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

Banking sector growth likely to decline in FY ’18

A number of scams along with troubles of varying nature have hit the growth of the country's banking sector, as its expansion rate is likely to drop by 1.32 percentage points in the current fiscal year (FY), according to official data.The provisional data of the Bangladesh Bureau of Statistics (BBS)...

Govt to set up SME advisory centres in all dists, upazilas: PM

The government will establish SME advisory centres in all districts and Upazillas to provide one-stop service to the entrepreneurs, report agencies. This was disclosed by Prime Minister Sheikh Hasina Wednesday in a written speech while inaugurating the five-day 6th National SME Fair at Bangabandhu International Conference Centre in the city.The...

BD likely to opt for DFQF access to Chinese market

Bangladesh is poised to ink a 'letter of exchange' with China to enjoy the duty-free and quota-free (DFQF) access to the latter's market for, at least, 97 per cent tariff lines, trade officials have said.Presently, Bangladesh is enjoying the DFQF facility for some 60 per cent of the Chinese tariff...

NOAB demands keeping print media out of tax net

Newspaper owners on Wednesday proposed the government to keep the print media out of tax net considering it a "sick" industry, which would perish gradually with the expansion of digital media.The leaders of the Newspaper Owners' Association of Bangladesh (NOAB) said the government should consider withdrawal of 5.0 per cent...

YouTube HQ under gun attack

The suspect in a gun attack at YouTube's HQ in California had expressed anger over its treatment of her video postings, media reports say.Police have named Nasim Aghdam, 39, as the suspect but say they are still investigating a motive, reports BBC.US media say Aghdam was angry that YouTube was...

RAB recovers Rangpur spl PP Rathish's body

RANGPUR, Apr 04 (Agencies): Special public prosecutor Rathish Chandra Bhowmik was found dead at Tajhat Mollahpara of the city early Wednesday, five days after he went missing.Based on the information gleaned from his wife Snigdha Sarkar Dipa, members of Rapid Action Battalion (Rab) recovered Rathish's body from under the ground...

News Watch (05-04-2018)

High-speed internet in remote areas by this yearThe government will provide high-speed internet in all remote areas of the country by this year, said Post, Telecommunications and Information Technology Minister Mustafa Jabbar Wednesday. "Through satellite connectivity, high-speed internet will be provided to 226 remote unions where cable connections can't be...