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

Bond sales losing steam

Bangladesh's bond market is under-performing as sales of major such debt instruments are on the declining trend, officials said on Monday.The bond sales by banks to the clients fell in fiscal year (FY) 2019-20 compared to the last couple of years, they said.Economists, bankers and buyers said the complex purchasing...

BIDA eyes higher tax payment score

BIDA has projected to raise the country's paying tax score to 64.8 out of 100 from the existing 56.1 by 2021 in order to improve the nation's ease of doing business ranking.The Bangladesh Investment Development Authority (BIDA) also projected to lift the score to 68.05 by 2022.The BIDA made the...

Onion prices go up as India slaps export ban

The prices of onion shot up by Tk 10-15 per kilogram in the city markets as neighbouring India has slapped a ban on its exports with effect from Monday.Retail prices of onions increased to Tk 70-80 a kg until 8:00 pm on Monday from Tk 50- 70 a kg in...

1,450 tonnes of hilsa to be exported to India

Bangladesh is going to export 1,450 tonnes of hilsa to India on the eve of Durga Puja, the biggest religious festival of the Hindu community."Around 1,500 tonnes of hilsa will be exported to India as a goodwill gesture on the occasion of Durga Puja," Commerce Secretary Md Zafar Uddin told...

Govt sets Tk 10,000 as registration fee for news websites

The government has set Tk 10,000 as a registration fee for news websites and Tk 5,000 as the annual renewal fee, reports bdnews24.com.The Ministry of Information issued an order on Sunday announcing the registration, establishment and management fees for news websitesAn additional Tk 2,000 will be imposed as surcharge if...

US embassy opens visa renewal process

The US Embassy in Dhaka resumed accepting applications to renew certain classifications of different types of non-immigrant visa from Sunday.Qualified applicants need to log in and/or update their respective profiles online at www.ustraveldocs.com/bd.Then they need to submit the application packet after paying associated visa fees at the designated offsite service...

India considers emergency use of vaccine as cases surge to 4.85m

India has recorded 92,071 new cases of the coronavirus, taking total cases to 4.85 million, the federal health ministry said on Monday, report agencies.India said on Sunday it was considering granting an emergency authorization for a Covid-19 vaccine, particularly for the elderly and people in high-risk workplaces.India, which has consistently...

Recreational drones require no permission to fly

Recreational drones weighing less than five kilograms will require no permission to fly. Those drones cannot be flown above 500 feet from the ground, reports bdnews24.com.A draft of 'Drone Registration and Aviation Policy 2020' approved at a cabinet meeting chaired by Prime Minister Sheikh Hasina on Monday lays down the...

A passenger bus gets badly damaged

A passenger bus gets badly damaged as it crashed into a road divider in Khilgaon area of the city on Monday — FE photo

BD-India border talks now Sep 16-18

The crucial border talks between Border Guard Bangladesh (BGB) and Border Security Force (BSF) of India has been rescheduled and it would start in Dhaka on Wednesday.The meeting, which was postponed earlier, will now be held from September 16-18, officials concerned told the FE on Monday night.Earlier, the meeting was...