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

Next budget set to offer businesses sweeteners

The government is set to offer a wide-range of tax relief for the businesses in the budget for the upcoming fiscal year (FY) to help the latter survive the Covid-19 pandemic onslaught.The government has also decided to be practical as far as the fixation of the tax revenue target for...

Israeli air strikes kill 33 more Palestinians

Israeli air strikes on Sunday killed 33 Palestinians, including eight children, Gaza health officials said, as militants fired an early morning barrage of rockets into Israel, report agencies.With no sign of an end to the worst outbreak of Israeli-Palestinian violence in years the United Nations Security Council was due to...

Covid curbs stay until May 23

The government has again extended the ongoing lockdown for another week until May 23 with two new directives alongside the existing ones to contain the spread of Covid-19, reports UNB.The Cabinet Division issued a circular in this regard on Sunday.On May 5, the government extended the countrywide lockdown until May...

Holidaymakers urged not to return to Dhaka before 14 days

The government on Sunday called upon the Eid holidaymakers not to return to Dhaka before passing 14 days since their travelling to village homes.Directorate General of Health Services (DGHS) made the request as a strategy to prevent spread of coronavirus as the people started returning to the capital defying the...

Record $2.9b pledged in 2020 pvt investment: WB

Bangladesh last year witnessed a record $2.9 billion investment commitment for its infrastructure development from private sector sponsors, according to a latest report published by the World Bank."The country's (Bangladesh) 2020 investment amounted to US$2.9 billion, a 190 per cent increase from 2019 levels, and increased investment as a share...

Tk 2.25tn ADP awaits govt nod tomorrow

The government is likely to approve a Tk 2.25 trillion worth of annual development programme (ADP) for the next fiscal year with a special priority to the health sector, officials said on Sunday.They said the health sector allocation is set to increase by 33 per cent to Tk 173.06 billion...

China tags Quad remarks with 'problem in English'

Both China and Bangladesh seem to downplay the remarks of Chinese Ambassador in Dhaka Li Jiming after he met with Bangladesh Foreign Secretary Masud Bin Momen on Wednesday.But diplomatic circles believe that the remarks were part of subtle diplomatic maneuvering by China."I do not think that the Chinese ambassador made...

Kalshi Road: No end to seasonal woes

If not any part of the city, the Kalshi Road at Pallabi, as usual, experienced the season's first bout of water-logging following a half-an-hour long showers on Saturday afternoon. The Dhaka North City Corporation (DNCC) has recently cleaned all the pits of an underground drain that runs along the Kalshi...