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

Shortfall forces NBR to consider trimming tax collection target

The government is considering chopping its tax revenue collection target by nearly Tk 280 billion after the receipt dropped in the seven months to February.The National Board of Revenue's tax collection shortfall reached Tk 175.12 billion in July-February period of the current financial year.To achieve the cumulative tax collection target...

No cut in yield rates on savings tools: NBR chief

FE ReportNational Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said the government has no plan to reduce the yield rates on state-owned savings certificates."We will try to keep unchanged the existing rates of yield on government's savings instruments to consider the interests of small savers," he said on Saturday...

Khaleda in jail again after check-up at BSMMU

Nearly two months after she was sent to Old Dhaka Central Jail, BNP Chairperson Khaleda Zia came out of it for the first time on Saturday and underwent some medical tests at Bangabandhu Sheikh Mujib Medical University (BSMMU) for her illness, reports UNB.A black Pajero jeep carrying Khaleda left the...

Services account deficit soars to record high level

Bangladesh's services account deficit hit a record high in the seven months to January as the payment for freights jumped by nearly 24 per cent on back of rise in the external trade, the central bank said.Services account is part of the balance of payment (BoP), which includes transportation, travel,...

BPC getting bids for oil supplies

FE ReportState-owned Bangladesh Petroleum Corporation is now receiving bids from oil suppliers to import upto 1.52 million tonnes of diesel, jet fuel, furnace oil and octane during July-December period under open tendering.The volume of petroleum product the BPC sought to import is around 43.39 per cent higher than it purchased...

JS session begins today

The 20th session of the 10th Jatiya Sangsad (JS) will begin today (Sunday). President Abdul Hamid has convened the session exercising the power bestowed upon him by Article 72 (1) of the Constitution. The House will go into session at 5:00pm. — BSS

Bangladeshi dies in firing in Saudi Arabia

A Bangladeshi was shot to death by a Saudi citizen on Friday noon. The deceased was identified as Azizul Talukder, 40, son of Ramjan Ali, of Charamdhua village in Raipura upazila of Narsingdi. Another Saudi expatriate, hailing from Hasnabad village in the upazila Lutfar Rahman said, "Azizul used to run...

Van ploughs into crowd in Germany killing several

Several people have been killed in the city of Muenster, in western Germany after a van drove into pedestrians. The driver of the vehicle has killed himself, police said. About 30 people are reported injured in the incident, which occurred near the Kiepenkerl statue in the old town. Police asked...