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

Business biggies lead massive tax evasion

Tax evasion in Bangladesh surged to some Tk 2.26 trillion in a single year of 2023 that equals to a steep 91 per cent of the tax-revenue collected until March of this fiscal. According to a think-tank that unveiled the latest available statistics, corporate sector led the way in evading...

Fixing minimum wage, labour safety, union rights among must-haves

Fixing national minimum wage, relaxing the conditions on organising trade union and creating government database on labour are in a comprehensive package of must-haves suggested by a panel for uplift of the economy's lifeline.The Labour Reform Commission (LRC) has also suggested establishing a permanent Labour Reform Commission, making an emergency...

Yunus off to Doha to attend Earthna Summit

Chief Adviser Prof Muhammad Yunus left Dhaka for Doha on Monday evening on a four-day visit to attend the Earthna Summit 2025 and discuss issues of mutual interest with Qatar's leadership, aiming to strengthen economic cooperation.The Chief Adviser departed for Doha at 7:00pm from Hazrat Shahjalal International Airport by a...

Pope Francis dies at 88

VATICAN CITY, Apr 21 (Agencies): Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said on Monday, ending an often-turbulent reign marked by divisions and tensions as he sought to overhaul the hidebound institution.He was 88, and had suffered a serious bout of...

Gold prices up Tk 4,712 in a day

The price of gold keeps mounting in the local market, taking the precious metal almost out of the limited-income groups' reach.With the latest revision that came into effect on Monday by Bangladesh Jewellers' Association (BAJUS), the price of gold went up by Tk 4,712 in a day, taking the value...

Move to make savings tools tradable

The government wants to make national savings instruments tradable to make them more attractive to people and enhance the number of instruments on the debt market, officials have said.Presently, savings instruments are not tradable in any way and cannot be used as collateral for taking loans like fixed deposit receipts...

Govt to clear all QatarEnergy dues by tomorrow

The government is set to clear all outstanding payments worth US$ 72.40 million for Liquefied Natural Gas (LNG) purchases from QatarEnergy by tomorrow (Wednesday).The issues regarding the payment of arrears were resolved at a meeting in Petrobangla on Monday. Chevron Bangladesh has recently received its outstanding payments from the state-owned...

5.0pc people own 30pc income

Disparity in Bangladesh deepens with 5.0-percent fortunate people in high-income group owning 30 per cent of the national income, in signs of overconcentration of wealth. Such a situation of disparate redistribution of national wealth is painted in a report prepared by the reform commission on labour issues.The main reasons cited...

NIDs of Hasina, nine other family members locked

The National Identity Registration Wing under the Election Commission (EC) has locked the National Identity Cards (NIDs) of 10 people, including former Prime Minister Sheikh Hasina, reports UNB.The Election Commission took action against the 10 people through a letter.The other members were Sajeeb Wazed Joy, Saima Wazed Putul, Sheikh Rehana,...