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

Board, executive management need to work in unison

The top brass are to blame for the prevailing risk culture in Bangladesh's banking entities, say experts and suggest a top-down restructuring. Boards and top managements are an integral part of the existing risk cultures in the banks, they opined, saying "sustained change in the risk culture needs to start...

NBR for instant upload of import papers to stop data tampering

The customs wing of the revenue board has requested the central bank to upload relevant import documents on the web platform instantly to keep dishonest importers from evading tax through tampered documents.The wing made the request after its primary investigation found some evidences of manipulation of import documents for duty...

Reliance on RMG sector not a problem for economy: Muhith

Finance Minister A M A Muhith on Wednesday differed with the criticism about the economy's 'high dependency' on the readymade garment (RMG) sector. Rather, development of RMG sector cannot be seen in isolation from other sectors of the economy, he opined."RMG sector has a great role in the country's economic...

Law to punish currency counterfeiters soon

The government is going to enact a law keeping the provisions of fine, up to Tk 10 million, and life-term jail if one found guilty of producing and circulating counterfeit currency notes in the country, officials said.The Bangladesh Bank (BB) recently forwarded the draft of the law to the Finance...

Piers of metro-rail will soon be visible

Construction of the country's first metro-rail has got momentum following receipt of confirmation of the design for the elevated-way from Uttara third phase to Agargaon in the capital.Official sources said work on the first permanent piling of the mass rapid transit line-6 (MRT-6) began on December 25 last after completion...

News Watch (25-01-2018)

Presidential poll schedule todayChief Election Commissioner (CEC) Khan Mohammad Nurul Huda Wednesday said the presidential election schedule will be announced Thursday (today). He disclosed this to newsmen while emerging from a meeting with Speaker of the Jatiya Sangsad (JS) Dr Shirin Sharmin Chaudhury at the latter's JS Secretariat office. "The...

Prayer Timings-(25-01-2018)

Different employees' associations and political activists

Different employees' associations and political activists have pasted posters on the walls inside Dhaka Medical College and Hospital as apparently there's none to watch over such public nuisance. The photo was taken on Wednesday. — FE Photo by Shafiqul Alam

Teachers under the banner of Non-govt Education Nationalisation Liaison Forum

Teachers under the banner of Non-govt Education Nationalisation Liaison Forum continue their hunger strike in front of the National Press Club in the capital on Wednesday. — FE Photo