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

Bureaucrats’ tax privileges come under NPC review

The National Pay Commission (NPC), now working on a new pay scale for government servants, is going to undertake a review of tax privileges enjoyed by the latter to minimize long-persistent disparity with private employees. It is a long-debated issue which seems still sidelined in the interim government's reform agenda...

India ready to engage with any govt after BD election

India is ready to engage with any government that emerges from Bangladesh's forthcoming elections as their policy remains "people-centric, pragmatic and non-partisan", says a spokesperson in an update on Delhi's stance on bilateral ties in post-uprising period.The remarks come from India's Foreign Secretary, Vikram Misri, while speaking to a visiting...

BB buys $104 million through auction

The central bank purchased US$ 104 million more through auction from 8 banks on the interbank spot market on Monday to keep the exchange rate of the US dollar against the local currency stable.The amount was bought under the Multiple Price Auction method and rate ranged between Tk 121.78 and...

Banks owning laundered assets asked to sign deals with global firms

Banks owning laundered assets are directed to sign deals with competent global firms in a regulatory firman that says a dozen stolen-asset-recovery groups are ready for hire to launch the hunt. Bangladesh Bank (BB) Monday issued the instructions for such commercial banks to enter into non-disclosure agreement (NDA) with internationally...

Inflation inches up on price rises

Inflation in Bangladesh rebounds after a recession as September rate rose to 8.36 per cent compared to the preceding month, with the index mainly pushed up by price rises.Living in villages has become costlier in recent times as the inflation rate in the rural Bangladesh last month was higher than...

Depositors to get 11.61pc profit for FY'25

The National Pension Authority (NPA) has announced an 11.61-percent profit for investors in its pension schemes for the fiscal year (FY) 2024-25.The NPA board of directors approved the profit at a meeting on Monday, chaired by board chairman and finance adviser Dr Salehuddin Ahmed at the Finance Division conference room...

Displaced Palestinian children help each other to carry a jerrycan filled up with drinking water

Displaced Palestinian children help each other to carry a jerrycan filled up with drinking water from a mobile cistern at the Bureij camp for refugees in the central Gaza Strip on Monday. — AFP