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

Beximco deep in debt of Tk 500.98b

Beximco Group of companies owes Tk 500.98 billion in unpaid loans and liabilities, the central bank said in court submissions on the beleaguered conglomerate's current situation. The business group's 'default' loan is recorded as Tk 255.23 billion and 'classified' loan Tk 310.75 billion, the Bangladesh Bank said in a report...

Victory Day today

The nation is set to celebrate today the Victory Day, the most joyous day when the country was born at the cost of the supreme sacrifice of three million martyrs and the honour of nearly half a million mothers and sisters, with elaborate programmes.On this glorious day in 1971, Bangladesh...

Government employees to get DA

Senior Secretary of the Ministry of Public Administration Md. Mokhles Ur Rahman has said that government officials and employees will receive a dearness allowance.Speaking at a press conference on Sunday on the report of the Dearness Allowance and Deprivation Elimination Committee, Rahman said that employees on post-retirement leave would also...

Inflation stubborn on nexus of extortionists

A tripartite "agreement on extortion" in the marketing and transportation of products is the reason behind inflation staying indomitable despite duty cuts, the finance adviser of the interim government said Sunday. On a note of worry over the high prices consumers have to pay notwithstanding the fiscal interventions Dr Salehuddin...

Medical tourism abroad costs Bangladesh dearly

Medical tourism abroad costs Bangladesh dearly as Bangladeshis spend US$5 billion annually on record only while treatments taken on tourist visas remain unaccounted for. Experts and economists unveiled Sunday such a hopping figure of expenses on account of foreign treatments, while Bangladesh reels from foreign-exchange crunch for long with the...

iVAS to remain shut for 96hrs from 7am Dec 19

Automated VAT system of the National Board of Revenue (NBR) would remain shut for 96 hours from 7.0 am on December 19 to shift the network.Vendor BDCom Online Limited would take over the network system from previous vendor Access Telecom (BD) limited and make it fully online on December 23,...