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

Listed companies to take higher tax burden

Many publicly traded companies in Bangladesh are set to face higher corporate tax despite complying with existing regulations as a new law squeezes fiscal incentives, which may prove to be disservice to efforts for deepening the capital market.Analysts say this effectively brings them on a par with non-listed firms due...

Debt-equity ratio for foreign firms may go

A capital-financing constraint like debt-equity ratio for foreign firms in Bangladesh in availing term loans in local currency may go now as the government plans to relax the rules to boost industrial growth, officials say.Presently, the foreign owned/controlled companies engaged in manufacturing or services output activities for three years or...

Schedule two months before national polls

Chief Election Commissioner (CEC) AMM Nasir Uddin has said the national polls schedule will be declared two months before the election, reports BSS."The polls schedule will be announced 55 or 60 days before the election. It is not possible to fix the exact date of the election at this time....

Israel issues new threats, explosions heard around Tehran

Multiple explosions have been heard around Tehran as Israel issues new threats to residents of the Iranian capital, warning of imminent attacks, report agencies. Iran launched a new wave of ballistic missile attacks on Israel -- including Tel Aviv and Haifa -- killing at least eight people hours after the...

Apparel owners fear Iran-Israel war fallout on exports

A red-hot Middle-East turmoil fuelled by the Iran-Israel war may affect Bangladesh's garment business as global oil prices could spike and increase operational costs locally.And such production-cost escalation would bite trade returns on the country's cardinal export product-readymade garments or RMG, the bigger one of two pillars of foreign-exchange reserves,...

G7 confronts Israel-Iran crisis as Trump dominates summit

KANANASKIS, Canada, June 16 (Agencies) - Group of Seven leaders including US President Donald Trump prepared to hold talks Monday in the Canadian Rockies, tackling issues including whether they can find common ground on an escalating conflict between Iran and Israel.The three-day gathering in the mountain town of Kananaskis marks...