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

SMEs’ share in GDP 35pc by 2030 in focus

Industries ministry has initiated framing the National SME Policy 2025, aiming to boost the contribution of small and medium enterprises (SMEs) to GDP to 35 per cent by 2030 from the current 27 per cent.The 2019 policy is the last such guideline for the SME sector.The implementation of the latest...

NCC Bank workshop on "Cluster Financing"

NCC Bank as a lead bank organised a daylong workshop on "Cluster Financing" recently at Dinajpur. Md. Rafiqul Islam, Executive Director of Rangpur office of Bangladesh Bank, inaugurated the workshop as chief guest while Md. Zakir Anam, Deputy Managing Director of NCC Bank was present as special guest. Md. Shafiqul...

Walton small appliance network holds 'Partners summit-2025'

With the slogan of 'Redefining Future Together', the small appliance network of Walton has arranged a conference titled 'Partners Summit-2025' at Walton Hi-Tech Park in Chandra, Gazipur. Over one thousand business partners of small appliance networks, sales executives, officials and the company's board members attended the conference, says a press...

Sweets makers seek 5.0pc VAT

Local sweets makers have sought withdrawal of the proposed 10 per cent value-added tax (VAT) on the sale of sweets items in the greater interest of the sector.They have suggested imposition of 5.0-per cent VAT instead of 10 per cent.The Bangladesh Sweet Manufacturers Association (BSMA) has recently requested the finance...

Abdur Rahman joins RAKUB as DMD

Kazi Abdur Rahman has joined Rajshahi Krishi Unnayan Bank (RAKUB) as Deputy Managing Director (DMD).Financial Institutions Division under the Finance Ministry issued a circular in this regard recently, says a press release. He earlier served in the same position (DMD) at Agrani Bank PLC, Rupali Bank PLC and Rajshahi Krishi...

BRAC Bank enhances banking experience for Bastob employees

BRAC Bank has partnered with Bastob, a non-profit, voluntary development organisation, to provide exclusive Employee Banking (EB) services, says a press release.Bastob officials will enjoy a convenient and delightful banking experience, including salary accounts, multi-currency debit cards, credit cards, loan facilities, Deposit Pension Schemes (DPS), Fixed Deposits (FD), and an...

Shyamoli Branch of Social Islami Bank holds Client Get-together

Shyamoli Branch of Social Islami Bank PLC organised a Client Get-together on Tuesday with Md. Nazmus Saadat, Managing Director (Acting) of the bank present as chief guest. Md. Salim Ullah, Manager of Shyamoli Branch presided over the event.

MoFA wants missions abroad to work out strategies

The Ministry of Foreign Affairs(MoFA) has underscored the role of Bangladesh's missions abroad in designing sustainable economic strategies and addressing critical challenges in market diversification, attracting foreign direct investment (FDI) and leveraging technology and connectivity, reports UNB.The MoFA and Bangladesh Investment Development Authority (BIDA) jointly launched the virtual session of...

EU 'in for tariffs', says Trump

WASHINGTON, Jan 22 (AFP): US President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10 percent duty on Chinese imports could also come as soon as February 1.Trump, who was speaking to reporters at the White House a day after being sworn in, cited...