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

HC orders list of money launderers, loan defaulters

The High Court ordered on Wednesday the authorities concerned to prepare a list of loan defaulters and money launderers of the last 20 years and submit it to the court, report UNB and BSS.The HC also issued a rule asking the authorities concerned to explain why an order should not...

‘Basanta Utshab’

A mother and her daughter, along with others, enjoying the cultural programme ‘Basanta Utshab’ at Bakultala of the Institute of Fine Arts on Dhaka University campus on Wednesday — FE photo by Shafiqul Alam

Businesses to help in new VAT law implementation

Businesses and VAT (Value Added Tax) officials on Wednesday reached a consensus over the implementing the long-delayed VAT law from next fiscal year.In a close-door meeting with the National Board of Revenue (NBR), the business leaders have expressed their positive views on the implementation of the new law through amendments.A...

BB warns of fraud in Fintech services

Bangladesh's payment service providers will have to take prompt remedial measures against frauds and forgery for ensuring public confidence in the financial system, the central bank has said.Cross-border financial transactions need to be dealt with due diligence because of increasing cyber threat, complexity of transactions and involvement of multiple cross-frontier...

Export performance of many sectors falls short of expectations

Exports from many sectors in the economy either took slow lane of growth or swung between their highs and lows despite subsidies doled out over the years.The sectors putting on this lacklustre show include jute and jute goods, plastic products, agro-products including potato, meat, animal bones and horn-cores, and some...

100pc conviction in ACC-filed ML cases

Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood said on Wednesday the rate of conviction in the money laundering (ML) cases, filed by the commission, reached cent per cent last year.However, he noted that ACC only has the power to investigate bribery and graft-related money laundering cases, while the investigation of remaining...

News Watch- (14-2-2019)

Ministry orders power lines to all secondary schoolsThe Ministry of Education has instructed the authorities concerned to supply electricity to all the secondary educational institutions across the country to facilitate ICT (information and communication technology) education. The Secondary and Higher Education Department of the ministry issued a letter in this...