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

Top 10 corporate taxpayers pay Tk 58b in FY '19

Led by network operator GrameenPhone, taxes paid by top 10 corporate bodies grew by 18 per cent to Tk 58.43 billion during the fiscal year, 2018-19.The country's largest telecom company alone paid Tk 24.06 billion accounting for more than two-fifths of the combined corporate tax the Large Taxpayers Unit (LTU)...

JUXTAPOSITION

A traffic sergeant of Dhaka Metropolitan Police (DMP) checking documents of a private motorbike on the Hatkhola Road on Wednesday noon while a few yards away remains parked a police motorbike that bears no registration number. Under Sections 16 (1) and 16 (3) of the Road Transport Act of 2018...

Govt borrows Tk 230b from banks in 35 days

The government borrowed nearly Tk 230 billion from the country's banking system in the first 35 days of the current fiscal year (FY), 2019-20, to finance its budget deficit partly, officials said."The government's bank borrowing has already increased significantly to adjust higher expenditure for the last month of FY 2018-19...

Santos looking for buyers to sell Bangladesh stake

Australian oil and gas exploration company Santos is eyeing to pull itself out from operations in Bangladesh by selling stakes, which is deemed as a major setback to the country's future energy security.Santos has initiated a fresh search to find out a buyer of its Bangladesh stakes, as its recent...

Rohingya repatriation set to start today

The joint move by the governments of Bangladesh and Myanmar to start repatriation of the Rohingya refugees from today (Thursday) has drawn flak from different quarters.Experts concerned opined that the repatriation move is a 'diplomatic maneuvering' by Myanmar as part of its 'damage control' measure ahead of the UN General...

Two dead in Kashmir gun battle

SRINAGAR, Aug 21(Reuters): Indian security forces killed a suspected militant in a gun battle in Kashmir on Wednesday, police said, the first clash since the federal government removed the special status of the territory this month, fuelling anger.Two policemen were wounded in the fighting that erupted in Baramulla in northern...

News Watch (22-08-2019)

4th JS session to begin Sept 8The fourth session of the 11th parliament will begin on September 8 next after a 59-day recess in the proceedings of the Jatiya Sangsad. President Abdul Hamid on Wednesday summoned the fourth session of the 11th parliament, said a Parliament Secretariat media release. Before...