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

BAPI wants changes in process loss calculation

Local pharmaceutical products manufacturers on Thursday demanded changes in calculating process loss and potency compensation before realising VAT (value added tax) from the imported life-saving drugs, according to a press release.To grab overseas markets of Bangladesh-made medicines in a more efficient and competitive way, they also requested National Board of...

Govt to set up nat’l single window to facilitate trade

National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan said the government has decided to establish a National Single Window (NSW) for trade facilitation, and NBR will act as its lead agency.He assured that NBR will extend its all-out cooperation to the businesses for expanding the country's export basket...

Concern for investment as China wants smooth polls

Expressing the hope that the next general elections would be held "smoothly and fairly", a Chinese diplomat said his country had significant investments in Bangladesh."We've a huge investment here and a lot of Chinese companies and personnel are working in this country. We have concern for them," said Li Guang...

Central bank tightens monitoring as demand for greenback grows

The Bangladesh Bank (BB) has intensified its monitoring and supervision to gauge the real situation in the country's foreign-exchange market through scrutinising banks' statements. Under the latest move, the central bank started on Thursday scrutinising the foreign-exchange inflow and outflow statements of each bank.Forex Reserve and Treasury Management Department (FRTMD)...

ACC chief for improving quality of investigations

The Anti-Corruption Commission (ACC) chairman Iqbal Mahmood on Thursday said the quality of investigations being carried out by the commission should reach certain level so that punishment can be ensured to all genuine criminals.The detective branch of the anti-graft watchdog will not only spy on the corrupt people but also...

Trudeau lauds Hasina over Rohingya issue

LONDON, Apr 19 (UNB): Canadian Prime Minister Justin Trudeau on Thursday highly appreciated Bangladesh Prime Minister Sheikh Hasina for her outstanding leadership in handling the Rohingya crisis."Prime Minister Sheikh Hasina has been showing an outstanding leadership in handling the Rohingya refugees. The Commonwealth leaders must support her," he said at...

Gunfight with ‘Yaba peddlers’ hurts three cops

Three policemen have been injured in a gunfight with suspected Yaba peddlers in city's Gandaria, reports bdnews24.com.Police also arrested a suspect with gunshot wounds and recovered 2,000 Yaba pills from the scene, Sadhana Oushadhalay lane, on Thursday afternoon.The injured police personnel are Gandaria Police Station assistant sub-inspectors Mosharraf Hossain and...

Kashmir eyes tourists from Bangladesh

Tourism players in Kashmir are seeking a pie from the rising number of tourists arriving into India from Bangladesh, which overtook the United States for the highest number of tourist arrivals in India last year.In 2017, 1.7 million tourists from Bangladesh visited India. It was the highest number of tourists...

India starts smart fences in Assam

The Narendra Modi government has operationalised the country's first ever comprehensive integrated border management system along the riverine stretch bordering Bangladesh in Assam, according to reports by India based www.financialexpress.com and www.ndtv.com. The first 'smart fence' pilot project to plug vulnerable gaps along India's borders has been rolled out in...