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

NBR seeks govt help to realise VAT, SD arrears from Petrobangla

The revenue board has sought help from the government to realise Tk 212 billion in VAT and SD arrears from Petrobangla, officials said."It is very urgent to pay outstanding dues for achieving the revenue target," Chairman of the National Board of Revenue (NBR) Md Mosharraf Hossain Bhuiyan said in a...

President for more investments to keep up industrial growth

President M Abdul Hamid urged on Tuesday all concerned to find new and potential sectors for investments to keep up the current pace of industrial growth, reports BSS. "An excellent field for foreign investment has been created here to collect natural resources . . . I draw attention of the...

Bangabandhu-1 reaches allotted orbital position

Bangladesh's first commercial satellite Bangabandhu-1 has reached its orbital position on Tuesday, thus making a big step towards full scale operation.The satellite reached its allotted orbital slot of 119.1 E on Tuesday morning, Project Director of Bangabandhu Satellite Project Md. Mesbahuz- zaman told the FE. "The ground stations at Gazipur...

New customs law unlikely to come into force from next FY

The new customs law is unlikely to come into force from the fiscal year (FY) 2018-19 as the National Board of Revenue (NBR) has yet to complete the process of placing the act before parliament.Officials said the law ministry has not yet given its seal of approval to the draft...

One size doesn’t fit all

Advertising has graduated from allowing an informed choice to creating demand and of course, strengthening brand muscles. Scientific dissection of psychographics has led to intrusive promotion that borders on the irritating. Personal approaches have caused harried customers putting up 'no junk mail' signage and the day isn't too far off...

Priyanka visits three Rohingya camps

COX'S BAZAR, May 22: Bollywood actress and UNICEF goodwill ambassador for child rights Priyanka Chopra visited three Rohingya refugee camps in Teknaf upazila of Cox's Bazar on Tuesday. She first visited a refugee camp at Hariyakhali anchor point under Sabrang union in Teknaf upazila, Officer-in-Charge of Teknaf Police Station Ranjit...

Citycell must pay BTRC Tk 1.28b: SC

The Appellate Division of the Supreme Court ordered on Tuesday mobile phone operator Citycell to pay Tk 1.28 billion in dues to Bangladesh Telecommunication Regulatory Commission (BTRC), reports UNB.A four-member bench of the Appellate Division, led by Chief Justice Syed Mahmud Hossain, passed the order after rejecting a petition filed...

SC stays order on compensation to Rajib's family

The Appellate Division of the Supreme Court stayed on Tuesday a High Court order that directed Bangladesh Road Transport Corporation (BRTC) and Sajan Paribahan to pay Tk 10 million in compensation to the family of Rajib Hossain, reports UNB.A four member bench of the Appellate Division headed by Chief Justice...

JS body meet on Digital Security Act

Media leaders said on Tuesday the proposed Digital Security Act (DSA) will not go against the mainstream media anyway rather it will help safeguard the media, reports BSS."We had a very fruitful meeting with the parliamentary standing committee. We have reached a consensus that we have to remove all the...

Consumers making their choice of iftar items

Consumers making their choice of iftar items at an outlet in the capital's Bailey Road area on Tuesday — FE Photo

Pollution turns Taj Mahal yellow and green

India's white-marble Taj Mahal is turning yellow and green as the 17th century mausoleum weathers filthy air in the world's eighth-most polluted city, reports Reuters.One of the seven Wonders of the World, the Taj Mahal flanks a garbage-strewn river and is often enveloped by dust and smog from belching smokestacks...

Eid journey won't be free from sufferings, says Quader

MUNSHIGANJ, May 22 (UNB): Road Transport and Bridges Minister Obaidul Quader said on Tuesday CNG filling stations across the country will remain open for 24 hours four days before and after the Eid-ul-Fitr.Quader, also the general secretary of ruling Awami League, said the roads and highways authorities have been asked...

Sony becomes world's biggest music publisher

TOKYO (Reuters) : Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services. The acquisition is the biggest strategic move yet by new CEO...