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

Muhith fears entry of black money into economy ahead of election

Finance Minister AMA Muhith on Sunday raised an alarm for the bankers, saying that black money might start rolling into the mainstream economy ahead of the upcoming parliamentary polls.To stem the entry of the tainted money, he asked the Bangladesh Bank (BB) to remain more cautious about spreading the unaccounted...

Dhaka seeks Jakarta's support to be Asean's dialogue partner

Bangladesh has sought Indonesia's support in favour of Bangladesh's request for Sectoral Dialogue Partnership with Association of Southeast Asian Nations (Asean), reports UNB.Prime Minister Sheikh Hasina reiterated her government's keen interest to intensify trade, economic and regional peace and security partnerships with Asean countries and sought support to that end.Indonesian...

'Contractionary' monetary policy imperative to contain poll-time splurge

Economists suggest the forthcoming monetary policy should be "contractionary" to manage impact of election-time splurge on the economy and multifarious tensions persisting on the money market.However, some key targets set in the June-December monetary policy statement (MPS) for the first half of this fiscal year remained unmet mainly because of...

VAT digitisation almost halts as no proposal yet from FBCCI

Digitisation of VAT process remains almost stalled due to delay in getting amendment proposals to the existing VAT rules from the business community.The process remained shelved for the last two months due to such unusual delay, said a senior VAT official."The VAT wing needs to change a number of documents,...

UK may lift ban on direct cargo flight in 15 days

Restriction on direct cargo flight to the UK may go within next 15 days as fruitful discussions were held between the authorities of the two countries.Chairman of the parliamentary standing committee on civil aviation ministry Faruk Khan told the media on Sunday after emerging from the committee's 34th meeting held...

Customs nab 'gold smuggler' with Saudi Riyals

Customs Intelligence (CI) officials arrested one passenger - Md Sobhan Sheikh - with foreign currency at Hazrat Shahjalal International Airport (HSIA) in the capital on Sunday midnight. The arrested person, having passport no-BQ0261478, lives at Srinagar upazila of Munshiganj. He went to Malaysia on January 25 and returned on January...