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

DSE weighs resuming share-netting system

Bourses are contemplating resuming share-netting facility after 17 years as they believe this trading system will help reverse the slumping turnover. Netting is used in share trading, where an investor can change his position on a single day. For example, if an investor sells 100 shares of a security in...

Genocide Day today

The nation is set to observe the 'Genocide Day' today (Monday) in a sombre mood, commemorating the brutalities and cowardly attacks carried out by the Pakistani occupation forces on the unarmed Bangalees on the night of March 25 in 1971, reports UNB.On the black night of March 25 in 1971,...

ICAB suggests 2.0pc cut in corporate tax

The Institute of Chartered Accountants of Bangladesh (ICAB) Sunday suggested 2.0 per cent cut in the corporate tax in the budget for the next financial year (FY).Investors would be encouraged to invest more funds following such cut and help generate additional employment opportunities.Corporate tax rate in Bangladesh is one of...

Ridesharing start-ups fail to woo CNG autos

App-based ride-hailing start-ups have so far failed to bring CNG-run auto-rickshaws to their platforms due to unwillingness of drivers and their disagreement with vehicle owners over income sharing.At least seven start-ups had attempted to introduce app-based auto-rickshaw calling service for the city dwellers, but their efforts are now on the...

At least 134 Fulani herders killed in Mali

Gunmen killed at least 134 Fulani herders in central Mali on Saturday, a local mayor said, the deadliest such attack of recent times in a region reeling from worsening ethnic and jihadist violence, reports Reuters.The assaults on the villages of Ogossagou and Welingara took place as a UN Security Council...

No deposit, lending thru FIs’ biz dev centres

Bangladesh Bank (BB) asked on Sunday financial institutions (FIs) to avoid all financial transactions involving taking deposit and giving loan or lease through the business development centres, according to a central bank circular issued on Sunday. "Business development centres of FIs cannot perform any financial transactions regarding deposit or credit...