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

Banks urged to develop data depository

Banks should create their own data bank to help prevent trade-based money laundering using their services, speakers at a programme said Monday.They said the data should be open for use by all the commercial banks so that they can share information. The speakers said all relevant organisations including the National...

Two children swimming

Two children swimming in the artificial water body around the Glass Tower at Suhrawardy Udyan in the city on Monday to cool off from the scorching heat — FE photo by Shafiqul Alam

Poor receipts prompt govt to cut tax collection target

The government has revised the tax collection target downward to Tk 2.80 trillion for the current fiscal year following lacklustre trend in receipts, people familiar with the development said.The original target for the tax revenue collection was set at Tk 2.96 trillion.They said the target for all three wings has...

NEC set to endorse today Tk 2.02t ADP for FY ’20

The government is going to approve today (Tuesday) a Tk 2.02-trillion Annual Development Programme (ADP) for the next fiscal year (FY), 2019-20, allocating the highest fund to the transport sector, officials said on Monday.A meeting of the National Economic Council (NEC), to be held in the capital, is likely to...

Raise Rohingya issue with int'l community

Foreign Minister Dr AK Abdul Momen has called on the Asian Development Bank (ADB) to raise the Rohingya issue with the international community and help secure necessary funding and other humanitarian supports for the refugees.He made the call during a meeting with ADB Country Director Manmohan Prokash at his office...

Salespersons displaying a variety

Salespersons displaying a variety of sarees for Eid shoppers at a shopping mall at Chamelibagh in the city on Monday — FE photo

News Watch (21-05-2019)

HC orders to form team to monitor fruit marketsThe High Court (HC) ordered on Monday authorities concerned to form teams to monitor fruit markets and warehouses across the country so that none can use chemicals on fruits. A High Court division bench passed the order after holding hearing on a...