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

Govt extends aromatic rice export deadline by one month

The government has extended the deadline for exporting aromatic rice to international markets by one month, sources said. The Ministry of Commerce (MoC) issued an order on Monday formalising the extension.Earlier, the ministry had permitted the export of 18,150 tonnes of aromatic rice on April 8, 2025, with a shipment...

Trust Bank opens its new branch in Jolshiri Abashon Area

Trust Bank PLC has officially inaugurated its new "Jolshiri branch" at the Jolshiri Abashon Area in Rupganj, Narayanganj.Bank Chairman and Chief of Army Staff General Waker-uz-Zaman was present as the chief guest and inaugurated the newly constructed branch recently. With the opening of this new branch, Trust Bank has marked...

Journey Outdoors becomes 50th company to invest in BEPZA Economic Zone

Journey Outdoors Bangladesh Co. Ltd., a company backed by investors from Singapore and China, has become the 50th company to sign a lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) in order to establish a high-end garment and outdoor products manufacturing industry in the country. This deal marks...

Timor-Leste joins ASEAN

Timor-Leste, Asia's youngest nation, has officially joined the Association of Southeast Asian Nations (ASEAN) as its 11th member, marking a historic step towards deeper regional cooperation and economic integration.The formal accession was celebrated in Kuala Lumpur, where the Timor-Leste flag was raised alongside those of other ASEAN member states -...

Policy support, curbing corruption key to SME growth: Experts

Informal practices, lack of data, and weak coordination among stakeholders are the major challenges hampering the growth of Bangladesh's small and medium-sized enterprises (SMEs), experts said at a session of the Economic Reform Summit on Tuesday.They also emphasised the urgent need to change the mindset of lenders, check corruption in...

Names of BGCCI office-bearers announced

The Bangladesh German Chamber of Commerce & Industry (BGCCI) has announced the names of its new office bearers for 2025-2027 term.Md. Rokonuzzaman, FCA, Country Managing Director of AMANN Bangladesh, has been elected President. In a statement, he highlighted the importance of leveraging the longstanding partnership between Bangladesh and Germany for...

Int'l tourism fair begins Oct 30

The Biman Bangladesh Travel and Tourism Fair (BTTF) 2025 is set to begin at the Bangladesh-China Friendship Conference Centre in the city on October 30. A total of 12 countries will take part in the three-day event which will be organised by the Tour Operators Association of Bangladesh (TOAB). National...

Remittance inflow grows by 11.1 per cent till Oct 26

The inflow of remittances posted an year-on-year growth of 11.1 per cent, reaching US$2,166 million in the first 26 days of October, according to the latest data released by Bangladesh Bank (BB) on Tuesday, reports BSS.During the same period last year, the country received $1,949 million in remittances.From July to...

Pakistan lifts extra duty on jute imports

Pakistan has withdrawn the 2.0 per cent additional customs duty (ACD) on jute imports from Bangladesh, a move expected to reinvigorate trade in the natural fibre long considered Bangladesh's "golden fibre". The decision restores duty-free access for Bangladeshi jute in the Pakistani market and is likely to make the country's...

No irregularities in wheat import from US: Food Ministry

The Ministry of Food has clarified that there have been no irregularities, overpricing, or special privileges in the import of wheat from the United States (US), reports BSS.The ministry said that a recent report in a national daily titled "Bangladesh buys US wheat at higher price due to agreement" presented...

China signs expanded ASEAN trade pact

KUALA LUMPUR, Malaysia (AP): China signed an upgraded free trade agreement with the Association of Southeast Asian Nations (ASEAN) on Tuesday, positioning itself as a counterweight to U.S. protectionism and deepening its economic influence in the region.Premier Li Qiang told the ASEAN-China summit that closer cooperation with Beijing could help...

The Department of Banking and Insurance, University of Dhaka

The Department of Banking and Insurance, University of Dhaka, in collaboration with Policy Think & Economic Research Centre, hosted a roundtable on 'Transition of banking sector in Bangladesh: Challenges and the way forward' at MBA Building on the DU campus on Tuesday. Chairman of the Banking Department Prof Dr Md...

IDCOL supports ICS Testing Lab at BUET to boost clean cooking innovation

IDCOL and the Department of Chemical Engineering (DChE) at BUET inaugurated the 'IDCOL-DChE, BUET ICS Laboratory' on the BUET campus in Dhaka on Monday. Alamgir Morshed, Executive Director & CEO of IDCOL, Md. Enamul Karim Pavel, Head of Renewable Energy at IDCOL, and Professor Shoeb Ahmed and Professor Md. Mominur...

Janata Bank PLC Managing Director Md. Mazibur Rahman poses with others

Janata Bank PLC Managing Director Md. Mazibur Rahman poses with others at the inaugural ceremony of a 25-day foundation course for officers of the bank organised by the Janata Bank staff college, Dhaka recently.