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

Foreign banks easing credit lines, fuel suppliers lowering risk premiums

Foreign banks begin easing line-of-credit backup to local banks and fuel suppliers lowering risk premiums as spinoffs from a steady rise in remittance into Bangladesh, sources say, as April receipt sets a record. The country received US$2.75 billion worth of remittances in the just- passed month of April, billed second-largest...

ADB signals budget-support credit to BD

A signal comes from the Asian Development Bank (ADB) about considering 'letter of comfort' from the IMF to extend budget-support finance to Bangladesh.ADB Vice President Yingming Yang gave the indication in a meeting with Finance Adviser of the interim government Dr Salehuddin Ahmed Sunday on the sidelines of the 58th...

Aid channel may aid Rohingya repatriation: NSA

Channeling aid to Rakhine State in Myanmar from Bangladesh may open up an opportunity for Rohingya repatriation, says a government high official while dispelling hearsay about corridor discussion. Dr Khalilur Rahman, National Security Adviser and High Representative of the Chief Adviser of the interim government, Sunday outlined four conditions for...

NBR halts manual system, preparing for digital one

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Sunday said the NBR has halted manual tax-audit selection in preparation for a risk-based digital audit system and plans a performance-measurement mechanism to track all the suspects made by tax officers. He also said all potential taxpayers who did...

BD bans cattle import ahead of Eid-ul-Adha

No cattle will be allowed to enter the country, as the Ministry of Fisheries and Livestock imposed a ban on cattle import on Sunday.Farida Akhter, adviser of the ministry, stated that cattle imports would not be permitted this year for the Eid-ul-Adha due to a surplus of livestock in the...

Court orders freezing of Aziz Khan, family's shares

A Dhaka court has ordered the freezing of shares in Luxembourg belonging to Summit Group Chairman Aziz Khan, his family and entities associated with him following the seizure of bank accounts and land, reports bdnews24.com.Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib issued the order on Sunday following a...