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

CA to leave for Davos on Jan 21 to join WEF

Chief Adviser Dr Muhammad Yunus is scheduled to fly to Switzerland on January 21 to attend the World Economic Forum (WEF), a spokesperson for the foreign ministry said on Thursday.During his four-day visit, the chief adviser will take part in different sessions of the WEF. This year the theme of...

Govt can't take care of all

Finance adviser Dr Salehuddin Ahmed says his government is not able to pay attention to each and every problem in the country. "We can't take care of everything," he said in reply to a query on the impacts of proposed gas price hike for industrial consumers.Mr Ahmed talked to the...

Current account deficit falls 35pc in FY24

Bangladesh's current- account deficit under the balance of payments narrowed to Tk 698.81 billion at the end of FY24, a significant improvement from the Tk 1.085-trillion deficit recorded in the previous financial year. The more than 35 per cent reduction was primarily driven by a 5.2 per cent increase in...

Inflationary pressure will fall soon

Governor of the Bangladesh Bank Dr Ahsan H Mansur has assured business leaders that inflationary pressure will fall due to various regulatory interventions, according to a press release issued by a leading business body.He shared his optimism that people will enjoy the outcomes of the inflation-containing steps taken by the...

Frame predictable tax policy

The advisory committee to initiate reforms in the National Board of Revenue (NBR) has recommended that the taxmen frame predictable tax policy and consider introduction of presumptive taxes on Small and Medium Enterprises (SME).At a meeting with the Economic Reporters Forum (ERF), the panel members called upon the NBR to...

Court orders freezing S Alam family shares of Tk 35.63b

A Dhaka Court on Thursday ordered to freeze more than 321 million shares in 24 different companies owned by S Alam Group owner Mohammad Saiful Alam and his family members. The nominal value of these shares is Tk 35.63 billion, according to the Anti-Corruption Commission (ACC). Judge of the Metropolitan...

Qatar, US announce Gaza truce, hostage release deal

DOHA, Jan 16 (AFP): Qatar and the United States announced Wednesday a ceasefire and hostage-release deal between Israel and Hamas, adding that they hoped it would pave the way for a permanent end to the war in Gaza.After mediators said a deal had been reached, the office of Israeli Prime...

Metro rail service to begin 30 min early every Friday

From now on metro rail service will be available half an hour early every Friday, which the sources say will help support the high demand of passengers, but will reduce time for operations and management works necessary in providing the transportation service.The first train of the Uttara North station can...

BD reports first death from HMPV

A woman, who had been suffering from multiple health complications, compounded by human metapneumovirus (HMPV) infection, died on Wednesday night, the health authorities said.Sanjida Akhter (30) succumbed to multi-organ failures due to HMPV infection while undergoing treatment in Mohakhali Infectious Diseases Hospital in Dhaka.However, she had long been suffering from...