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

NPLs swell 19.51pc in 2017

The volume of non-performing loans (NPLs) in the country's banking system jumped 19.51 per cent or Tk 121.31 billion in the last calendar year (2017) despite close monitoring of the central bank.The NPLs rose to Tk 743.03 billion as on December 31 last year, from Tk 621.72 billion on the...

BSEC body reports back on Chinese Consortium offer

The appraisal committee of the securities regulator submitted on Thursday its report on the Chinese Consortium's proposal to be a strategic partner of the premier bourse DSE.A four-member committee of the Bangladesh Securities and Exchange Commission (BSEC) submitted the report to the commission after looking into the Chinese Consortium's proposal."The...

NBR invites trouble after doctoring tax collection data

The National Board of Revenue (NBR) has run into trouble of setting increased tax collection target after "intentionally" cooking up last fiscal's receipt, people familiar with the situation said.The board's tax collection growth target for the current fiscal year (FY 2017-18) shot up from the projected 35 per cent to...

Nepal corrects plane crash death toll to 49

The number of deaths in the US-Bangla aircraft crash has been corrected by Nepal's Home Ministry on Wednesday. In a statement, the ministry said a total of 49 people, including the crew members, were killed in the crash that took place at Nepal's Tribhuvan International Airport on Monday. Of the...

Dhaka more expensive than many S Asian cities: EIU

Dhaka has become cheaper than 12 months ago as it has fallen 10 places in rankings on the Worldwide Cost of Living Index 2018, reports benews24.com Thursday.But the Bangladesh capital is still the 72nd most expensive city relative to others, and more expensive than Bangalore, Chennai, Karachi and New Delhi...

News Watch (16-03-2018)

284 from 36th BCS exam to fill non-cadre postsThe Bangladesh Public Service Commission (PSC) recommended on Thursday recruitment of 284 candidates from the 36th Bangladesh Civil Service (BCS) examination with the status of class one non-cadre officials. The recommendation was made as per the amended Non-cadre Posts Recruitment Rules 2014,...