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

Pandemic slows dev work

The Covid-19 pandemic seriously affected the development project execution by the relevant government agencies during July-October period of the fiscal year (FY) 2020-21, officials said on Wednesday.The agencies could spend only 12.79 per cent of Tk 2.14 trillion Annual Development Programme (ADP) outlay in the first four months of the...

VAT online project awaits yet another extension

The government may extend the much-talked-about VAT Online Project (VOP) by another six months to June 30, 2021, as some of its key components are unlikely to be implemented with the December 31 deadline.The World Bank (WB) has already given the green signal to the National Board of Revenue (NBR)...

Govt back at drawing board

Amid slow disbursement of Covid-19 stimulus packages, the government has decided to hold dialogues with trade groups, banks, and the ministries concerned to find a way forward, officials said.The finance division will hold a three-day event at Osmani Memorial Auditorium in the capital later this month and early next month....

19 more die of Covid-19

Nineteen more people died of coronavirus disease (Covid-19) on Wednesday, with the authorities reporting 1,733 new cases during the last 24-hour reporting time of the day.With the latest figures, the number of total casualties stood at 6,127 since the virus was first detected in Bangladesh in March last. Of the...

People defying safety rules despite fear of corona second wave

Many people are still breaching health safety guidelines, like - wearing masks at shopping malls and other public places or in public transports, posing threat to further spread of Covid-19 infection despite fear of a second wave of the coronavirus outbreak.Such reckless attitude may worsen the pandemic situation in Bangladesh,...

Preferential tariffs for BD, other nations to continue: UK

The United Kingdom (UK) has said imports from 47 of the world's least developed countries, including Bangladesh, will not face any tariffs - supporting their economic development through business and trade, reports UNB. Low-income and lower-middle income countries will benefit from lower tariffs compared to the UK Global Tariff, according...