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

BD trade with China heavily imbalanced

Bangladesh's foreign trade with China is heavily imbalanced as the country's export to the East-Asian nation has declined in recent years, official data shows.Bangladesh exported goods worth only US$715.379 million to China in the last fiscal year (FY) 2023-24 while it imported products worth $16.64 billion in the same period,...

Chief Adviser Dr Muhammad Yunus in a photo session

Chief Adviser Dr Muhammad Yunus in a photo session with Chinese business leaders at The Presidential Beijing Hotel in China on Friday. —PID

BGMEA announces completion of RMG workers' payments

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has announced the completion of wage and allowance payments for workers in the ready-made garment (RMG) sector ahead of Eid-ul-Fitr, reports BSS.Following BGMEA's request, the government took advance measures, instructing banks to release incentive funds, said a BGMEA press release issued on Thursday...

Financial Literacy Week observed at Prime Bank's Cumilla branch

Prime Bank PLC successfully observed Financial Literacy Week at its Cumilla branch with a discussion recently at the branch, says a press release.Approximately 150 participants, including common people, farmers, laborers, street vendors, security personnel, small business owners, students, teachers, and individuals from low-income communities, attended the session. Prime Bank's Head...

Trade bodies to run democratically: Bashir

Commerce Adviser Sk. Bashir Uddin has said the government wants to run the trade organizations completely under democratic system. In view of this, he said, fresh moves are underway for framing rules under the Trade Organizations Act, reports BSS. "The government want to make the election process of the representatives...

Walton launches 13 new models of Hybrid Solar Solutions

The country's leading technology product brand Walton has released 13 new models of Hybrid Solar Solutions that ensure environment-friendly, renewable and affordable power supply. These Walton Hybrid Solar Solutions save electricity cost and provide uninterrupted power backup for a long time, says the company in a statement.Coming under 'arc' brand...

Network trouble heightens in CHT

Mobile network disruptions have intensified in several areas of the Chittagong Hill Tract (CHT) region, as criminal gangs continue to target mobile towers in acts of sabotage.Over the past three months, nearly 50 towers have been shut after power supplies were cut and fibre-optic cables severed in attacks, primarily targeting...

Global automakers say Trump's tariffs will be painful for them, US consumers

FRANKFURT, Germany, Mar 28 (AP): Whatever the U.S. gains from President Donald Trump's 25% tax on imported cars - and experts are skeptical - automakers around the world are bracing for a lot of pain.In Japan, South Korea, Mexico, Canada and across Europe, automakers employ millions of people whose livelihoods...