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

ICG urges EU support for Bangladesh economy

An overwhelming support the interim government enjoyed in the immediate aftermath of Hasina's downfall has begun to wane and pressure to deliver concrete results mounts, International Crisis Group (ICG), an international agency, says and urges EU support for the Bangladesh economy. "But while the euphoria that accompanied Hasina's ouster translated...

Half-yearly imports go up by 2.65pc

Bangladesh's overall imports increased slightly in the first half (H1) of the current fiscal year ahead of the upcoming Ramadan, with officials saying the removal of letter of credit (LC) restrictions by the central bank has played a role in this regard. Actual imports in terms of LC settlements rose...

67 perish as plane collides with helicopter, crashes in Washington

WASHINGTON, Jan 30 (AFP): A US passenger plane carrying 64 people crashed into Washington's chilly Potomac River on Wednesday after colliding mid-air with a military helicopter near Reagan National Airport, prompting a major emergency response and the grounding of all flights.No one is believed to have survived, officials say, with...

Green-data centre under PPP to be set up in Ctg

Country's maiden green-data centre will be established near the port city of Chattogram to encourage foreign investment and provide cheaper services. The Asian Development Bank (ADB) and the Bangladeshi government have partnered to set up the data centre, according to BMI, a unit of Fitch Ratings. The project, to be...

Fakhrul, Khasru to attend Trump's breakfast event

Bangladesh Nationalist Party (BNP) Secretary General Mirza Fakhrul Islam Alamgir and Standing Committee Member Amir Khasru Mahmud Chowdhury are set to travel to the United States to attend a special breakfast hosted by US President Donald Trump.According to sources, both senior BNP leaders will leave Bangladesh on February 02.During their...

Court orders Tk 3.68 billion assets’ seizure

A Dhaka court on Thursday ordered confiscation of immoveable property worth Tk 3.68 billion owned by S Alam Group Chairman Mohammed Saiful Alam and his family members. Judge of the Metropolitan Senior Special Judge's Court in Dhaka Md Zakir Hossain passed the order after hearing a petition filed by the...

Shab-e-Barat on Feb 14

Holy Shab-e-Barat will be observed on the night of February 14 as the Shaban moon was not sighted in the country on Thursday, reports UNB.As the moon was not sighted, the holy month of Shaban will begin on February 1 and Shab-e-Barat will be observed on February 14. The decision...

NBR extends tax return submission deadline

The National Board of Revenue (NBR) has extended the time for submission of tax returns by both individuals and corporate taxpayers until February 16, 2025 and March 15, 2025 respectively.The deadline for individual taxpayers was scheduled to expire on January 31, 2025 and that for corporate taxpayers was supposed to...

Disparity in wealth distribution upsets poverty reduction

A disquieting regional disparity in wealth distribution poses a challenge to poverty-reduction recipe as Bangladesh's poverty map shows a yawning gap between higher and lower hunger rates in districts.It depicts stark gaps in economic advances across the country, with the poverty rate in Noakhali district recording at only 6.1 per...