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

BD’s graduation to developing country a slap to critics: PM

Prime Minister Sheikh Hasina said Bangladesh's graduation to a developing country is a slap to those who forecast that Bangladesh will be a bottomless basket after independence, reports BSS."A quarter during the Liberation War asked what the country will achieve after being independent and said it will be a bottomless...

New garment wage proposals to be ready in six months

The garment sector wage board asked the representatives of owners and workers to submit proposals for the minimum monthly pay for the entry-level workers.The board asked the parties to submit the proposals by April 25 when it meets again. "We've decided to sit again on April 25. We've also asked...

Mandatory use of T challan likely for tax payment

The government is considering making the use of treasury challan mandatory for tax payment to avoid delay usually made in encashment of pay orders, demand drafts and account payee cheques, officials said.The National Board of Revenue (NBR) has been asked to take preparations to fulfil the government's desire as non-receipt...

Many children in jails for no offence of their own

Several hundred children are in the country's central jails with their imprisoned mothers. Such confinement, according to experts, might affect their normal upbringing and lead them to go astray.Bangladesh Prisons Department data show 328 children were in prisons until February 2018. The corresponding number was 325 in 2016. However, the...

Rewinding consumer rights protection

The World Consumers Rights Day was observed in the country recently and like every other year, there was a repeat of the urge to ensure proper and legitimate rights of the consumers from pricing to quality. As a ritual, the concerned government authorities and the relevant civil society organisations did...

Suu Kyi speaks at length about Rakhine troubles

Myanmar leader Aung San Suu Kyi spoke at length about her country's troubled western state of Rakhine at a Sydney conference on Sunday and appealed to Southeast Asian neighbours for help, Australia's prime minister said, reports Reuters."We discussed the situation in Rakhine state at considerable length today," Prime Minister Malcolm...

Cabinet approves draft fertiliser bill

The Cabinet has approved a draft law with provision of harsher punishment for selling adulterated fertiliser, reports UNB.The approval of the draft of "The Fertiliser (Management) Amendment) Act, 2018" was given Monday at the weekly meeting of the cabinet.The cabinet meeting held at the Prime Minister's Office with Prime Minister...

CCCI decides to build SEZ with own fund

CHITTAGONG, Mar 19: With support of all directors and members, Chittagong Chamber of Commerce and Industry (CCCI) has decided to build a special economic zone (SEZ) here with its own fund.The decision was taken at an extraordinary general meeting (EGM) of the trade body with CCCI president Mahbubul Alam in...

Police neutralise two bombs at city mall

Police have neutralised in controlled explosions two bombs reportedly planted by a young man at a shopping mall in Dhaka's Badda, reports bdnews24.com.Witnesses said he fled after placing a bag on the staircase of Tanha Plaza at the Gudaraghat on Gulshan-Badda Link Road around 12pm on Monday. Before fleeing, he...