiliates

A Dhaka court on Thursday ordered to freeze a total of 1,360 bank accounts owned by different persons and entities connected to S Alam Group Chairman Mohammad Saiful Alam.These accounts are holding a total of Tk 26.19 billion. Judge of the Metropolitan Senior Special Judge's Court in Dhaka, Md Jakir...

BNP agrees 25, partially another 25 amendments

Constitutional reform move in the interim period progresses Bangladesh Nationalist Party (BNP) has already agreed on 25 and partiallyanother 25 changes says it is "serious" about reforms being proposed. Party Standing Committee Member Salahuddin Ahmed claimed Thursday the former ruling party is serious about the reforms the interim government has...

Saifuzzaman, wife sued

The Anti-Corruption Commission (ACC) has filed a case against former land minister Saifuzzaman Chowdhury, his wife and former United Commercial Bank (UCB) chairperson Rukhmila Zaman, and 21 others for allegedly embezzling Tk 200m using a fake company, reports bdnews24.com.ACC Director General Akhtar Hossain confirmed the development to journalists on Thursday....

Dhaka urges Delhi to take steps to fully protect minority Muslims

Chief Adviser's Press Secretary Shafiqul Alam on Thursday said the interim government strongly protested India's attempts to involve Bangladesh in communal violence in Murshidabad, West Bengal, and urged the neighboring country to take steps to 'fully protect' the minority Muslim population there."We strongly refute any attempts to implicate Bangladesh in...

Probe report on BB reserve heist case on May 18

A Dhaka court on Thursday set May 18 as the new deadline for submitting the probe report in the Bangladesh Bank reserve heist case of 2016, reports BSS.Dhaka Additional Chief Metropolitan Magistrate Wahiduzzaman set the date as the investigation agency Criminal Investigation Department (CID), failed to submit the report on...