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

Local lub blenders for raising duty on finished lubricants

The Bangladesh Lub Blenders Association (BLBA) has requested the government to raise import duties on finished lubricants and enforce stricter valuation mechanisms in the upcoming FY27 budget, aiming to shield the domestic industry from misdeclaration and uneven competition.In a proposal submitted to the Ministry of Finance, the association sought policy...

Prof Yunus accorded reception

Grameen Bank has arranged a reception at its head office in Mirpur, Dhaka, to celebrate 50 years of the bank and 20 years of its Nobel Prize, honouring its founder and Nobel Laureate, Professor Muhammad Yunus.Former and current officials and employees of the bank, along with people associated at various...

NASSA Mainland resumes operations tomorrow

NASSA Mainland Garments will resume its operations tomorrow (Wednesday) and pay March wages on April 12. The decision came at an emergency meeting headed by Labour and Employment Minister Ariful Haque Choudhury at his secretariat office in the city on Monday a day after workers' road blockade, meeting sources said.The...

Shipbreaking workers to get social protection under new EIS pilot

Workers in the country's ship-breaking industry are set to receive social protection under a new Employment Injury Scheme (EIS) pilot launched recently.Earlier, in June 2022, the EIS was introduced on a pilot basis in Bangladesh's export-oriented readymade garment industry, providing lifelong payouts to injured workers and to the families of...

Govt eyes Boeing aircraft leasing to boost Biman capacity

The government has expressed interest in leasing aircraft from Boeing as part of efforts to expand and modernise the state-owned Biman Bangladesh Airlines.The interest was formally conveyed during a meeting between Civil Aviation and Tourism Minister Afroza Khanam and Boeing Vice President Paul Righi at the secretariat on Monday. State...

BAJUS lowers gold rates after recent surge

The price of gold in Bangladesh has been reduced by Tk 2,158 per bhori, with the new rate for 22-carat gold set at Tk 245,819, the Bangladesh Jewellers Association (BAJUS) announced on Monday, reports UNB.Under the new rates, 21-carat gold has been fixed at Tk 234,621 per bhori (11.664 grams),...

Agent banking meeting of Al-Arafah Islami Bank held in Cox's Bazar

Al-Arafah Islami Bank PLC, one of the leading Shariah-based banks in the country, organised a view-exchange and courtyard meeting with agents, branch managers, and outlet managers of Cox's Bazar district. Deputy Managing Director Mohammad Aminul Islam Bhuiyan attended the programme as the chief guest, while Mohammad Momtazul Haque, Vice President...

WB Country Director visits IDCOL-financed rooftop solar project at GPH Ispat

Country Director of the World Bank, Jean Pesme, along with a senior management team from the World Bank Bangladesh office, visited the 6.05 MWp rooftop solar project of GPH Ispat Ltd on Saturday. The project, one of the largest rooftop solar installations in Bangladesh's industrial sector, has been financed by...