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

DSE index dips to 28-month low

The prime index of the Dhaka Stock Exchange (DSE) tumbled to a 28-month low on Monday as sharply reacting investors staged a token hunger strike. DSEX, the prime index of the key bourse, plunged by 62.73 points or 1.20 per cent to settle at 5,175.It has been the lowest level...

Apex trade body to seek cut in corporate tax rates

The country's apex trade body is set to propose upward adjustment of tax-free threshold for individual taxpayers, reduction in the corporate tax rates and withdrawal of advance tax for import of raw materials for the upcoming budget.In its budget proposal for financial year (FY) 2019-20, the Federation of Bangladesh Chambers...

All BNP MPs-elect sans Fakhrul take oath

Another four BNP leaders took oath as members of parliament, but Secretary General Mirza Fakhrul Islam Alamgir opted out, reports bdnews24.com.They are Ukil Abdus Sattar from Brahmanbarhia-2 seat, Harun-ur-Rashid from Chapainawabganj-3, Aminul Islam from Chapainawabganj-2 and Mosharraf Hossain from Bogura-4.The BNP won only six seats in the December 30 polls....

Get land pricing right to make SEZs viable

Experts at a discussion suggested Monday the revision of land prices, development of human resources and inclusion of small and medium enterprises in special economic zones (SEZs) to get the desired outcomes through industrialisation.They also called for safeguard measures, especially in preventing environment pollution, the protection of wetland and hills...

Higher demand pushes dollar up

The exchange rate of Bangladesh Taka (BDT) depreciated significantly against the US dollar on Monday mainly due to higher demand for the greenback for settling the import bills.The local currency depreciated by 10 poisha in the inter-bank foreign exchange (forex) market on the day after 22 days, according to market...

Xi pledges zero tolerance for graft

Beijing wore a festive look last week when as many as 37 world leaders gathered in the Chinese capital to attend the Second Belt and Road Forum for International Cooperation (BRF). More than 5,000 participants from 150 countries were in Beijing for the three-day summit that ended on April 27....

Lanka bans covering face with veils

Muslim women have been banned from wearing face veils under an emergency law passed by Sri Lanka's President; days after more than 250 people were killed in series of bombings in Colombo, report agencies.A statement from the President's Media Division on Sunday said covering of the face with veils, in...

News Watch- (30-4-2019)

Office timing from 9am to 3:30pm for RamadanThe government has rearranged the office timing for the upcoming holy month of Ramadan from 9.00am to 3:30pm for all government, semi-government, autonomous and semi-autonomous institutions. The decision was taken on Monday at the weekly cabinet meeting held with Prime Minister Sheikh Hasina...