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

HC stays BB guidelines for two more months

The High Court on Monday extended the stay order for two more months on the special policy guidelines of Bangladesh Bank (BB) that offered loan rescheduling and 'one time exit' facilities for defaulters.On May 21, the High Court halted the guidelines for a month, five days after the central bank...

Tigers knock off another victory

Bangladesh kept their semifinal hopes alive as they won by 62 runs against Afghanistan in the 31st match of the ICC Cricket World Cup at Southampton in England on Monday.The Afghans were all out at 200 with three overs remaining to be bowled.Shakib Al Hasan was adjudged the Man of...

No one can destroy Awami League, says Hasina

Prime Minister Sheikh Hasina said on Monday no one can destroy Bangladesh Awami League as it is a well-organised political party having numerous achievements during its 70-year history of struggle, reports UNB."Awami League is one of the well-organised oldest political parties of this subcontinent. No one could tear the party...

Power sector tops tally of FDI in 2018: Unctad

The power sector topped the tally of receiving foreign direct investment (FDI) in 2018 when Bangladesh received a record US$3.61 billion, according to a United Nations agency.The Unctad's world investment report, released on Monday, said the net inflow of FDI to the power sector was $ 1.12 billion, followed by...

PM aide hints at lifting tax on retained income

A Prime Minister's aide on Monday hinted at the withdrawal of fiscal proposal for 15 per cent tax on retained earnings and reserves of the listed companies.Private sector and investment adviser to the Prime Minister Salman F Rahman made the suggestion at a programme, where the UNCTAD world investment report-2019...

SDF keen to explore co-financing of road connectivity projects

SAARC Development Fund (SDF) is keen to explore co-financing of some road connectivity projects including mass rapid transit line-6.SDF has also requested the government to nominate banks for availing its micro, small and medium enterprise (MSME) funding scheme in Bangladesh aimed at encouraging and boosting the trade sector in the...

News Watch- (25-06-2019)

Cabinet okays flag vessel draft bill The Cabinet approved on Monday the draft of Bangladeshi Flag Vessels (protection) Bill 2019. The approval was given at the weekly meeting of the Cabinet held at the Prime Minister's Office with Prime Minister Sheikh Hasina in the chair. The Cabinet also approved the...