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

DCCI proposes single-digit VAT rate in budget recommendations

The Dhaka Chamber of Commerce & Industry (DCCI) on Tuesday proposed setting the Value Added Tax (VAT) rate at a single-digit level in the national budget for the fiscal year 2025-26, reports UNB.The chamber also recommended a 1% VAT rate for informal sector businesses to enhance transparency, reduce operational costs...

Uttara Motors unveils Full Hybrid Suzuki Grand Vitara SUV

Uttara Motors Limited, the distributor of Suzuki vehicles in Bangladesh, has introduced the Suzuki Grand Vitara Full Hybrid, marking a new era of innovation in the sport utility vehicle (SUV) segment.This cutting-edge SUV was unveiled at a launch event at the Suzuki Car Experience Centre in Uttara Center, Tejgaon, Dhaka,...

bKash offers up to Tk 4,000 discount and cashback

Offers available for buying clothes, shoes, electronics, groceries, e-ticketing, ordering Iftar and Sehri from restaurantsLike previous years, the country's largest MFS provider bKash, has brought up to Tk 4,000 discount and cashback offers for online and offline shopping to make Ramadan and Eid shopping easier, affordable and exciting for the...

Govt to lease Karnaphuli Tunnel Service Area to private sector

Karnaphuli Tunnel Service Area will be leased to private sector to deal with heavy losses the Karnaphuli underwater tunnel and the service area have been incurring daily.The housing facilities in the service area, which surrounds the country's first underwater tunnel, have remained mostly unused since it was made open for...

Govt to set up Ground Mounted Solar PV at NSEZ on PPP basis

The government has approved a proposal in principle for setting up Ground Mounted Solar PV (100-200MW) at National Special Economic Zone Project (NSEZ) on a Public Private Partnership (PPP) basis, reports BSS.The approval came from the 10th meeting of the Advisers Council Committee on Economic Affairs held at the Cabinet...

PRIME BANK PARTNERS WITH MASTUL FOUNDATION FOR CHARITY WORK

Prime Bank PLC, a leading financial institution, has signed a partnership deal with Mastul Foundation recently. Under the agreement, Prime Bank will collect deposits under the 'Sadaqah Jariyah' Account and invest them based on the Mudaraba principle, ensuring ethical and Shariah-compliant financial growth. The accumulated profits will be allocated to...

NRBC Bank inaugurates its Borhanuddin Sub-Branch in Bhola

NRBC Bank inaugurated its Borhanuddin Sub-Branch in Bhola on Tuesday. Md. Hafiz Ibrahim, former Member of Parliament officially inaugurated the Borhanuddin Sub-Branch as the chief guest. The event was presided over by Mohammad Obaidul Haque, former Executive Director of Bangladesh Bank and Principal of Training Institute & CAMLCO of NRBC...

Ukraine buys US LNG

KYIV, March 18 (Reuters): Ukraine has bought 100 million cubic metres of US liquefied natural gas in a deal between state firm Naftogaz and Poland's Orlen, days after Kyiv declared its plan to buy large volumes of US gas this year, Naftogaz said on Tuesday.US President Donald Trump said he...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN DHAKA -

Rupali Bank PLC held a Business Review Meeting 2025 at the bank's head office in the city on Tuesday, with the participation of branch managers under the bank's local office, Dhaka North and Dhaka South divisional offices. Managing Director of the bank Kazi Md. Wahidul Islam was present as the...

Bond investors brace for US slowdown

NEW YORK, March 18 (Reuters): Bond investors are bracing for a US economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal Reserve that is in no rush to resume cutting interest rates.In the run-up to this...