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

Ineptitude in banking sector causing GDP loss of Tk 100b

Inefficiency in banking sector is causing Bangladesh an annual gross domestic product (GDP) loss of around Tk 100 billion, a leading think-tank - South Asian Network for Economic Modelling (SANEM) - has opined."Current inefficient banking sector is generating an annual GDP loss of Tk 10 thousand crores, which is around...

Ctg port smashes record in March container handling

CHATTOGRAM, Apr 4: Chittagong Port set yet another record as it handled some 2 54,198 containers of 20 foot equivalent units (TEUs) in March, the highest in a single month.The country's largest seaport broke the record in December 2017, handling 2, 49,552 TEUs. In the calendar year 2017, the port...

ACC seeks top BNP leaders’ bank info

Anti-Corruption Comm-ission (ACC) sent letters to seven banks on Wednesday, seeking bank information of ten people, including eight top leaders of Bangladesh Nationalist Party (BNP).The commission on Monday (April 2) launched an investigation into an allegation of 'suspicious' bank transactions of Tk 1.25 billion in 30 days by eight top...

Tri-nation bus service starts soon

Bangladesh, India and Nepal are set to start regular bus service with signing of a passenger protocol by June this year under BBIN Motor Vehicle Agreement.Sources said the date for signing the passenger protocol will be finalised during a meeting to be held in Kathmandu on April 27 after trial...

Exporters demand slashing source tax

The National Board of Revenue (NBR) is considering changing the way source tax is realised now to stem mismatch.The board also hinted at not increasing the existing 0.70 per cent source tax for the export sectors in the next fiscal year. "We are now changing the source tax realisation process,...

Myanmar minister due on April 11 to meet Rohingyas

Myanmar is sending its Social Welfare, Relief and Resettlement Minister Win Myat Aye next week to visit Rohingya camps in Cox's Bazar district, reports UNB.This will be the first such visit by any Myanmar minister to the largest-ever refugee camps where some 700,000 Rohingyas have taken shelter since last August...

Hailstorm lashes city

The capital experienced hailstorm accompanied by gusty wind and rain on Wednesday. The hailstorm along with gusty wind started at around 3:00 pm and continued for round 15-20 minutes. One mm rain was recorded before it stopped at around 3:30 pm. The rain and hailstorm provided some respite to the...

Woman dies as army projectile goes off

A woman has been killed and three others injured in the blast of a live projectile found at an army firing range in Tangail's Ghatail, reports bdnews24.com .Deceased Moyna Khatun, 25, lived in Maidharchala village. The injured were given first aid at the Ghatail Combined Military Hospital.Ghatail Police Station OC...