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

Taxmen help privileged evade taxes

The revenue board has found evidence of nexus between its staffers and some taxpayers for evading taxes by forming fund or showing assets with backdates in their tax files.Resorting to such a malpractice, a number of influential taxpayers legalise their black money, fund or assets without paying taxes with the...

Two addl AGs resign

Additional attorneys general Murad Reza and Momtaz Uddin Fakir resigned from their posts on Sunday, three days after the appointment of AM Amin Uddin as the attorney general (AG). Momtaz Uddin submitted his resignation letter to the solicitor department of the attorney general's office in the morning while Murad Reza...

Covid cranks up e-Commerce

Bangladesh's e-Commerce has got a big boost as its market size has swelled by 30 times over the last five years, insiders said on Sunday.The suppliers' and customers' devotion to the online platform for conducting business and purchasing products have helped electronic trade expand in the country, they added.According to...

Govt to build cold storage for onion

The government has decided to build a cold storage for onion aiming to ensure the supply of the key spice item during the lean period, officials said.Provisionally, the proposed storage will be set up in Faridpur, an important onion producing hub of the country.Trading Corporation of Bangladesh (TCB) is the...

Covid infections, fatalities waning

Downward trend in major indicators of Covid-19 pandemic continued in the country, as infections and deaths showed a sharp decline last week that ended on October 10.According to the Directorate General of Health Services (DGHS), the number of infections and fatalities fell by 1.90 per cent and 10.71 per cent...

BGMEA warns members of pandemic second wave

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has warned its member factories of possible deterioration of the coronavirus outbreak situation in the upcoming winter season, sources said.The apparel sector apex trade-body also requested the members to send information on corona-infected workers and employees, if identified, through its hotline numbers:...

Briefing 12-10-2020

Cut-off price of Mir Akhter sharesThe cut-off price of shares of Mir Akhter Hossain Ltd, a construction & engineering company, has been fixed at Tk 60 each through electronic bidding by eligible investors. The eligible investors took part in the price discovery of the company's shares by bidding for 72...