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

BD clears all dues to Adani Power

Bangladesh has cleared all outstanding dues to India's Adani Power, making a one-time payment of $437 million in June for electricity imports.Officials familiar with the matter told UNB that the payment covers all receivables owed to Adani Power up to March 31 of this year.Bangladesh Bank officials said Adani Power's...

Passengers can bring one new mobile phone without duty

All incoming passengers will be allowed to bring one new mobile phone in a year without paying any duty as the National Board of Revenue (NBR) has issued new baggage rules, reports UNB.Besides, expatriate Bangladeshis who hold BMET cards issued by the Bureau of Manpower, Employment and Training (BMET) and...

FBCCI election deferred

The Ministry of Commerce has deferred the election to the Board of Directors of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the 2025-26 and 2026-27 terms by another 45 days, reports BSS.In line with that timeframe, the FBCCI election board will announce a fresh election schedule...

BRAC Bank to provide cash management solutions to Walton Digi-Tech

BRAC Bank has partnered with Walton Digi-Tech, a leading electrical and electronics manufacturer in Bangladesh, to provide advanced cash management solutions.The collaboration aims to streamline Walton's working capital and enhance financial operations, says a statement.BRAC Bank will offer a customised digital payment solution that enables Walton to initiate transactions directly...

Summit Meghnaghat I & II Power Cos get new MD

Summit Group has appointed Md Reaz Uddin as the Managing Director and Chief Executive Officer (CEO) of Summit Meghnaghat I Power Company Limited and Summit Meghnaghat II Power Company Limited, says a statement. Summit Meghnaghat I is a joint venture between Taiyo Life Insurance (Japan), JERA (Japan) and Summit, while...

Four commercial ships arrive at Mongla Port

KHULNA, July 2 (BSS): Mongla Port saw the simultaneous docking of four foreign commercial ships Tuesday night, the first day of the 2025-26 fiscal year, carrying huge imported goods.Md Makruzzaman, deputy director of Public Relations of Mongla Port Authority (MPA), confirmed the arrivals.The Singapore-flagged Kota Restu ship docked at Jetty...

Al-Arafah Islami Bank Awards Remittance Campaign Winners

Al-Arafah Islami Bank organised a prize-giving ceremony as part of its Eid-ul-Azha Remittance Campaign 2025 to encourage remittance inflow through legal channels. The ceremony was held at the bank's head office in Dhaka on Wednesday. Managing Director (Current Charge) of the bank Mohd. Rafat Ullah Khan attended the event as...

Bengal Commercial Bank holds 5th Annual General Meeting

Bengal Commercial Bank held its 5th Annual General Meeting (AGM) at a hotel in Dhaka recently. Md Jashim Uddin, Chairman of the Board of Directors of the bank and President of SAARC Chamber of Commerce & Industry (SCCI), presided over the meeting. Engr Ghulam Mohammed Alomgir, Vice Chairman of the...

NRBC Bank Holds Audit Committee Meeting

The 62nd meeting of the Audit Committee of the Board of Directors of NRBC Bank PLC was held at the bank's head office in Dhaka on Tuesday. Muhammad Emdad Ullah, Independent Director and Chairman of the Audit Committee, presided over the meeting. Independent Directors Md. Anwar Hossain and Md. Nurul...

Trump threatens Japan with up to 35pc tariff ahead of deadline

WASHINGTON, July 2 (AFP): US President Donald Trump said Tuesday a trade deal with Japan was unlikely before the July 9 deadline, threatening to raise tariffs on Japanese imports to 30 or 35 percent.Speaking to reporters aboard Air Force One, Trump criticized Japan's reluctance to accept imports of US rice,...