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

Is Karnaphuli Paper Mills going bust?

The state-owned Karnaphuli Paper Mills (KPM) is fast sliding into crisis as both productivity and financial health of the entity have deteriorated, officials have said.Established in 1953, the mill under the Bangladesh Chemical Industries Corporation (BCIC) was holding a good share of the paper market until the 1990s.But the trouble...

Two university students enjoying the rain

Two university students enjoying the rain while travelling in a rickshaw at Banani in the city on Monday afternoon, although the downpour inundated many parts of the capital — FE photo

Dhaka stocks finish in the red

Dhaka stocks went into the red Monday, intensified by selling pressure as investors' confidence sapped.The DSEX, the broad index of Dhaka Stock Exchange (DSE), showed a falling trend from the beginning of the session, which continued until closure.At the end of the session, the DSEX fell by 1.13 per cent...

NBR to scan TIN holders skirting tax returns

The National Board of Revenue (NBR) will find out the TIN (tax-payers’ identification number) holders who are not submitting tax returns despite having taxable income, its chairman said.Mosharraf Hossain Bhuiyan said some people use TIN for different purposes, including for house purchase, but do not submit tax returns."We will see...

PM orders sending burnt Feni girl to S'pore for better treatment

Prime Minister Sheikh Hasina directed on Monday health authorities to ensure best possible treatment for Nusrat, a madrasa girl, struggling for life as principal of the madrasa allegedly manifested his vengeance setting her on fire for refusing to withdraw sexual harassment charges against him, reports BSS."The Prime Minister called me...

US firm to help improve Ctg port rly connectivity

EagleRail, a US-based container logistics service provider, has sought to invest in rail connectivity at the Chattogram port, officials said.It is interested to carry containers from the port yard to the nearest inland container depots (ICDs) by setting up an overhead rail system.The officials said EagleRail also wants to carry...

News Watch- (09-04-2019)

Govt changes HSC exam schedule for five days citing Shab-e-BaratThe government has changed the HSC examination schedule for five days citing Shab-e-Barat celebration. The April 17 tests have been rescheduled for May 09, April 18 tests will take place on May 11 and April 22 tests on May 12. The...