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

Confusion grips small traders over VAT exemption

Small businesses that were enjoying package VAT (value-added tax) system until June 30 are in confusion over the provision of the new VAT law on exemption ceiling.As per the law that took effect from July 01, a business having an annual turnover below Tk 5.0 million is exempted from VAT...

Flood hits 19 dists

Flood condition in the country's different districts deteriorated further on Tuesday following spells of downpour and onrush of water from the neighbouring country.The flood has so far hit a total of nineteen districts, and is likely to affect four more districts in the next twenty-four hours, said the state-run Flood...

BSEC approves public issue rules

The stock market regulator BSEC approved on Tuesday public issue rules, raising the lock-in period for placement shares to two years from one year earlier.The approval came at a meeting held at the Bangladesh Securities and Exchange Commission office in Dhaka.A lock-in period is a predetermined amount of time after...

ICC team in city to assess atrocity probe scope

A delegation of the International Criminal Court (ICC) arrived in the city Tuesday to find out whether there should be a probe into alleged atrocities committed by the Myanmar authorities concerned against the Rohingyas.The delegation -- headed by ICC Deputy Prosecutor James Kirkpatrick Stewar -- will have discussions with Rohingya...

Myanmar team to arrive on July 25

A high power Myanmar delegation will arrive in Dhaka on July 25 to interact with the Rohingya refugees in a bid to convince them to go back to Rakhine, officials of the Ministry of Foreign Affairs (MoFA), Bangladesh said on Tuesday.The visit will take place in line with the Bangladesh's...

Five get death over rape, murder of ex-bank official, her father

A Khulna court has sentenced five people to death for gang-raping and murdering former Exim Bank official Parvin Sultana before killing her father Ilyas Chowdhury in 2015, reports bdnews24.com.Judge Md Mohiduzzaman of Women and Children Repression Prevention Tribunal - 3 announced the verdict on Tuesday.The court also imposed fines of...

News Watch (17-07-2019)

PM to flag off Benapole Express train todayBenapole Express, a new intercity train to ply between Dhaka and Benapole, will start its journey today (Wednesday). Prime Minister Shiekh Hasina will flag off the 'Benapole Express' train through a video conference from Ganobhaban in the city. She will also inaugurate the...