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

NBR strike ends with biz leaders' help

Trade-disrupting shutdown at the revenue board ends as the NBR Reform Unity Council called off its protest programme on Sunday evening following government's preventive stance and business leaders' mediation.Council president Hasan Mohammad Tarek Rikabder announced the withdrawal of the shutdown programme at a press conference. "Responding to requests from top...

IMF to team up with WB to 'turn the corner'

After setting an "ambitious" but "achievable" revenue mobilisation target for Bangladesh, the International Monetary Fund (IMF) on Sunday said it would jointly work with the World Bank to assist the South Asian nation in achieving the target.Chris Papageorgiou, IMF mission chief for Bangladesh, at a virtual press briefing said the...

Unsatisfactory progress, no decision made

Progress in talks with political parties remained unsatisfactory as no decision was made, said National Consensus Commission (NCC) Vice-Chairman Prof Ali Riaz on Sunday, calling on the parties to come forward to reach a consensus."We had hoped that we all would sign the July Charter on Abu Sayed's death anniversary....

Record annual remittance fetches $31.31b

Bangladesh sees a record in yearly remittance receipt with the accumulated volume of foreign currencies sent by remitters having already crossed $31 billion this outgoing fiscal year -- first in its history.Such record inflow of remittance plays a significant role in bolstering the country's foreign-exchange reserves, giving some respite to...

Govt borrows Tk 117.94bn thru T-bills in single day

The government on Sunday borrowed Tk 117.94 billion in a single day by issuing three types of treasury bills to partly finance its budget deficit.The amount borrowed is well above the pre-auction target of Tk 80 billion, according to the auction results."The government borrowed a substantial amount in today's auction...

Govt reverses course on marking Aug 8 as 'New Bangladesh Day'

The government has decided not to hold "New Bangladesh Day", one of the three national days it had announced to commemorate the July Uprising, reports bdnews24.com. The decision was taken at a meeting of the Advisory Council on Sunday. It was also decided to change the name of "Martyr Abu...

Govt 'fails', NCP will issue July Charter, says Nahid

National Citizen Party (NCP) Convenor Nahid Islam says the government has failed to announce the July Charter, reports bdnews24.com.The party will issue the July Charter itself on Aug 3 alongside the students and the public, he added.Nahid made the remarks on Sunday while announcing 36 days of events to mark...