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

NBR’s gap with FBCCI widens

The apex trade body of the country has termed the Value Added Tax (VAT) and Supplementary Duty (SD) Act-2012, as it is in its present form after changes to it, still 'not prepared' and 'much-lingered' in respect of its re-evaluation.The comments of the Federation of Bangladesh Chambers of Commerce and...

Meat-heavy Iftar items get pricey

Braving sweltering heat, fasting city dwellers thronged food outlets across the city to buy Iftar items on Tuesday, the first day of the holy month of Ramadan.But the quality of food remained a great concern to consumers despite the presence of monitoring teams. Apart from Chawkbazar, a major hub of...

Hawkers protest footpath eviction

Hawkers have taken to the streets of the city's Gulistan to protest against their eviction from footpaths, reports bdnews24.com. Traffic in Gulistan and its surrounding areas came to a halt from 11.00am on Tuesday following the blockade. The protest has compounded the plight of commuters on the first day of...

MoC decides to hire consultancy firm to help address challenges

The government has taken initiatives to increase the export share of high-value apparel items by addressing the problems in this connection, officials said.As part of the initiatives, the World Trade Organisation (WTO) Cell in the Ministry of Commerce (MoC) has moved to appoint a consultancy firm for conducting a study...

Fani destroys Tk 385m crops, says minister

The cyclonic storm Fani that hit the country's coastal areas on May 4 damaged crops on some 63,063 hectares of land in 209 upazilas of 35 districts, said Agriculture Minister Dr Abdur Razzak on Tuesday, reports UNB.Briefing reporters at the secretariat, Dr Abdur Razzak showed an accumulated loss of Tk...

Jute mill workers block Jatrabari point, traffic halted

Jute mill workers blocked the Jatrabari intersection in the capital on Tuesday morning demanding payment of their dues and arrears, reports UNB.The demonstrators took position on the Jatrabari intersection from 8.00am and blocked the intersection, disrupting traffic and creating tailbacks.Police intervened and brought the situation under control around 10.00am, said...

News Watch- (08-05-2019)

Govt mulls rice export to benefit farmersThe government is considering an option to export rice to benefit the farmers, Agriculture Minister Abdur Razzaque said Tuesday. "We're in talks with the food and commerce ministries about it. A decision will be taken within 15-20 days after high-level discussions," he told reporters...