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

Country largely bypasses industrialisation

Non-agricultural economic units like business establishments numbered 11.88 million in 2024 with a 51.91-percent growth in last 11 years from 7.82 million in 2013 as per official count, but economists see deviation from economic-expansion trajectory. They point out growth path of developed economies -- a transition from agriculture to manufacturing...

Rail strike halts trains, thousands stranded

A nationwide wildcat strike by railway running staff Tuesday brought trains to a grinding halt across Bangladesh, leaving thousands of passengers stranded in abject misery in this one of umpteen strikes these days.The indefinite strike, which began after midnight Monday at the call of the railway running staff and workers'...

Potential offshore Sangu platform lies idle

Bangladesh's maiden offshore hydrocarbon platform worth around US$300 million lies long idle since the dereliction of Sangu gas field over a decade ago despite its potential for using as a facility to re-gasify liquefied gases. Sources say the facility with subsea pipeline and an onshore processing unit has been laid...

Tax return filing time likely to be extended again

The government is set to extend the deadline for individuals' tax-return submission by 15 more days until February 15 this year following a demand from taxpayers.The time for the tax-return submission was scheduled to expire on January 31.Official sources said the National Board of Revenue (NBR) is likely to extend...

7 college students suspend protests

Students of seven colleges on Tuesday suspended their protests on receiving assurance that their six-point demand will be fulfilled at the soonest possible time.They, however, gave a 15-day ultimatum to come up with the framework of an independent university for them, which, they say, is the solution to their longstanding...

Who running staffs are and what they demand

Around 2,000 running staff of Bangladesh Railway (BR) operate over 350 trains in the country. Of them, 1,177 are locomotive masters (LMs) and assistant locomotive masters (ALMs). All these staff get extra-hour-running benefit, known as mileage allowance or running allowance after 100 kilometres of train operation, which is equivalent to...