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

NBR faces Tk 110b revenue shortfall in first quarter

The revenue board has faced a Tk 110 billion shortfall against its target in the first quarter of the current fiscal year as the government allocated less for the development projects, its head said on Sunday.Tax collection has not increased as expected in the July-September period of the fiscal as...

PM urges Ulema to stay away from social media propaganda

Prime Minister Sheikh Hasina urged on Sunday the Alem-Ulema of the country not to take laws in their own hands provoked by propaganda on social media, reports UNB."If anyone says anything against our Prophet his/her trial will be done as per laws of the land, we won't take laws in...

CEC to declare polls schedule on Nov 08

Chief Election Commi-ssioner (CEC) KM Nurul Huda will declare the schedule for the 11th parliamentary elections on November 08, reports BSS. "The CEC will announce the schedule for the forthcoming parliamentary elections and address to the nation on the day," Election Commissioner Brigadier General (retd) Shahadat Hossain Chowdhury told reporters...

Economic inequality on rise despite growth

Bangladesh economy has become more 'unequal' during the recent decade, particularly between 2010 and 2016, despite the country's ongoing growth, opined economist Dr Debapriya Bhattacharya.Asset inequality is increasing at a faster pace than income inequality, and income inequality is increasing at a faster pace than consumption inequality, cautioned the Distinguished...

Dr Kamal writes to PM for dialogue again

Jatiya Oikya Front chief Dr Kamal Hossain sent another letter to Awami League President and Prime Minister Sheikh Hasina on Sunday seeking the second phase of small-group talks with her over the next general election, reports UNB.Three Gano Forum leaders-Jaglul Haider Afrik, AHM Shafiq Ullah and Mostak Ahmed-carried the letter...

Govt mulls inclusive social safety net

The government launched an action plan for the National Social Security Strategy (NSSS) on Sunday with models of South Africa, Lesotho and Nepal.The NSSS aims to build an inclusive social security system (SSS) for all deserving Bangladeshis.It effectively tackles poverty and inequality and contributes to broader human development, employment and...

News Watch- (5-11-2018)

Bangladesh elected IORA chairman for 2021-23The 18th Indian Ocean Rim Association (IORA) Council of Ministers' Meeting has elected Bangladesh as the Vice Chairman of IORA for the period of 2019-21 and eventually as the IORA Chairman for 2021-23. As per the practice, IORA is led by Chair and Vice Chair...