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

Lower spending likely to narrow deficit

The country's budget deficit likely to remain below the level projected for the current financial year (FY) 2017-18 due to less-than-expected development and revenue spending.The budget deficit in the six months to December 2017 was Tk 62.77 billion while it was Tk 64.44 billion during the same period a year...

Nation celebrates 99th birthday of Bangabandhu today

The country is set to celebrate the 99th birthday of Father of the Nation Bangabandhu Sheikh Mujibur Rahman today (Saturday) in a befitting manner, reports BSS. Since re-assumption of state power in 1996, Awami League has been observing the day as the National Children's Day as Bangabandhu liked to spend...

Tigers clinch thriller

Bangladesh beat Sri Lanka by two wickets on Friday in the sixth and crucial Twenty 20 match of the Nidahas Trophy tri-nation series, played at the R Premdasa Stadium in Colombo.Mahmudullah Riyad hit the all-important sixer off the second last ball of the innings to clinch the win. It was...

Govt rethinks tax rebate on savings tools

The government rethinks the continuation of tax rebate facility against investment in savings tools as a section of people are allegedly misusing such opportunity, officials said.The National Board of Revenue (NBR) has been asked to review the impact of tax rebate facility, taking into consideration the government's cash management risk,...

Three more Nepal plane crash survivors return home

Three more Bangladeshis who survived the US-Bangla plane crash in Nepal returned home on Friday as the CID of police was getting ready to start collecting DNA samples on Sunday from relatives back home of the 26 people who died in the aviation tragedy on Monday, report agencies.The Biman Bangladesh...

Bangladesh fulfils criteria

Bangladesh fulfilled all criteria, by latest UN assessment, for entry into a higher phase of socioeconomic development through graduating from its LDC status. Officials said following Friday's announcement by the world body, Bangladesh will formally graduate from the LDC (Least Developed Country) category as a nation by 2024, subject to...

UN launches $1.0b appeal

GENEVA, Mar 16 (AFP): The United Nations launched on Friday an appeal for nearly $1 billion to care for Rohingya refugees in Bangladesh, while underscoring that efforts must remain focused on securing the safe return to Myanmar of those displaced. UN agencies asked for $951 million (774 million euros) through...

News Watch (17-03-2018)

Unicef to provide $113m to help kidsUnicef, as part of the Rohingya joint-response plan, will provide $113 million to meet the needs of 720,000 children - Rohingya as well as Bangladeshi children in the communities hosting them - through the end of 2018. The "extraordinary efforts" of the Bangladesh government,...