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

Government opts for 'amicable' solution

The government and top mobile phone operators have reached a consensus over settling the disputed audit claims amicably. The Grameenphone, the country's largest cellphone firm by users, sat with finance minister AHM Mustafa Kamal at the Secretariat on Wednesday. Post and Telecommunications minister Mustafa Jabbar, chairman of the National Board...

VAT waiver sought for contractors, suppliers

The Padma Rail Link project authority has sought exemption from Value Added Tax (VAT) for its contractors, subcontractors, suppliers and agents due to insufficient fund for payment of taxes, officials said.They said the Revised Development Project Proposal (RDPP) doesn't have enough fund to pay VAT on behalf of the contractors.The...

Hasina to shine spotlight on Rohingya crisis

Prime Minister Sheikh Hasina will highlight the urgency of resolving the Rohingya crisis in the upcoming United Nations General Assembly (UNGA), said foreign minister Dr AK Abdul Momen. The Rohingya issue will be discussed in this session and there will be a number of events on the sidelines as well.As...

DSEX sinks below 4,900-mark

The core index of the Dhaka Stock Exchange (DSE) tumbled below 4,900-mark after more than 33 months, as investors dumped their holdings even after the finance minister's assurance.DSEX shed 40.96 points or 0.83 per cent to settle at 4,888 on Wednesday. It was the lowest level of DSEX since December...

IMF projects GDP growth rate at 7.6pc

The International Monetary Fund (IMF) projected that the economy of Bangladesh would grow 7.6 per cent in fiscal year (FY) 2019-20.The IMF projected the GDP growth rate at 8.0 per cent for FY 2018-19, according to the IMF's latest Staff Report on Article IV Consultation of Bangladesh released on Wednesday.The...

Two JSS activists shot dead in Rangamati

Two activists of Jana Sanghati Samiti have been shot dead in Rangamati's Baghaichhari Upazila. The incident took place at Nabachhara village on Wednesday midnight, said Md Abul Manzur, chief of Baghaichhari Police Station. The dead have been identified as Ripel Chakma, 25, and Barshan Chakma, 24. "A group of armed...