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

Full VAT automation now looks elusive

Around 63 per cent of the total cost of the VAT Online Project (VOP) has remained unspent though the deadline for its execution is set to end on December 31 next. The cost of the project is Tk. 6.90 billion.Most modules necessary to automate the VAT system are yet to...

CAG calls for FRC probe into corporate management

Comptroller and Auditor General (CAG) of Bangladesh Mohammad Muslim Chowdhury on Saturday said the corporate management should be one of the areas of investigation by the Financial Reporting Council (FRC) along with the auditors.The government formed the FRC as a regulator for the auditors as they are often blamed for...

PM seeks equitable access to vaccines

Prime Minister Sheikh Hasina Saturday stressed timely and equitable access to prospective COVID-19 vaccines while addressing the United Nations General Assembly (UNGA) amid a visible trend of "vaccine nationalism" when developed countries are prioritizing their access to prospective inoculates ahead of others, reports BSS."We hope that the COVID-19 vaccine will...

Devastated by coronavirus pandemic, local garment factories at South Keraniganj are still struggling to recover

Devastated by coronavirus pandemic, local garment factories at South Keraniganj are still struggling to recover. The photo taken on Saturday shows only a few employees working in a factory there as the demand for its products has waned — FE photo by Shafiqul Alam

Make policies far more 'predictable'

Experts on Saturday listed inconsistencies in relevant policies as the main impediment to smooth flow of foreign direct investment (FDI) into the country. They suggested bringing holistic reforms of policies concerning tax, trade and investment. Taking part in a virtual discussion , they urged the government to upgrade the policies...

Migrants still battle to get air tickets

Many Saudi-bound migrant workers were still facing troubles in obtaining air tickets and mandatory Covid-19 test certificates on Saturday.The stranded workers, desperate to go to their workplaces in Saudi Arabia, continued to throng the offices of the Saudia Airlines and Biman Bangladesh Airlines in the city and waited for a...

Fatalities still high 36 more die, 1,106 infected

The number of deaths from Covid-19 has maintained almost previous highs despite registering a declining trend in the rate of infection in recent times.Thirty-six more people have died of the disease in the past 24 hours until Saturday, according to a statement of the Directorate General of Health Services (DGHS)....

Briefing 27-09-2020

Banks asked to expedite credit flowThe government has asked the state-owned commercial banks and development finance institutions (DFIs) to complete the disbursement of loans, declared under the Prime Minister-announced incentive package for CMSME (cottage, micro, small and medium enterprises) sector. Page 9Swiss vote on free movement with EUSwiss voters will...