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

People's Leasing depositors to get back money: BB

The central bank said as a regulator it will not shoulder the responsibility of failure on the part of the People's Leasing and Financial Services Ltd (PLFSL), which is now facing liquidation. "Liquidation is the last stage under the financial institutions act. We took all other steps earlier to avoid...

Cox's Bazar ecological balance under threat from Rohingya: PM

Prime Minister Sheikh Hasina said on Wednesday the environmental balance of Cox's Bazar is under threat as settlements are being established there for Rohingyas clearing hills and forests, reports UNB."For this (Rohingya presence), the natural equilibrium is being destabilised in that area... settlements are being established in the area clearing...

Corporate taxpayers to give int'l dealings info

The country's corporate taxpayers will have to submit income tax returns in a new format from the current fiscal year (FY), 2019-20, with a mandatory provision of declaration of their international transactions with associate companies.The National Board of Revenue (NBR), in an instruction, made submission of the information mandatory for...

SK Sinha, 10 others sued for money laundering, loan scam

The Anti-Corruption Commission (ACC) lodged a case against 11 people including former chief justice SK Sinha on Wednesday for their alleged involvement in embezzlement and money laundering.The accused individuals, through loan fraud, embezzled and laundered Tk 40 million from the Farmers Bank (currently Padma Bank), according to the case statement.ACC...

New Zealand pip India to reach WC final

MANCHESTER, United Kingdom, July 10 (AFP): New Zealand stunned India to reach their second successive World Cup final as they survived Ravindra Jadeja's late heroics to clinch a thrilling 18-run win at Old Trafford on Wednesday.It was a superb display by the underdog Black Caps, who came into the match...

News Watch (11-07-2019)

'Fire extinguishing system to be set up at all hospitals'Health Minister Zahid Maleque said on Wednesday the government has taken an initiative to install fire extinguishing system at every hospital across the country. "There's fire extinguishing system at 70-80 per cent hospitals. We've taken initiative to install such system in...