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

BTMA seeks retention of 30pc value-addition rule

FE REPORTThe Bangladesh Textile Mills Association (BTMA) on Saturday urged the government to retain the existing 30 per cent value-addition requirement for the country's readymade garment (RMG) sector, opposing a budget proposal to withdraw the condition for importing raw materials against bank guarantees."If the existing 30 per cent value-addition condition...

PM's Malaysia visit may advance FTA, labour cooperation

The upcoming visit of Prime Minister Tarique Rahman to Malaysia is expected to mark a "significant milestone" in Bangladesh-Malaysia relations, with labour cooperation, trade expansion and investment taking centre stage.Such is a preview expressed by Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) President Md Anwar Shahid ahead of the premier's...

BARVIDA seeks rollback of tax hike on reconditioned cars

FE REPORTThe Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has demanded withdrawal of the proposed tax increase on mid-range fossil-fuel-powered reconditioned cars in the national budget for fiscal year 2026-27.Warning that the move would significantly increase vehicle prices, reduce affordability for consumers, and ultimately lead to a decline in...

BGMEA's 43rd AGM vows united efforts to tackle RMG sector challenges

The 43rd Annual General Meeting (AGM) of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held on Saturday at the BGMEA Complex in Uttara, with industry leaders reaffirming their commitment to collective efforts to address the challenges facing the country's ready-made garment (RMG) sector, reports BSS.The meeting was presided...

Gold prices drop by Tk 2,216 per bhori

The prices of gold in the country have been reduced by Tk 2,216 per bhori (11.664 grams), bringing the rate of 22-carat gold down to Tk 226,340, including value added tax (VAT).Bangladesh Jewellers Association (BAJUS) Standing Committee on Pricing and Price Monitoring took the decision at a meeting on Saturday...

Rupali Bank opens ATM booth at Officers' Club-

Rupali Bank opens ATM booth at Officers' ClubRupali Bank PLC has inaugurated an ATM booth at the Officers' Club on Bailey Road in the capital on Friday. The booth was inaugurated by Cabinet Secretary and Officers' Club Chairman Dr. Nasimul Gani, and Principal Secretary to the Prime Minister and Officers'...

GPS made mandatory for fitness certificates of public transport

The government has made the installation of Global Positioning System (GPS) mandatory for the issuance and renewal of fitness certificates for public transport in an effort to make the country's road transport system safer, more modern, and technology-driven, reports BSS.The new rule will be applicable for all types of public...

Food grain stocks in country exceed 2.0m tonnes

The government food grain reserves remain at a satisfactory level, helping ensure the country's food security, reports BSS.According to Directorate General of Food's daily report on the food grain situation on June 17, the total government stock of food grains in the country, including floating stocks, has reached 2,060,507 tonnes.The...