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

Tax cuts leave hardly any impact on prices

The recent tax cuts have had a limited impact on commodity prices, leaving many citizens to continue to face economic hardships. Although the duties and taxes on the import of essential items have been lowered in response to the ongoing economic hardship, the expected impact has been observed only in...

Policy-indicator synergy a must for economic stability: Mintoo

Ensuring a strong coordination among economic policies and indicators is a must for keeping the economy stable, businessman and BNP politician Abdul Awal Mintoo said on Monday.Macroeconomic indicators, including inflation, are changing constantly and they are connected as well as inseparable, he said."Therefore, when the government wants to achieve a...

$100m addl ADB fund for Dhaka bypass project

The Asian Development Bank (ADB) will provide a US$100-million loan to support Bangladesh's infrastructure development through a public-private partnerships (PPP) model.The board of the Manila-based lender approved the loan for the Bangladesh Infrastructure Finance Fund Limited (BIFFL), a government-owned specialised finance company, to fund the Dhaka Bypass road project, which...

BBS launches fourth economic census today

The Bangladesh Bureau of Statistics (BBS) starts the fourth economic census today (Tuesday) after 11 years with a vow to deliver quality economic data.The census which will conclude on December 26 will be conducted at a cost of Tk 5.79 billion.The BBS would approach some 7.60 million economic units out...

Intel impounds disks, dockets

The Central Intelligence Cell (CIC) on Monday confiscated computer hard disks, invoices and registers from the President Resort as part of an investigation into tax evasion involving former DB chief Harun-Or-Rashid.During a visit to Mithamoin in Kishoreganj, the CIC team seized four hard disks, 40 invoice registers and 16 manual...

90,000 cops recruited politically in 15 years

Dhaka Metropolitan Police (DMP) commissioner Sheikh Md Sajjad Ali has said an estimated 90,000 members have been recruited in the police force on political considerations during the last 15 years."Recruitment was done in different ways. Enquiry was made about political identities of candidates, their fathers and even their grandfathers. Some...

Ctg Bijoy Mela begins tomorrow

CHATTOGRAM, Dec 08: Chattogram district administration has planned to hold Bangladesh's traditional victory fair, the Bijoy Mela, from tomorrow (Wednesday) to December 16. Although the fair, sometimes called the 'Muktijuddher Bijoy Mela', has historically been organised at the outer stadium of the MA Aziz Stadium in Chattogram, this year the...

Indian idol immersion video falsified as Bangladesh temple attack: Fact Watch

Fact checking body 'Fact Watch' has found that an Indian media falsified a video containing immersion of Goddess Kali in West Bengal state of the neighbouring country as an attack on a Bangladesh temple. Reports BSS.The fact checking organisation marked the viral video post as false that was shared from...

Turkey calls for 'inclusive' new govt in Syria: FM

ANKARA, Dec 9 (AFP): Turkey's top diplomat called Monday an "inclusive" new government in Syria after Islamist-led rebels toppled longtime ruler Bashar al-Assad following a lightning advance."We expect international actors, especially the United Nations, to reach out to the Syrian people and support the establishment of an inclusive administration," Foreign...

Kremlin refuses to confirm if Assad in Russia

MOSCOW, Dec 9, 2024 (BSS/AFP) - The Kremlin declined on Monday to confirm reports that toppled Syrian president Bashar al-Assad had fled to Moscow, adding that it was "surprised" by the rebel takeover."As for Mr Assad's whereabouts, I've got nothing to tell you," Kremlin spokesman Dmitry Peskov told journalists.A Kremlin...

Register as voters before Jan 2

The Election Commission of Bangladesh has called on citizens aged 18 and above who have not yet obtained a national identity card to register as voters before the publication of the draft electoral roll, reports bdnews24.com.The draft voter list is scheduled to be released on Jan 2, 2025, the EC...