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

Create safe environment for business

Small traders from Dhanmondi, Mohammadpur, Shaymoli, and Adabar in Dhaka said weak enforcement of law and order, high interest rates, limited access to finance, complex VAT and tax systems, harassment, and lack of automation pose obstacles to investment and business growth. They noted that these issues, along with severe traffic...

Big loan defaulters queuing up for 'relief'

A loan-recovery support committee has so far verified 20 applications of big defaulters of loan ranging from Tk3.0 billion to Tk 80 billion to facilitate recovery of the credits, as the interim government has launched a financial-cleanup drive. Officials said Saturday the panel had reviewed the accumulated problematic and non-performing...

BD convinces IMF to reduce addl revenue target by Tk170b

The government has successfully convinced the International Monetary Fund (IMF) to relax its ambitious tax revenue mobilization target for the National Board of Revenue (NBR).The IMF has agreed to cut down the additional tax revenue collection target by Tk 170 billion for the next fiscal year taking into consideration the...

World bids farewell to Pope with massive funeral

VATICAN CITY, Apr 26 (Reuters): Presidents, royalty and simple mourners bade farewell to Pope Francis on Saturday at a solemn funeral ceremony, where a cardinal appealed for the pontiff's legacy of caring for migrants, the downtrodden and the environment to be kept alive. Pope Francis was buried inside his favourite...

CA joins funeral mass of Pope

Bangladesh Chief Adviser Professor Muhammad Yunus joined the funeral mass of Pope Francis at St. Peter's Square in Vatican City on Saturday.The Chief Adviser was greeted by senior officials of the Vatican as he entered St. Peter's Basilica, where the mortal remains of the Pope were lying in state, said...

Pak soldiers fired at border posts: India

SRINAGAR (India), Apr 26 (AP): Pakistani soldiers fired at Indian posts along the highly militarized frontier in disputed Kashmir for a second consecutive night, the Indian military said Saturday, as tensions flared between the nuclear-armed rivals following a deadly attack on tourists last week.India described the massacre, in which gunmen...