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

Tk 5.25t budget likely

The government is set to fix GDP (gross domestic product) growth target for the next fiscal year at 8.2 per cent, officials said.The total size of the budget for fiscal year 2019-20 may be around Tk 5.25 trillion, they said.The National Board of Revenue (NBR) will be asked to collect...

Revamp urban LG bodies thru commission: CPD

Bangladesh needs an autonomous commission to ensure effective functioning of urban local government bodies, which can help achieve sustainable development goals (SDGs) by 2030, according to a think-tank.The Centre for Policy Dialogue (CPD), in a report, said Wednesday the local government (LG) bodies cannot perform properly due to factors like...

Padma Bridge work unlikely to meet Dec ‘19 deadline

The much-vaunted Padma Bridge project is once again fated to miss its construction deadline.The Chinese firm, China Major Bridge Engineering (CMBE), was given until December 2019 to complete the work on the 6.15-kilometre road-cum-rail bridge over the river Padma.Sources said the firm of late sought two and a half years...

Death toll rises to 359 in Lanka bombings, 18 more arrested

The death toll from the Easter suicide bombings in Sri Lanka rose to 359 and 18 more suspects were arrested, police said on Wednesday, report agencies.The Islamic State group has claimed responsibility and released images that purported to show the seven bombers who blew themselves up at three churches and...

Steelmakers seek tax favours in next budget

The country's steel manufacturers on Wednesday urged the government not to increase the gas price, saying that the proposed hike would make steel products costlier.They also called for restricting the import of steel rod to help protect the domestic industry.They also requested the government to continue with the existing tariff...

News Watch- (25-4-2019)

Fire at Rohingya camp COX'S BAZAR, Apr 24: At least 55 dwelling houses of Rohingya refugees were burnt to ashes in a devastating fire at the Kutupalong refugee camp. According to sources, the fire originated from a gas cilynder at a kitchen in the Kutupalong Camp No. 5 at around...