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

Biman building ground-handling capacity

Biman Bangladesh Airlines, the lone national flag carrier of the country, is strengthening its capacity for ground handling at the third terminal of the Hazrat Shahjalal International Airport.Dr Md Shafiqur Rahman, managing director and CEO of Biman, said Biman was buying new equipment, and hiring and training fresh manpower to...

BAPA urges revenue board to reconsider decision

The Bangladesh Agro-Processors Association (BAPA) Thursday urged the National Board of Revenue (NBR) to reconsider the decision to increase VAT on processed food. The government has already withdrawn the increased VAT and duties imposed on mobile services, internet, and restaurants. "Now, we expect a similar decision for processed food," Pran-RFL...

'Bangladesh Remittance Fair' to be held in NY April 19-20

Two-day '4th Bangladesh Remittance Fair 2025' will be held in New York on April 19-20 to increase remittance flow from the USA to Bangladesh, reports BSS.Bangladesh-USA Chamber of Commerce and Industry (BUCCI) and USA-Bangladesh Business Links will jointly organise the fair at Jackson Heights in New York, USA, said a...

Portugal to assign more land for affordable housing as prices soar

LISBON (Reuters): Portugal's parliament on Friday approved a bill allowing rural land to be more easily reclassified for urban use and allocated to affordable housing, one of the government's key proposals to curb a worsening housing crisis.The bill, opposed by environmental groups, gives municipalities the power to decide on such...

Preparations continue for the Ekushey Book Fair

Preparations continue at Suhrawardy Udyan in the capital on Friday for the Ekushey Book Fair beginning on February 1. — FE photo

Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

ROME, Jan 24 (AP): Italian bank Monte dei Paschi di Siena announced Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for larger peer Mediobanca in a surprise move that could reshape the country's banking sector.The offer values shares in investment bank Mediobanca at 15.99 euros each,...