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

Telcos urge NBR to cut telecom tax

Mobile network operators in Bangladesh have urged the National Board of Revenue (NBR) to reconsider the high tax burden on the telecommunication sector, noting that continuous tax hikes have led to a significant decline in mobile and internet users.During a pre-budget meeting with NBR officials on Wednesday, the Association of...

Low egg price during Ramadan means losses for farmers

While consumers are happy with the low price of eggs, layer farmers are making losses. Farmers are selling eggs to traders at Tk 8 per egg (or less), at a loss of roughly Tk 2 per egg. After changing hands, these eggs are being sold by retailers at about Tk...

BRAC Bank to provide financial assistance to 300 CU female students

BRAC Bank has expanded its 'Aporajeyo TARA' scholarships programme to provide financial assistance among 300 female students from the Faculty of Business Administration and the Faculty of Arts and Humanities at the University of Chittagong (CU), says a press release.In this connection, a partnership deal was signed on the CU...

Ctg customs revenue up 11pc in eight months of FY25

CHATTOGRAM, Mar 19 (UNB) - Despite political instability, Chattogram Customs House, the country's largest customs station, has collected Tk 482.71 billion (48,271 crore) in revenue in eight months of the fiscal year 24-25, showing a significant increase of 11 % compared to the revenue collected during the same period in...

Govt intervention drops air ticket fares by 75pc: ATAB

Air ticket prices, particularly for flights to various destinations in Saudi Arabia, have fallen by nearly 75 percent following the government's intervention and the implementation of stricter regulations, according to the Association of Travel Agents of Bangladesh (ATAB), reports BSS.Between December and February, passengers were forced to pay exorbitant fares...

Troubled banks seek liquidity support

Several financially strained banks have sought additional liquidity support from Bangladesh Bank to meet the surge in cash withdrawals ahead of Eid-ul-Fitr, reports UNB.According to central bank sources, at least six banks have requested for Tk 50 billion (5,000 crore) in liquidity assistance to cope with the increased demand. But...

Al-Arafah Islami Bank holds 419th board meeting

The 419th board meeting of Al-Arafah Islami Bank PLC was held on Wednesday. Chairman of the bank Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were taken at the meeting. Directors of the bank Md Shahin Ul Islam, Md...