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

RHD mulls changes in land use policy

The agencies concerned are likely to shoulder a major cost of the utility shifting work in any road and highway development project under Roads and Highways Department (RHD).RHD is considering taking the move for avoiding complication in dealing with faulty shifting plan, cost assessment and payment system.Sources said the department...

PWD workers emptying date-expired fire extinguishing cylinders

PWD workers emptying date-expired fire extinguishing cylinders inside the Suhrawardy Udyan in the city on Tuesday to avoid any fraudulent practice of reusing them — FE photo by Shafiqul Alam

BB chief urges banks to shun aggressive lending

The Bangladesh Bank (BB) Governor Fazle Kabir has advised the country's banks to avoid aggressive lending to prevent accumulation of bad loans in the financial sector. "The banks should avoid aggressive lending, and should concentrate more on loan recovery," he said while speaking at the Annual Business Conference of Padma...

DCCI seeks cut in corporate tax

Business leaders made on Tuesday a set of fiscal proposals including reduction in corporate tax, raising tax-free income ceiling and keeping revenue mobilisation growth within 20 per cent.In pre-budget discussion meetings with the National Board of Revenue (NBR), office-bearers of Dhaka Chamber of Commerce and Industry (DCCI) and Bangladesh Chamber...

Ctg port grapples with import containers

The number of import containers at Chattogram port looks to grow bigger with every passing day, making its yard heavily congested.When things have got this bad, the authorities of the country's prime seaport are making calls for users to take delivery of their containers immediately.According to officials, both full container...

Jute mill workers block roads as strike continues

Jute mill workers blocked roads and railways across the country in a 72-hour strike to press for a nine-point demand, reports bdnews24.com.Jute Mill Workers League, the Collective Bargaining Agreement (CBA), and the non-CBA Association called the strike over demands which include the payment of due salaries and implementation of the...

Two students found dead in city hotel

Two students have been found dead at Hotel Samrat on city's Green Road, reports bdnews24.com.Police recovered the bodies from a room on the eighth floor around 4:30pm, said Tejgaon Police OC Mazharul Islam.The dead have initially been identified as Aminul Islam, a student of Tejgaon College University, and Mariam Chowdhury,...

ACC nabs bank officer for embezzling Tk 70m

The Anti-Corruption Commission (ACC) arrested on Tuesday an officer of Dhaka Bank's Feni Branch for his alleged involvement in embezzling Tk 70 million from clients' accounts.A four-member team of the commission detained Golam Syed Rasaf, principal officer of the bank, from the city's Kakrail area.The bank officer fraudulently transferred funds...

'BCL cadres' attack DUCSU VP Nur

The DUCSU VP Nurul Haque Nur and his fellow leaders were assaulted on Tuesday evening, allegedly by activists of Bangladesh Chhatra League (BCL) Salimullah Muslim (SM) Hall unit. The BCL activists also threw eggs to them.Bangladesh Student Federation (BSF) leader and Dhaka University Central Students' Union (DUCSU) general secretary (GS)...

Pakistan, India trade fire in disputed Kashmir: Seven die

ISLAMABAD, Apr 02(AP): Pakistan and India traded fire in the disputed Himalayan region of Kashmir, leaving seven people dead, officials said Tuesday.Three Pakistani soldiers, a Pakistani villager, an Indian woman and a girl and a member of the Indian paramilitary troops were killed in the clashes.The fatalities were some of...

Algeria's Bouteflika to resign 'before mandate ends'

ALGIERS, April 2 (AFP): Algeria's ailing President Abdelaziz Bouteflika will resign before his mandate expires on April 28, his office said, after a succession of loyalists deserted him in the face of massive protests.The 82-year-old, who has rarely been seen in public since a 2013 stroke, has been clinging to...