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

Tax waiver on LNG import to cause Tk 110b revenue loss

The National Board of Revenue (NBR) has estimated a total of Tk 110 billion loss in revenue collection after the government waived import taxes on Liquefied Natural Gas (LNG). Officials said the gas sector is one of the largest revenue contributors to the national exchequer that may face a blow...

13pc of people in country use internet: LIRNEasia

Only 13 per cent of the country's people aged between 15 to 65 years use internet and social networking sites, a research has revealed. According to it, the people of same age group living in rural areas are 42 per cent less likely to use internet comparing to their urban...

Basic wage of RMG workers in declining trend

Basic pay of the readymade garment (RMG) workers is one of the lowest in the country's industrial sub-sectors, including tannery, pharmaceutical, private jute mills, shrimp and plastic industries.The basic pay element of gross wages of RMG workers has also been declining over the years, according to a finding of Bangladesh...

Railway authorities using a broken iron bar for controlling traffic

The railway authorities using a broken iron bar for controlling traffic on one side of the Mohakhali level-crossing in the capital on Tuesday ignoring the risk that it may cause an accident on the busy road — FE Photo by Shafiqul Alam

PM visits Padma Bridge site Oct 13 to see progress

Prime Minister Sheikh Hasina will visit the Padma Bridge site on October 13 to see progress of the construction work and inaugurate the railway link, the permanent riverbank protection and four innovation projects, reports BSS.Road Transport and Bridges Minister Obaidul Quader revealed the information to the reporters after a preparatory...

Revoke ‘suppressive’ sections of Digital Security Bill: TIB

Transparency International, Bangladesh (TIB) has called upon the government to repeal the 'suppressive' sections of the Digital Security Bill 2018 passed recently in parliament amid opposition from different quarters. Besides, TIB has also demanded that the entire law be reviewed as the digital security bill has apparently become a law...

Trading of BD Autocars, Legacy Footwear in spot market from today

The securities regulator has lifted suspension from share trading of BD Autocars and Legacy Footwear.The share trading of the companies will be conducted in spot market from today (Wednesday).The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Tuesday evening at a meeting held at the BSEC office."The suspension...

Sinha to be brought back: Anisul

Claiming that former Chief Justice Surendra Kumar Sinha has no allegiance to the country, Law Minister Anisul Huq said on Tuesday he will be brought back home through a legal process, reports UNB.He made the remarks while talking to reporters after inaugurating software and an app of National Legal Aid...

34 migrants drown in Med shipwreck

At least 34 migrants have died in a shipwreck in the western Mediterranean, which 26 people survived, the UN migration agency said on Tuesday, citing the Moroccan navy and a Spanish aid agency, reports Reuters.Joel Millman, spokesman of the International Organization for Migration or IOM, told Reuters: "The boat was...

India police clash with farmers in Delhi

Clashes have broken out on the outskirts of India's capital New Delhi as police used water cannon and tear gas to stop thousands of protesting farmers entering the city, reports Al Jazeera.The farmers, reeling from high fuel prices, were pressing for government help on Tuesday, including higher support prices for...

Two die in Tongi factory blast

At least two persons died and 35 others were injured in an explosion at the National Fan Factory in Tongi on Tuesday, reports bdnews24.com. The explosion occurred in the heating chamber inside the factory around 11.00am on Tuesday. The victims were taken to the Shahid Ahsan Ullah Master General Hospital...