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

DCCI calls for steps to increase pvt sector credit flow, generate revenue and curb inflation

To ensure an overall business and investment friendly environment in the country, it is essential to raise the credit flow to the double digit level in the private sector, bring good governance and transparency in the financial sector and reduce the interest rate on loans, continue policy support to enhance...

Exim Bank gets Best Rated Bank Award 2024

Exim Bank gets Best Rated Bank Award 2024Exim Bank got the Best Rated Award 2024 based on the strong capital, sound asset quality, efficient management, laudable earnings, sufficient liquidity and sensitivity of the market CAMELS rating. Managing Director (Current Charge) of Exim Bank M Akhter Hossain received the award from...

'Excelerate Hope Hospital' opens in Moheshkhali

Excelerate Energy, in collaboration with the Hope Foundation for Women and Children of Bangladesh, has officially inaugurated the first phase of the Excelerate Hope Hospital in Kutubjom, Moheshkhali of Cox's Bazar. The inauguration ceremony was attended by distinguished guests, including government officials, Excelerate Energy representatives, and Hope Foundation members.The newly...

Govt to implement AVS nationwide by June to prevent fraud

Senior officials from Bangladesh Bank (BB) and the Finance Division have announced that the government will implement the Account Verification System (AVS) nationwide by June to ensure the accuracy of customer accounts as part of its initiative to make government transactions cashless, reports BSS.The system aims to enhance transparency and...

Community Bank signs agreement with PUNAK

Community Bank signs agreement with PUNAKAn agreement was signed between Community Bank Bangladesh PLC and Bangladesh Police Naree Kalyan Samiti-PUNAK regarding preferential credit card offers and services. The agreement was signed at the head office of Community Bank on Thursday. PUNAK President Afroza Helen and Community Bank Managing Director (Current...

Now no extra 5pc VAT on Shwapno products

A directive from the VAT Law and Regulations Division of the National Board of Revenue (NBR) stated that, according to the Value Added Tax and Supplementary Duty (Amendment) Ordinance 2025, the VAT rate at the business level was increased from 5% to 7.5%. This new rate was also applicable to...

BWB-linked units mark higher revenue: Study

Better Work Bangladesh (BWB)-enrolled apparel factories have witnessed higher export volumes and revenues while receiving higher prices than non-participating ones, showcasing the economic benefits of improved compliance.Such apparel units also reported higher wages, timely payments and better job satisfaction, according to a latest report."On average, in the period following enrolment,...