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

Govt prioritises local producers over importers: NBR chief

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Thursday categorically said the government is firmly committed to supporting local producers rather than offering incentives to commercial importers."In principle, we have said there shall be a duty gap between our manufacturers and commercial importers," he said while speaking...

BTRC urges users to comply with guidelines or face legal actions

The Bangladesh Telecommunication Regulatory Commission (BTRC) has issued a special directive urging heightened vigilance in the use of radio communication devices such as walkie-talkies and repeaters under Private Mobile Radio (PMR) and Short Breaking Radio (SBR) systems.In the directive, signed by Director of the Spectrum Division Dr. Sohel Rana, it...

Germany to provide €52.5m for climate project

Germany will provide Euro 52.5 million (approximately Tk 7.24 billion) to Bangladesh for a climate change adaptation project.A financial agreement in this regard was signed between the governments of Bangladesh and Germany at Economic Relations Division (ERD) on Wednesday, a statement said. ERD Secretary Md Shahriar Kader Siddiky and German...

Int'l Diagnostic Medical Equipment Expo kicks off

The three-day Dhaka International Diagnostic Medical Equipment Expo-2025 kicked off on Thursday in the city with the aim of promoting advanced health technology and attracting local and foreign investment in the health sector.Eco Expo jointly with the Bangladesh Private Hospital, Clinic, Diagnostic Owners Association (BPHCDOA) organised the fair at the...

Yarn importers with prior LCs can use land ports

Importers who opened or amended letters of credit (LCs) for yarn on or before April 13 will be allowed to bring in cotton through land ports, the National Board of Revenue (NBR) said on Thursday.The clarification comes in response to confusion surrounding the recent government ban on yarn imports through...

Hyundai to suspend EV production in S Korea

SEOUL, Apr 17 (Reuters): Hyundai Motor plans to temporarily suspend production of some of its electric vehicles (EVs) in South Korea due to slow demand and US tariffs, Yonhap news agency reported on Thursday, citing unnamed industry sources.The South Korean automaker is expected to halt operations on some production lines...

Meet Bangladesh Expo begins Apr 24

The two-day Meet Bangladesh Exposition (MBX), showcasing Bangladesh's potential export sectors -- Medical and Personal Protective Equipment (MPPE), Leather and Leather Goods, Footwear, Plastics, and Light Engineering -- will begin on April 24.The exposition will be held at the International Convention City Bashundhara (ICCB) in Dhaka as part of the...

Al-Arafah Islami Bank Presents Chairman's Award to best officers

Al-Arafah Islami Bank, one of the leading Sharia-based banks in the country, has presented the Chairman's Award to the best officers in deposit collection. As the chief guest, Chairman of the bank Khwaja Shahriar gave away crests, certificates and cash incentives to the best 24 officers in 8 categories at...

IBTRA inaugurates internship programme -

Islami Bank Training and Research Academy (IBTRA) inaugurated an Internship Programme on Tuesday. Md. Omar Faruk Khan, managing director (current charge) of the bank, was present as the chief guest. K.M. Munirul Alam Al-Mamoon, deputy managing director & director general of IBTRA, presided over the event while Md. Mizanur Rahman...