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

RCBC files defamation suit against BB over cyber heist

A Philippine bank has filed a lawsuit accusing Bangladesh's central bank of defamation, hitting back at what it says are baseless claims of its complicity in the world's biggest cyber heist, reports Reuters.In February 2016, criminals used fraudulent orders on the SWIFT payments system to steal $81 million from the...

BD assigns lawyer to deal with case in Manila

Bangladesh has assigned a lawyer to look into all legal issues including a defamation suit filed by the Manila-based Rizal Commercial Banking Corporation (RCBC) recently against the country's central bank."We've been informed about the suit, but our lawyer will look into the matter," one of the members of the Bangladesh...

Bangladesh now out of Sino-Indian shadow

Lauding Bangladesh's tremendous economic progress, the US ambassador in Dhaka said on Tuesday it has come out of the shadow of both China and India.The South Asian nation is playing a bigger role in the region and on the global stage, Mr Earl Robert Miller said.The envoy also highlighted Bangladesh's...

DUCSU VP-elect Nur demands reelection to all posts

Hours after the exchange of greetings with his BCL rival Rezwanul Haque Chowdhury Shovon, DUCSU VP-elect Nurul Haq Nur on Tuesday evening demanded reelection to all the posts of DUCSU, including that of VP, citing irregularities during Monday's polls, reports UNB.He also demanded resignation of the incumbent officials involved in...

Jan tax revenue shortfall widens

Tax revenue collection shortfall became even bigger in January last and stood at around Tk 333.03 billion until January of the current fiscal year (FY), 2018-19. A notable gap in VAT and customs duty mobilisation is largely responsible for the rise in tax revenue shortfall.The National Board of Revenue (NBR)...

Titas Gas proposes gas tariff hike up to 211pc

Titas Gas Transmission and Distribution Company Ltd proposed on Tuesday raising gas tariffs for household users by 80 per cent while up to 211 per cent for consumers of different sectors including power, industry, and motor vehicles, reports UNB.As per the proposal, if it is approved by the energy regulator,...

BD 2nd in mobile malware attacks

Bangladesh had the second highest percentage of mobile malware attacks in the world in 2018, according to a report coming from global cyber security firm Kaspersky. Almost 43 percent of mobile users in the country encountered some sort of mobile malware attacks in the country last year, up from 42.76...

News Watch- (13-03-2019)

SCBA voting begins todayVoting in two-day polls to elect the office bearers for 2019-2020 of Supreme Court Bar Association (SCBA) will begin today (Wednesday). Voting will begin at 10.00am and will continue until 5.00pm with one hour break in the middle on election days. — BSS Khulna div jute mill...