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

Billions being spent in annuity sans identifying real recipients

Agencies are groping in the dark in executing Family Card recipes as a huge sum is being handed out under this government's flagship social-protection programme sans designating real recipients amid data dearth, sources say. This is also the ruling BNP's key electoral pledge that went for rapid execution through disbursing...

PM orders transparent execution of programme

Prime Minister Tarique Rahman on Monday instructed the authorities concerned to ensure the Family Card programme is implemented through a transparent process, with a reliable database to accurately identify genuine beneficiaries.He issued the directives during a meeting on the gradual expansion and implementation strategy of the nationwide Family Card programme...

Economic growth on slippery slope by latest measure

Bangladesh's economic growth was on a slide as the latest official count found it 2.22 per cent in the third quarter of the just-past fiscal year, in a headlong fall from 4.53 per cent estimated in the same period of previous fiscal.The primary driver behind this significant deceleration is a...

New British Premier Andy Burnham vows to end years of instability

LONDON, July 20 (Reuters): Andy Burnham became Britain's seventh prime minister in a decade on Monday, pledging to break with the politics of the past to deliver a new economic model to benefit a nation "fed up" with a revolving door of leaders.In front of dozens of supporters outside his...

Spain's team pose with their trophy

Spain's team pose with their trophy on the tarmac upon their arrival from the US after winning the 2026 World Cup, in Madrid Barajas' airport, on Monday. Spain's World Cup winners come back home to a heroes' welcome in Madrid, where a million fans are expected to greet them after...

PM meets leaders of anti-fascist movement allies

Prime Minister Tarique Rahman on Monday evening hosted a courtesy meeting and dinner for leaders of the political parties that had joined the simultaneous anti-fascist movement alongside the BNP, marking his first formal engagement with the alliance partners since assuming office.The programme began at 7:40pm on the premises of the...

Abu Dhabi-based Equiline eyes $2.0b investment in BD

Abu Dhabi-based investment and project-financing company Equiline Finance has proposed an initial investment of more than US$2.0 billion in Bangladesh, targeting government-backed infrastructure and development projects across a broad range of sectors.The company has identified Bangladesh as one of its priority investment destinations, citing the country's sustained economic growth, expanding...

DCCI seeks fair enforcement of withholding tax

The Dhaka Chamber of Commerce and Industry (DCCI) has urged the National Board of Revenue (NBR) to ensure that compliant businesses are not subjected to unnecessary harassment as it steps up monitoring and verification of withholding tax deductions.In a statement issued on Monday, the chamber said the NBR's initiative to...