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

Two tranches of loan now expected together in June

Two tranches of funds from the IMF lending package to Bangladesh are now expected together in June, after further delays in release of one amid dilemmas, the finance adviser indicates. Dr Salehuddin Ahmed looks to deferred placement of amalgamated fund-release proposals before the International Monetary Fund (IMF) board, now expected...

Resolve Teesta issue, stop border killings

LALMONIRHAT, Feb 17 (UNB): BNP Secretary General Mirza Fakhrul Islam Alamgir on Monday urged India to resolve the Teesta-water sharing issue, stop border killings, and shun its 'big brother' attitude to maintain good relations with the people of Bangladesh."We would like to make it clear to India that if you...

Tax collection trails target with growth in negative trajectory

Tax collection against the submitted returns declined 1.53 per cent despite extending submission time thrice and the number of returns having increased by 150,000, possibly as the well-off remain on the run. On the other hand, the overall tax receipt by the revenue board trails the target far off in...

Allowing competition a must-do to attract FDI

Bangladesh ought to open up its market for ensuring enhanced foreign investment, the European Union suggests as the bloc eyes business potential in various sectors and prospects for greater exports. The EU Ambassador in Bangladesh, Michael Miller, made the observations Monday and also made it clear that to sustain duty-free...

Financial hardship crumbles RMG workers' participation

Financial constraints, followed by fears of job cuts, premium loss and uncertainty of seamless premium, are top reasons that bar ready-made garment workers from participating in Universal Pension Scheme (UPS), according to a latest study.About 99 per cent of the surveyed RMG workers were found uninterested in the UPS. Majority...

US, Russian officials meet in KSA today

LONDON/PARIS, Feb 17 (Reuters): Britain said it was ready to send peacekeeping troops to back up any peace deal for Ukraine as European leaders gathered on Monday to agree a unified strategy, while Russian and US officials prepared to meet for their own competing talks.The Europeans were holding an emergency...