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

Owners ring security alarm as labour unrest shuts hundred factories

Apparel-sector leaders Monday demanded tightened security at factories as production in nearly 100 units in the export industry halted amid labour unrest.They also sought necessary steps to address some issues related to banks and measures for fast release of containers at port and ensuring smooth supply of utilities.Their demands were...

HC questions immunity from prosecution

Two provisions of a special law that absolve rental-and quick-rental power plants of legal bindings now come under question from the High Court on a challenge against their legality. The High Court Monday questioned the legality of two provisions of the 'Quick Enhancement of Electricity and Energy Supply (Special Provisions)...

Govt to set up tribunal with int'l support: CA

The interim government plans to establish a domestic tribunal with international support to try people accused of committing crimes against humanity during the student-led uprising.Chief adviser Dr Muhammad Yunus on Monday discussed the issue with Toby Cadman, a top human rights lawyer, extradition specialist and the joint head of the...

A dozen pvt, one state petroleum refineries ruined

A dozen private and one state-owned petrochemical and refinery plants in the country go bust for discriminatory treatment allegedly by some government high-ups in cahoots with a vested-interest group, sources said. The unfair acts imperilled around Tk 20 billion (US$150 million) worth of investment while weakening the supply chain of...

Export-data mismatch impact on GDP being examined: Adviser

Export data for the last fiscal year have been reconciled and will be published soon, along with impact of any calculation mismatch on the country's growth arithmetic.Finance Adviser Dr Salehuddin Ahmed Monday said the Export Promotion Bureau (EPB) reconciled the export data to bridge the gap between calculations by two...

Govt scraps black money whitening facility

The National Board of Revenue (NBR) scrapped the black money whitening facility by paying 15 per cent tax on Monday, following instructions from the advisory council of the interim government. Income tax member of the NBR, Alamgir Hossain, said that the gazette for withdrawing the facility was finalised and the...