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

DSEX dips to 30-month low

The country's premier bourse suffered a big jolt on Monday as its prime index plunged to a 30-month low.DSEX, the core index of the Dhaka Stock Exchange (DSE), plunged by 88 points or 1.70 per cent to settle at 5,091.It is the lowest level of the index since January 01,...

Flood situation worsens further

The flood situation in different districts of the country worsened further on Monday with spells of rainfall and onrush of water from upstream.So far flood hit a total of 19 districts as water level rose further at 78 points of 61 rivers on the day. Above 0.8 million people were...

PPP Office seeks a host of tax benefits for new areas

The Public Private Partnership (PPP) Authority has sought tax benefits for some new areas to help attract private investors, officials said.The agency, under the Prime Minister's Office (PMO), has requested the revenue board to offer the benefit for utility services such as power transmission and water supply.Other sectors include multi-modal...

Banks, NBFIs, other agencies asked to freeze accounts of 11

The government has asked scheduled banks, non-banking financial institutions (NBFIs) and other financial reporting agencies to freeze the accounts of nine former directors and two other high officials of People's Leasing and Financial Services Limited (PLFSL).The order would apply to former directors, who had been on the PLFSL's board until...

Accused stabbed dead by another in front of judge during hearing

CUMILLA, July 15 (UNB): An accused in a murder case stabbed another accused to death in front of the judge in a courtroom here during hearing on Monday.The deceased was identified as Faruk, son of Ohid Ullah of Monoharganj in the district.The shocking incident took place in front of Judge...

BPC moves closer to securing $1.2b costlier ITFC loan

The state-run oil marketing arm BPC is set to receive a costlier loan of US$ 1.20 billion from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products in the calendar year 2020.Officials said the Bangladesh Petroleum Corporation (BPC) negotiated the loan at an interest rate of 4.50 per...

News Watch (16-07-2019)

PM for boosting waterway connectivity with IndiaPrime Minister Sheikh Hasina emphasised on Monday strengthening waterway connectivity to promote trade and commerce between Bangladesh and India. She put emphasis on increasing the connectivity when Indian High Commissioner in Bangladesh Riva Ganguly Das paid a courtesy call on her at her official...