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

Govt's borrowing from banks on track to rise

The government's higher borrowing from both the central bank and commercial banks is set to pick up mainly due to revenue shortfall in recent months, officials and bankers said.The previous borrowing, which was availed by the government to meet extra expenses for holding the December 30 national polls, is being...

Banks in a fix over effective date of slashed source tax

The majority of the banks are in confusion over the effective date of reduced source tax on export proceeds as it remains unclear in the revenue board's order.On January 01, the National Board of Revenue (NBR) slashed the source tax for all exporters including readymade garments and leather, except jute,...

Trade, polls top agenda of US-BD FOC meeting

Trade and investment promotion as well as the December 30 general election will be high on the agenda of the US-Bangladesh foreign office consultation (FOC) meeting, to be held in Washington on January 22."From our side the main agenda will be how to woo more US investment in Bangladesh. Political...

Scramble for Brexit consensus after May's crushing defeat

LONDON, Jan 16 (Reuters): Prime Minister Theresa May was looking on Wednesday to forge consensus in parliament on a Brexit divorce agreement after the crushing defeat of her own deal left Britain's exit from the European Union in disarray 10 weeks before it is due to leave.The day after her...

CEC brushes aside TIB report on poll irregularities

Chief Election Commissioner KM Nurul Huda trashed on Wednesday the Transparency International Bangladesh's (TIB's) report over vote fraud in the 11th general election saying that it is not authentic, reports UNB."I'm rejecting it completely. It's not an authentic report," he told reporters after a programme at Election Training Institute in...

Pedestrians crossing

Pedestrians crossing the Shantinagar point of the Maghbazar-Mouchak flyover on Wednesday risking their lives with the Traffic Awareness Fortnight being observed — FE photo by KAZ Sumon

News Watch- (17-1-2019)

20 missing as trawler capsizes in MeghnaMUNSHIGANJ, Jan 16: At least 20 people went missing as a soil-laden trawler capsized in the Meghna River at Charjhapta in Sadar upazila on Wednesday. The trawler with 34 workers aboard from Cumilla sank in the river after colliding with an oil-laden tanker while...