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

Proposed duty hike on cell phones may promote grey market

The government's proposal for sharply hiking import duties on mobile phones has triggered growing concern among industry leaders.According to them, the move could produce the opposite of its intended outcome by shrinking official sales, strengthening the grey market and ultimately reducing tax collection.Under the proposed budget for fiscal year 2026-27,...

Licensing process to be streamlined: Muktadir

Commerce Minister Khandakar Abdul Muktadir on Sunday said the government is working to make the licensing and approval process simpler, faster and more integrated to create a more investment-friendly environment in the country.Besides, it has taken steps to set up a central one-stop window for investors so that they do...

IMCB for greater use of local consultants

Bangladesh could save a significant amount of foreign exchange by making greater use of qualified local management consultants instead of routinely hiring foreign firms at substantially higher costs, leaders of the Institute of Management Consultants Bangladesh (IMCB) said on Sunday.They also criticised what they described as a long-standing disparity in...

Tyre importers urge withdrawal of proposed 20pc SD

CHATTOGRAM, June 21: Tyre importers, dealers and transport operators have urged the government to withdraw the proposed 20 per cent supplementary duty (SD) on commercial vehicle tyres, arguing that the measure would significantly raise transport costs and add fresh pressure to inflation.They alleged that the proposed duty is intended to...

Trust Bank inaugurates its relocated branch at Radisson Blu Chattogram

Trust Bank PLC has recently inaugurated its relocated branch at the Radisson Blu Chattogram Bay View Hotel, Chattogram. General Waker-Uz-Zaman, Chairman of Trust Bank and Chief of Army Staff, inaugurated the branch. Ahsan Zaman Chowdhury, Managing Director & CEO of Trust Bank, also attended the event.

Bengal Commercial Bank launches month-long training in Bogura

Bengal Commercial Bank has inaugurated a month-long training programme in Bogura to enhance the skills and business strength of the entrepreneurs in the Micro, Cottage, Small and Medium Enterprises (CMSME). The training programme is part of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' project of the Ministry of...

NRBC Bank leads Student Banking Conference in Sirajganj

Under the supervision of Bangladesh Bank, NRBC Bank organised Student Banking Conference 2026 as the lead bank at the Officers' Club in Sirajganj on Saturday. The conference was chaired by Mohammad Abdul Qaium Khan, Deputy Managing Director and Chief Operating Officer (COO) of NRBC Bank. Ganapati Roy, Additional Deputy Commissioner...

COMMUNITY BANK HOLDS ANNUAL GENERAL MEETING

The seventh Annual General Meeting (AGM) of Community Bank Bangladesh PLC was held at the Police Headquarters in Dhaka on Sunday. The meeting was chaired by Md. Ali Hossain Fakir, Inspector General of Police, Bangladesh and Chairman of Community Bank Bangladesh. During the meeting, the bank's Audited Financial Statements for...