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

Financial sector clocks lower growth in FY'20

All the financial sub-sectors recorded decline in their growth rates in the immediate past fiscal year (FY 2019-20). The sub-sector (monetary intermediation) had the worst time in many years. Overall the financial sector's contribution to the gross domestic product (GDP), however, dropped only nominally during the period under review. The...

Better business environ needed to attract FDI

Disparity between local and foreign investors, a lack of improved business environment and corruption, among others, are key barriers to attracting foreign direct investment (FDI).Speakers, stretching from ambassadors to local business leaders, said this at a programme on Saturday, adding that there is a need for regulatory reforms to woo...

NBR decides to conduct internal survey this yr

The National Board of Revenue (NBR) has decided to conduct this year internal survey involving different government agencies to net in new taxpayers, instead of the door-to-door survey carried out earlier. The decision was taken at a recent meeting of the NBR as the previous practice has already proved futile....

Banned poppy seeds seized from Mongla

A VAT intelligence team has seized four containers with import-restricted products from Mongla port after detecting irregularities in its investigation. It has also locked Business Identification Number (BIN) of those importers and asked banks to freeze their bank accounts, said a statement issued by VAT Audit, Intelligence and Investigation Directorate....

BD catches Pakistan in cases

The country's coronavirus tally reached 292,625 on Saturday, overtaking that of Pakistan, the Asian hotspot for Covid-19 infections, official data showed.As a result, Bangladesh became the second worst-affected country after India in South Asia. In terms of active cases, the country with 113,151 Covid-19 patients also stood second in the...

2,110 died during Mar 22-Aug 15

A total of 2,110 people died with Covid-19-like symptoms in the country during the period between March 22 and August 15, according to a latest report.A project styled 'Bangladesh Peace Observatory (BPO)' under Centre for Genocide Studies at Dhaka University has revealed the [email protected]

Digital divide wide between male, female youths: Study

A striking gap exists between the male and female youths in Bangladesh in terms of their access to different technologies like internet, mobile phone and computer, a study has revealed.According to it, around 80 per cent of male youths own mobile phones, whereas only 40 per cent of young females...