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

Government committed to upholding rights of all: CA tells US Senator

Chief Adviser (CA) Professor Muhammad Yunus on Tuesday reaffirmed the government's commitment to upholding the human rights of every citizen of the country irrespective of their colour, creed, race, sex and gender.The attacks on the minorities, notably Hindus, following the changeover in August last year were politically, not religiously, motivated,...

Trade competitiveness rises as taka value falls

Bangladesh's trade competitiveness on the global market rises as the taka, which was significantly overvalued against the US dollar in January, reasonably depreciated in February.In the past month of February, the real value of the local currency should have been Tk 124.27, but the nominal value stood at Tk 122,...

Govt preparing to outwit dishonest businesses: Adviser

The government is getting more tactful to outwit dishonest businesses, engaged in profiteering, to ensure smooth supply of essential commodities, Finance Adviser Dr Salehuddin Ahmed said Tuesday regarding reported artificial market crisis.Replying to a query over the short supply of edible oil on the market, he cited one instance of...

Israeli strikes kill over 400 in Gaza, ceasefire on brink

JERUSALEM/CAIRO, Mar 18 (Reuters): Israeli airstrikes pounded Gaza and killed more than 400 people, Palestinian health authorities said on Tuesday, ending weeks of relative calm after talks to secure a permanent ceasefire stalled.Israel and Palestinian militant group Hamas each accused the other of breaching the truce, which had broadly held...

NBR suspects foul play in Tk 7.21b declared as remittance

The tax-intelligence team of the National Board of Revenue (NBR) suspects that Tk 7.21 billion in remittances declared by a taxpayer may be linked to arms purchases by close allies of the ousted prime minister, Sheikh Hasina.The large sum, claimed as remittances in the tax records, was declared by an...

More accounts of Hasina, her family members ordered frozen

A lawcourt now orders freezing 31 more bank accounts of deposed Prime Minister Sheikh Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul and her sister Sheikh Rehana and their related organisations over corruption allegations.They deposited Tk 3.94 billion in these bank accounts, the Anti-Corruption Commission (ACC) said in...

ILO defers further action against Dhaka until next March

The International Labour Organization (ILO) has deferred its decision about taking further action against Bangladesh's non-observance of three core conventions until next March.According to the ILO's draft decision that is available on its official website, it also urged the government of Bangladesh to fully commit to a timely implementation of...