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

Switch over to mkt-based energy pricing: CPD

Experts on Sunday called for renewed exploration of potential onshore and offshore gas fields to meet the country's future energy demands. They also felt the need for tackling the prevalent corruption and irregularities in the power sector and a gradual shift towards a market-based tariff system in the energy arena.Experts...

DUCSU polls today

Dhaka University (DU) students will go for voting today (Monday) to elect their representatives after 28 years.DU Vice-Chancellor (VC) Prof. Dr. Md. Akhtaruzzaman assured all of ensuring a fair and free election after different organisations of students submitted a memorandum containing various demands to him on Sunday.Left alliance vice-president (VP)...

Ethiopian Airlines flight crashes, killing 157

NAIROBI, Mar 10 (Reuters): An Ethiopian Airlines Boeing 737 passenger jet to Nairobi crashed early on Sunday with 149 passengers and eight crew members aboard, the airline said, and there were no survivors, according to the state broadcaster. The flight left Bole airport in Addis Ababa at 8.38 am local...

NBR uncovers VAT evasion by ASA, Map Paper Board

The revenue authority has detected a Tk 40.6 million evasion by two organisations--non-government ASA in the city and Map Paper Board Mills Ltd in Jamalpur.The VAT (West) zone Dhaka served a notice on Sunday to the organisations giving an ultimatum of 15 days to pay the VAT the both allegedly...

Next budget to be pro-growth: Kamal

Finance Minister A H M Mustafa Kamal said on Sunday the budget for the next fiscal year (FY) would be pro-growth and pro-development.He also said employment generation would get priority in the budget, and steps would be taken to provide job to at least one person of each family.Mr Kamal...

Taka deflates further against US$

The exchange rate of the Bangladesh Taka (BDT) depreciated further against the US dollar (US$) on Sunday, mainly due to higher demand for the greenback in the market for settling import bills.The local currency depreciated by five poisha in the country's inter-bank foreign exchange (forex) market on the day after...

News Watch- (11-03-2019)

PM witnesses GovtEmployees Welfare Building designPrime Minister Sheikh Hasina witnessed on Sunday a power point presentation on the design of Bangladesh Government Employees Welfare Building to be constructed at Dilkusha in the capital. Chief Architect of the Department of Architecture Kazi Golam Nasir explained the design through power point presentation....