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

Jute exporters count addl $100/tonne as freight cost

Jute-goods exporters now wobble under pressure of mounting transportation costs for using sea route, stakeholders say, as Indian land-port ban on Bangladeshi exports takes its toll. Due to the restrictions-in a trade spat evidently following the July uprising in Bangladesh--millers and exporters are now forced to send jute goods by...

Bangladesh prepares for third-round negotiation

Bangladesh now braces with preparation for a third-round tariff negotiations with the United States as hopes are yet alive for the lowering of a 35-parecnt duty wall built against its exports. Commerce Adviser of the interim government Sk Bashir Uddin apprised reporters of the latest developments at a press conference...

Parties poles apart on parliament's upper house formation

There was no denying that bicameral parliament is crucial to representing diversity of society, political parties yet stood poles apart on modus operandi of the formation of the upper house. The National Consensus Commission stated such dilemma after Monday's conclave with political parties on state-reform agenda undertaken by the post-uprising...

Call money market falters amid trust deficit

The call-money market's vibrancy continues to wane as trust deficit in the banking sector prompts the switch of the affluent banks' surplus funds to the state-secured standing deposit facility (SDF) despite lower gains.Because of the switch, the volume of cash deposits in the SDF continued ballooning in recent times while...

Tax intel unearths Tk 18.74b tax evasion in Dec-Jul period

Income Tax Intelligence and Investigation Unit (ITIIU) has uncovered Tk 18.74 billion in tax evasion after preliminary investigations into 183 taxpayers during the December-July period.Of the taxpayers, both individual and corporate, 63 have already paid Tk 1.17 billion in taxes through 231 e-challan payments, as the evasion came to light....

Snapped in real time:

The lives of working-class people are often marked by hardship, pain, and relentless struggle. Accidents frequently add to their misery, making life even more difficult to bear. In the photo, a day-labourer carrying a log on his shoulder is seen injuring himself after slipping while disembarking from a mechanised boat....