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

Milestone reopens after 12 days

Milestone School and College in the capital's Uttara area reopened on Sunday, 12 days after a Bangladesh Air Force fighter jet crashed into a building of the institution. No classes, however, were conducted. Instead, a memorial and prayer session was held around 11:00 am. Some students from Grades IX -...

CPA threatens punitive rent on empty containers

Piles of empty cargo containers in port yards have far overshot store capacity that prompted the Chittagong Port Authority (CPA) to threaten the owners with penal rent in a bid to clear Bangladesh's commercial lifeline for smooth trade. The CPA recently issued a notification to the stakeholders concerned for removing...

Rallies, exams trigger traffic woes in city

Commuters suffered a lot on Sunday due to severe traffic congestion resulting from political and cultural events at different places in the capital. From early hours, office-goers, students and everyday commuters found themselves stuck in long tailbacks, inching their way through major roads amid the scorching summer heat.To mark the...

ICT begins witness depositions against Sheikh Hasina

The International Crimes Tribunal-1 (ICT-1) in Dhaka on Sunday began recording witness depositions in the crimes against humanity case filed against ousted prime minister Sheikh Hasina and two others.On the first day of the proceedings, Khokon Chandra Barman, 23, a victim of the July-August 2024 mass uprising, testified before the...

Take steps to include necessary recommendations in 'July Charter'

Heads of five reform commissions, formed in the second phase, have urged the Chief Advisor to take steps to incorporate their recommendations in the proposed July Charter for the sake of necessary reforms. In a joint letter that was sent to the Chief Advisor's office on Sunday, they also expressed...

NBR eyes doubling submission in FY26

The National Board of Revenue (NBR) has set a target to double the number of online tax return submissions to 3.5 million in the current fiscal year (FY 2025-26), as online filing becomes mandatory for individual taxpayers starting today (Monday).Last fiscal year, approximately 1.7 million out of 4.6 million registered...

Three Flight Expert executives held

Police arrested three executives of Flight Expert, an online-based airline ticket booking platform, on Saturday night following a case field against its owner on charges of embezzling a large sum of money.The whereabouts of its Managing Director Salman Bin Rashid are currently unknown. His employees, however, have told the police...

12kg LPG price drops by Tk 91

The Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of a 12-kg cylinder of Liquefied Petroleum Gas (LPG) by Tk 91, bringing it down to Tk 1,273 for August -- a move that reflects the global downward trend in energy prices.Alongside, the pump price of auto-gas -- LPG...

T-bill yields fall further ---

The yields on treasury bills (T-bills) dropped further on Sunday while some banks preferred to invest their excess funds in the risk-free short-term securities amid a recent increase in the banks' liquidity inflows.The cut-off yield -- commonly referred to as the interest rate -- on the 91-day T-bills came down...

Banks close on August 5

Dhaka, Aug 3 (UNB)-All scheduled banks in Bangladesh will remain closed on August 5 in observance of "July Uprising Day," a newly declared public holiday.Bangladesh Bank issued a circular in this regard recently.The central bank's Department of Off-site Supervision issued the circular to ensure compliance with a government notification from...