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

BD opts for DFQF facility in China

Bangladesh has finally decided to sign a 'letter of exchange' to enjoy duty-free and quota-free (DFQF) market access on 97 per cent tariff lines in China, trade officials have said.But to avail of the facility, Bangladesh will have to drop the benefits it now enjoys in the Chinese market under...

PM joins opening ceremony of 25th CHOGM in London

LONDON, Apr 19 (BSS): Bangladesh Prime Minister Sheikh Hasina joined the heads of governments of Commonwealth nations as Queen Elizabeth-II opened their 25th summit welcoming the leaders to "my own home" at Buckingham Palace.London hosts the Commonwealth Heads of Government Meeting (CHOGM) for the first time in 20 years, a...

US mulls sanctions against Myanmar over Rohingya

The United States contemplates imposing direct sanctions against Myanmar for what it calls "a clear case of ethnic cleansing", a senior American diplomat said Thursday."People in congress and administration are talking about it (sanctions)," said US ambassador at large on international religious freedom Sam D Burnback, He disclosed this while...

Castro era ends in Cuba

HAVANA, Apr 19 (AP): A 57-year-old bureaucrat is scheduled to take Raul Castro's place as the president of Cuba on Thursday as a government led by a single family for six decades tries to ensure the long-term survival of one of the world's last communist states.Members of the National Assembly...

Law minister finds editors' concern logical

Law Minister Anisul Huq termed on Thursday the Editors' Council concern over some sections of the proposed Digital Security Act logical, reports UNB. He gave assurance that steps would be taken so that the editors could place their recommendations in a parliamentary body meeting in this regard on April 22.He...

NBR forms body to implement new VAT law

A joint working committee has been formed recently to take necessary steps for implementing new Value Added Tax (VAT) law from the fiscal year 2019.The committee comprises representatives of the revenue board and the apex chamber.The working committee will also help build the capacity of the VAT administration and make...

Three-wheeler vehicles to come under tax net

The government will bring three-wheeler vehicles, including Compressed natural gas (CNG)-run auto-rickshaws, under its tax net in the budget for the upcoming fiscal year (FY), 2018-19."We will bring the three-wheelers under tax net from the next budget. We will also make trade license and Electronic Tax Identity Number (E-TIN) compulsory...

News Watch (20-04-2018)

PM clears 13 files digitally from UKLONDON, Apr 19: Prime Minister Sheikh Hasina, who is now in London to join the Commonwealth Heads of Government Meeting (CHOGM), has cleared 13 urgent files digitally. "Despite her busy schedule in London, the prime minister is running office digitally and clearing files regularly,"...