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

Professor Yunus vows to fulfill students’ dream

Chief Adviser Professor Dr Muhammad Yunus on Sunday reiterated his pledge to materialise the dream of the students to build a discrimination-free country."For the dream they (students) sacrificed their lives, we must implement that dream. We have no way of getting out of it," he said, addressing a view-exchange meeting...

Aug PMI shows uptick in economy

FE REPORTThe August reading of the Bangladesh Purchasing Managers' Index (PMI) shows improvement in the general economy as the month witnessed a slower rate of contraction in key sectors.The PMI improved by 6.6 points to 43.5 in the last month from July's 36.9, according to the PMI report released on...

Govt will ensure optimum utilisation of foreign loans

The interim government will try to ensure optimum utilisation of foreign loans by investing in the priority projects, Finance Advisor Dr Salehuddin Ahmed said on Sunday.He said there was a lack of the best use of foreign loans during the last government because the priority projects were suppressed.The adviser made...

Interim govt takes rational, time-befitting decisions

BNP secretary-general Mirza Fakhrul Islam Alamgir has said that the decisions so far taken by the interim government are rational and time-befitting."BNP wants a provision for a caretaker government system and bicameral parliament system in the constitution. We are also in favour of bringing about reforms of organisations, including the...

Onion, potato prices still higher despite duty cut

YASIR WARDADThe government initiative to remove duties on onion and potato imports was yet to give consumers relief as their prices are retailed almost at previous highs.Local onion was retailing at Tk 110-130 and imported Indian at Tk 105-115 a kg while potato at Tk 60-65 a kg depending on...

Hasina to be brought back to face trial: ICT Chief Prosecutor

The newly appointed Chief Prosecutor of the International Crimes Tribunal (ICT), Md Tajul Islam, has said that necessary steps would be taken to bring former Prime Minister Sheikh Hasina back to stand trial on charges of mass killings during the Anti-Discrimination Students' Movement.He said, "We will file an application with...

Dhaka Bank MD Emranul Huq passes away

Emranul Huq, Managing Director and CEO of Dhaka Bank, passed away on Sunday at a hospital in Kolkata, India after fighting against cancer. He was 61.Mr Huq joined as the MD and CEO of Dhaka Bank in February 2020. He joined the bank in 1998 and served in various key...

Online tax return filing resumes today

The National Board of Revenue (NBR) resumes the online tax-return system today (Monday) in a bid to facilitate individual taxpayers to submit their tax returns (e-return) for fiscal year (FY) 2024-25.A press statement from the NBR says the system introduced in 2021 has facilitated some 61,491 taxpayers in FY 22...

Two new deputy governors of BB

The Bangladesh Bank has appointed its executive directors Md Zakir Hossain Chowdhury and Md Kabir Ahmed as deputy governors, reports BSS.A notification was issued in this regard by the finance ministry's Financial Institutions Division.The notification mentioned that they have been appointed on a contractual basis for a period of three...

Rejoinder......

Summit Oil and Shipping Limited (SOSCL) in a rejoinder to a news report titled, "LNG import cost set to skyrocket in two years," published on September 8, 2024 in The Financial Express, claimed that its long-term price signed with Petrobangla is the lowest amongst the last three long-term price awarded...