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

Why RMG sector still pays less tax

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan has raised concerns over the continued tax benefits enjoyed by the ready-made garment (RMG) sector, questioning why it still pays reduced taxes even after 50 years while most other industries adhere to the standard rate.Addressing a pre-budget meeting at the...

A Jamdani artisan's tale of passion and perseverance in Chandpur

Chandpur, Mar 20 (UNB) - In the quiet corners of Bangladesh's rich heritage, where artistry meets tradition, the ethereal beauty of Jamdani sarees continues to enchant generations.A delicate interplay of threads weaves not just fabric, but stories-of dedication, craftsmanship and an undying love for heritage.Among these silent storytellers stands Roni...

Jewellery shops see Eid sales decline

Jewellery sales have taken a hit this Eid as soaring gold prices make ornaments less affordable for many buyers, reports UNB.The Bangladesh Jewellers Association (Bajus) recently raised gold prices to a record high, with the latest hike coming last Thursday.A year ago, a 22-carat gold bar cost Tk 111 thousand...

Remittance inflow up 78.4pc in first 19 days of March

Remittance inflow witnessed a remarkable year-on-year growth of a massive 78.4 percent to US$2,252 million in the first 19 days of the ongoing March, reports BSS.According to the Bangladesh Bank (BB) latest data, the country logged a total of $1,262 million during the same period of the last year.Expatriates sent...

Banks instructed to pay March salaries by 23rd

Bangladesh Bank has directed all banks to ensure the disbursement of salaries and allowances for March 2025 by 23 March, reports UNB.The instruction also includes the payment of retirement allowances for pensioners.As per the official calendar, Eid-ul-Fitr is expected to be observed on March 31, 2025, subject to moon sighting.The...

Chinese tariffs on Canadian agricultural products kick in

BEIJING, March 20 (AFP): Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a "devastating impact" on farmers.The tariffs -- announced this month -- follow a Beijing probe into levies imposed by Ottawa on Chinese...

Copper jumps above $10,000

LONDON, Mar 20 (AFP): The price of copper reached a five-month high above $10,000 a tonne Thursday as US companies stock up on the metal targeted by US President Donald Trump's tariffs.Copper-a vital component for energy storage, electric vehicles, solar panels and wind turbines-reached $10,046.50, the highest level since October.

Shahjalal Islami Bank holds 392nd Board Meeting

The 392nd meeting of the board of directors of Shahjalal Islami Bank PLC was held at its corporate head office in the city on Wednesday. Chairman of the bank A. K. Azad presided over the meeting. The board approved a number of investment proposals. Shahjalal Islami Bank Vice-Chairmen Mohammed Younus...

Leaders of the Switzerland-Bangladesh Chamber of Commerce and Industry

Leaders of the Switzerland-Bangladesh Chamber of Commerce and Industry in a photo session after the 13th AGM of the chamber in the city recently.

Islami Bank holds Shari'ah Supervisory meeting ----

A meeting of the Shari'ah Supervisory Committee of Islami Bank Bangladesh PLC was held at Islami Bank Tower Thursday. Mufti Sayeed Ahmad, chairman of the committee, presided over the meeting. Prof Dr Abu Bakr Rafique, vice chairman, and Prof Dr Mohammad Abdus Samad, member secretary of the committee, along with...