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

FBCCI urges steps to slash BSTI fees

The country's apex trade body has requested the Bangladesh Standards and Testing Institution (BSTI) to reduce its licence, product testing and renewal fees.The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has said the BSTI's existing higher charges have created extra burden on industries, thus affecting the country's investment...

Bangladesh to work closely for stronger ASEAN: Khalilur

Foreign Minister Dr Khalilur Rahman has reaffirmed Bangladesh’s commitment to working closely with ASEAN and its partners to strengthen regional cooperation in tackling emerging and transnational threats, reports BSS.Addressing the commemorative ceremony marking the 50th anniversary of the Treaty of Amity and Cooperation in Southeast Asia (TAC) in Manila, he...

Australia announces fresh $3.2b for nuclear subs

SYDNEY, July 24 (AFP): Australia said on Friday it would pump an additional $3.2 billion into building the country's nuclear-powered submarines, part of a controversial defence pact with the United States and Britain.Under the 2021 AUKUS deal, Australia's most expensive defence project, the country will receive three nuclear-powered submarines from...

895TH BOARD MEETING OF JANATA BANK

Janata Bank PLC Chairman Md Fazlur Rahman presiding over the 895th board meeting of the bank at its head office in the city on Thursday. Directors of the bank Badre Munir Ferdous, Abdul Mazid Sheikh, Abdul Awal Sarkar, Dr Md Shahadat Hossain, Md Ahsan kabir and Managing Director Md Mazibur...

BB introduces new reporting rules for govt deposits

Bangladesh Bank (BB) has issued new reporting guidelines requiring all scheduled banks to include specific Economic Sector Codes/IDs when submitting information on government deposits, aiming to strengthen transparency in government cash management and the Treasury Single Account (TSA) system, reports BSS.According to a circular issued on Thursday by the Supervisory...

New Zealand PM says new US tariffs 'extremely disappointing'

WELLINGTON, July 24 (AFP): New Zealand Prime Minister Christopher Luxon condemned new US tariffs on Friday as "extremely disappointing" after his and 59 other countries were slapped with fresh levies over forced labour concerns."The US investigation did not provide meaningful evidence to support claims in relation to forced labour," Luxon...

Investment-led production with job creation holds key to Bangladesh's next growth phase: PM's Adviser

Outlining the government's economic strategy, Prime Minister's Finance and Planning Adviser Dr Rashed Al Mahmud Titumir on Friday said Bangladesh needs an investment-driven development model tailored to domestic realities and changing global geoeconomic conditions."We need to pursue a model where investment leads to production, production creates employment, employment increases revenue...