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

Black money whitening slammed as 'useless'

Planning Adviser Dr. Wahiduddin Mahmud has strongly criticised the continuation of black money-whitening provisions in the proposed national budget, calling them "ineffective" and "unjustified." Speaking at a policy dialogue on Saturday, he argued that legitimising untaxed wealth undermines fairness and fails to yield meaningful economic benefits."If someone buys a property...

Climate funding overlooks research and knowledge management

Research and knowledge management continue to receive the smallest share of climate-related funding in Bangladesh, underscoring the need for greater attention and investment in this critical area in order to ensure sustainable development, experts say. Among the 25 ministries and divisions analysed from FY22 to FY26, research and knowledge fall...

DMC closed amid student protest

Dhaka Medical College (DMC) has been declared closed for an indefinite period amid ongoing student protests demanding campus safety and residential facilities.The decision was made at an emergency meeting of the Academic Council on Saturday, said a press release issued the same day.According to the statement signed by Dr. Md...

WB approves $500m to boost transparency in public instts

The World Bank (WB) has approved $500 million in budget support to help improve trust in Bangladesh's public institutions through increased accountability and transparency; and enhance corporate governance and stability in the financial sector.The Strengthening Governance and Institutional Resilience Development Policy Credit supports public and financial sector reforms, which are...

One dies of dengue, 352 new infections

The country recorded one more death from dengue and 352 new infections in the last 24 hours until Saturday morning, while Chattogram reported its second Covid-related fatality of the year alongside six new cases.According to the Directorate General of Health Services (DGHS), the latest dengue death was reported in Chattogram...

NBR staffers' pen-down strike on June 23

The National Board of Revenue (NBR) Oikka Parishad has announced a pen-down programme once again for June 23, rejecting the newly-formed committee on amendment to the ordinance, meant for bifurcating the revenue board.At a press conference at NBR premises on Saturday, the members of the Parishad called upon all officials...