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

Mixed trend marks H1 profit earning by PCBs

The unaudited operating profit of the country's private commercial banks (PCBs) showed a mixed trend in the first half (H1) of the current calendar year (2018).Of the 40 PCBs, the operating profit of 14 recorded an upward trend, while that of six banks witnessed a downturn, according to the provisional...

UN to put more pressure on Myanmar to resolve Rohingya crisis

United Nations (UN) Secretary General Antonio Guterres said his organisation is pressuring Myanmar to resolve the Rohingya crisis, reports bdnews24.com.The UN chief and World Bank (WB) Group President Jim Yong Kim met Prime Minister Sheikh Hasina at her offices in the city on Sunday as a part of their trip...

WB stops funding Myanmar to pressurise it, says Muhith

Finance Minister A M A Muhith said on Sunday the World Bank (WB) has stopped providing project funds to Myanmar to put pressure on the country for repatriation of Rohingya people from Bangladesh."The World Bank has stopped all the projects in Myanmar, except those that are meant for providing relief...

NBR misses revised target by 9.0pc, original 17.0pc

Tax-revenue mobilised by the National Board of Revenue (NBR) fell short of the revised target by Tk 200 billion in the just concluded Fiscal Year (FY), according to a provisional figure.Revenue officials and experts attributed the shortfall to the setting of an 'ambitious' target by the government. The NBR collected...

BD to get more tariff reduction under APTA

BEIJING, July 01: The tariff-cut amendment of the Asia-Pacific Trade Agreement (APTA) became effective Sunday, with China's Ministry of Commerce saying it would facilitate regional economic integration in Asia, according to reports by Xinhua and Global Times."The amendment will provide member countries new economic impetus, prompt continued trade increases, facilitate...

Spain's defender Sergio Ramos (L) vying for the ball with Russia's players during their Russia 2018 World Cup football match

Spain's defender Sergio Ramos (L) vying for the ball with Russia's players during their Russia 2018 World Cup football match in Moscow on Sunday. Russia won the match by 4-3 in tie-breaker — AFP

News Watch (2-7-2018)

BD becomes C'wealth EC memberBangladesh has been elected a member of the Executive Committee of the Commonwealth from the Asian region for a two-year term effective from July 2018. Bangladesh was elected on a consensus basis in a meeting of the Board of Governors of the Commonwealth held at the...