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

MPS eyes higher growth

The central bank announced on Wednesday "cautiously accommodative" monetary policy statement (MPS) for the current fiscal year aiming to achieve higher growth while taming inflationary pressures."The policy stance remains as cautiously accommodative as before," said Fazle Kabir, governor of the Bangladesh Bank while announcing the policy."The monetary policy stance for...

1,477 fresh dengue cases listed in 24 hrs

The ongoing dengue outbreak continues unabated across the country with 1,477 fresh cases recorded over the last 24 hours from 8:00 AM of July 30 (Tuesday) to 8:00 AM of July 31 (Wednesday).With the new inclusion, the total number of dengue patients has reached to 16,846 in 63 districts of...

Moazzem Hossain's first anniversary of death today

Today is the first anniversary of death of iconic business journalist and founder editor of The Financial Express (FE) A H M Moazzem Hossain. On August 01, 2018 he passed away at the age of 73.He launched the FE, the country's first national financial English daily in 1993. He was...

Tax revenue collection misses target by Tk 571b

Tax revenue collection posted an aggregate shortfall of Tk 571 billion in the fiscal year (FY) 2018-19 against its revised target, recording 10.7 per cent growth over the corresponding year.The growth in revenue collection by the National Board of Revenue (NBR) was lowest in the last fiscal year compared to...

BSEC commissioner questions investors' demonstrations

A commissioner of the securities regulator smells a rat in the recent 'demonstrations' by some investors following a capital market fall.Prof Helal Uddin Nizami said the spearheads of the protests, staged by 10-20 investors, have actually 'no contribution' to the stock market."Those investors, enthused by a quarter, took to streets...

11 milk cos get SC order to start sales

The Appellate Division on Wednesday stayed a High Court order for five weeks clearing ways for 11 more pastuarised milk companies to produce, distribute and sell milk, reports UNB.Chamber Judge Md Nuruzzaman passed the order after hearing separate appeals filed by the companies seeking a stay on the HC order.Before...

News Watch (01-08-2019)

BB asks banks to help dengue patients under CSR fundsBangladesh Bank (BB) Wednesday asked the scheduled banks to assist the patients suffering from dengue fever under their Corporate Social Responsibility (CSR) funds. "Dengue fever has taken a severe turn in Dhaka city and other areas of the country. So, it...