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

10-15pc Eid shoppers use cards, MFSs for payment

Transactions through debit and credit cards and mobile financial services (MFSs) have marked a significant rise ahead of the Eid-ul-Fitr, said stakeholders concerned.Many customers prefer to pay using cards and MFSs to avail a wide range of offers made by different financial institutions, they added.They also said the banks and...

Govt aware of foreigners’ intrusion under cover of relief workers

TORONTO, June 12 (UNB): Prime Minister Sheikh Hasina said on Monday the government is aware of the intrusion of many foreign nationals into Bangladesh in the guise of relief workers."The government is issuing special-category visas for relief workers to address the problem," she said when Canada's Special Envoy to Myanmar...

Rain lashes city, mounts woes of home-bound people

Heavy rain brought relief to city dwellers, but it disrupted the movement of home-bound people seriously on Tuesday. The rain coupled with a heavy rush of home-goers and shoppers created severe traffic congestions in the city and caused immense sufferings to the commuters.The Met office recorded 53mm rainfall in three...

Cargo lightering partially resumes at Ctg port

CHATTOGRAM, June 12: Lightering of cargoes from mother vessels partially resumed at the outer anchorage of the Chittagong Port on Tuesday.Some lightering vessels set sail for the deep sea area to unload cargoes from big vessels at the outer anchorage on the day. It was stated by the executive director...

US university recognises Faraaz’s act of valour

Faraaz Ayaaz Hossain has been recognised as a graduate by Goizueta Business School of Emory University in Atlanta, Georgia.Apart from this, the US university also introduced the Faraaz Hossain Core Value Award, the first of which went to Gurbani Singh, a student of the university. Faraaz, a student of the...

Govt lifts tax waiver ceiling for local LCs

Traders may need to pay 3.0 per cent AIT on local letter of credit (L/C) from the next fiscal year (FY) without any exemption ceiling. In the proposed Finance Bill-2018, the government has withdrawn the existing waiver limit of Tk 0.5 million (5.0 lakh) for local L/C or any other...

Consumers oppose Titas’ 75pc gas price hike proposal

Titas Gas Transmission and Distribution Company Limited`s (TGTDCL's) proposal to raise an average 75 per cent gas price faced tremendous opposition from different consumer groups at the public hearing of the Bangladesh Energy Regulatory Commission (BERC) on Tuesday, reports UNB.The consumer groups said if the gas price is raised it...

37th BCS results out

Bangladesh Public Service Commission has published the final results of the 37th Bangladesh Civil Service (BCS) examinations on Tuesday, reports bdnews24.com. A total of 1,314 candidates were recommended for different cadres. As many as 3,454 candidates were kept on the waiting list of non-cadre posts. A total of 4,768 candidates...

Two missing in Khagrachhari boat capsize

KHAGRACHHARI, June 12 (UNB): Two people went missing as an engine-run boat capsized in the Maini River at Hasinsonpur in Dighinala upazila on Tuesday afternoon.The victims are Anupam Chakma, 35, and Chhiga Chakma, 34.Officer-in-charge of Dighinala Police Station Samsuddin Bhuiyan said the boat carrying several individuals, including upazila parishad vice-chairman...