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

Bangladesh struggles to lure foreign visitors despite natural wonders

Bangladesh's natural diversity, from the world's longest sea beach to the largest mangrove forest, offers all the makings of a thriving tourism economy. Yet, the country remains far from realising its potential as a global travel destination. Industry insiders say that despite its unique attractions, Bangladesh continues to draw relatively...

India's exports to US plunge as Trump's 50pc tariffs bite

India's goods exports to the US, its largest foreign market, dropped sharply by 20 per cent in September and nearly 40 per cent in the last four months, as Trump's steep tariffs took effect, data shows, according to a BBC report.September was the first full month of Washington's 50 per...

Banks to remain open on Saturday

Bangladesh Bank (BB) has instructed banks for taking appropriate measures to keep open their branches or sub-branches relating to the hajj activities on October 18 (Saturday) for hajj management, reports BSS.To this end, the central bank issued a circular on Thursday.The banks were directed to continue accepting the Hajj registration...

Pakistan flags pest issues in pineapple

Bangladesh and Pakistan have initiated a process to expand bilateral trade in fruits, sources say. As part of the move, a meeting was recently held between the Plant Quarantine Wing, Ministry of Agriculture, Bangladesh, and the Department of Plant Protection (DPP) under Pakistan's Ministry of National Food Security & Research....

PBL Finance hosts training on int'l trade facilitation

PBL Finance (Hong Kong) Limited, a subsidiary of Prime Bank PLC, organised a daylong training on 'International trade facilitation: The new face of import & export regulations in Bangladesh' in Dhaka recently. The program brought together 100 international trade experts and banking professionals to discuss the evolving landscape of cross-border...

Titas launches drive aginst illegal gas lines

Titas Gas Transmission and Distribution Company Limited conducted drives in Savar and Gouripur areas of Cumilla district on Wednesday to disconnect illegal gas connections and prevent gas stealing.During the operations, the authority, led by its executive magistrates, removed 600 metres of illegal distribution lines and realized fines amounting to Tk...

Walmart partners with OpenAI for ChatGPT shopping feature

Walmart is set to partner with OpenAI to enable customers and Sam's Club members to shop directly within ChatGPT, using the AI chatbot's Instant Checkout feature, reports Reuters.The world's largest retailer is expanding its use of artificial intelligence as companies across sectors adopt the technology to simplify tasks and cut...

US wants Japan to stop buying Russian energy

WASHINGTON, Oct 16 (AFP): Washington wants Japan to halt Russian energy imports, US Treasury Secretary Scott Bessent said Wednesday hours after President Donald Trump announced that India would stop buying oil from Moscow.Bessent said on X that he discussed with visiting Japanese Finance Minister Katsunobu Kato Washington's "expectation that Japan...

US retailers brace for impact as Trump's 100pc China tariffs loom

US President Donald Trump's threat of additional 100% tariffs on Chinese imports has sounded alarm bells among retail and trade experts, who caution it could lead to more price increases and squeeze demand, reports Reuters.The fresh levies, set to take effect November 1, would come as shoppers and retailers enter...