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

Canada offers another $100m to mitigate Rohingya influx impact

Canada on Wednesday announced $100 million in aid for the most vulnerable people severely affected by the Rohingya crisis in Bangladesh."I was deeply moved to see the incredible difference our partners are making in the lives of some of the most vulnerable in Cox's Bazar, epecially women and children. The...

Investigators find dozens responsible

Investigators have found more than 50 persons, including the then Rajuk chairman, responsible for illegal expansion of FR Tower in Banani area.An eight-member probe committee of housing ministry and a five-member committee of Rajuk levelled various charges at them.Of the Rajuk staffers involved in anomalies at different stages, some have...

Food ministry to purchase 10m sacks from BJMC

The food ministry will procure 10 million hessian sacks from the Bangladesh Jute Mills Corporation (BJMC) to package paddy and rice.The procurement will cost the exchequer Tk 540 million.The cabinet committee on public procurement approved the purchase proposal at a meeting on Wednesday, with Finance Minister AHM Mustafa Kamal in...

Govt plans to expand tax net, not burden: Kamal

The government will focus on widening tax net instead of increasing tax burden on the existing taxpayers, said Finance Minister A H M Mustafa Kamal."The existing taxpayers will not face additional burden in the budget." Those who are not paying tax will be brought under tax net in the upcoming...

Executive engineer withdrawn

Rooppur Nuclear Power Plant or RNPP Executive Engineer Masudul Alam has been withdrawn over allegations of unusual expenditure in purchasing furniture and other household items for the project staff, reports bdnews24.com."Masudul Alam has been withdrawn for his alleged irregularities," Shahadat Hossain, chief engineer of Public Works Department, told the agency...

Indian EC rejects claims of ballot tampering, results today

NEW DELHI, May 22 (Agencies): India's Election Commission rejected opposition fears of possible tampering of electronic voting machines ahead of the counting of votes Thursday that will determine the outcome of the country's mammoth national elections.Authorities on Wednesday tightened security at counting centers where the electronic voting machines have been...

After Huawei, US may blacklist another Chinese tech firm

SHANGHAI, May 22 (Reuters): The US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economies could be further inflamed. The restrictions would limit Hikvision's ability to buy US technology and American companies may have...

Fishing ban: Govt to provide 40 kg rice monthly to 0.4m families

The government will provide 40 kilograms of rice monthly to each of 4,14,784 fishermen's families in 42 upazilas of 12 coastal districts during a 65-day ban on fishing in the Bay of Bengal, reports UNB.The government imposed a 65-day ban from May 20 to July 23 on fishing in the...

BJKS’ 18-pt recommendation for safe waterway journey during Eid

Bangladesh Jatri Kalyan Samity (BJKS) has placed an 18-point recommendation for the country's water transport sector to ensure safe and hassle-free journey during Eid. The rights body in the recommendations stressed checking overload in vessels, stopping realisation of extra fair and lessening pressure at the ferry terminals.The passengers' platform placed...

185,000 Afghan refugees return home in 2019

KABUL, May 22 (Xinhua): About 185,000 Afghan refugees have returned from Pakistan, Iran and European Union states since the beginning of this year, United Nations migration agency, International Organization for Migration (IOM) reported on Wednesday.About 184,185 Afghans have returned from Iran and Pakistan since Jan. 1, 2019, said IOM in...

Chemically-treated mangoes are being destroyed

A RAB member watching as 400 maunds of chemically-treated mangoes are being destroyed at Jatrabari in the city on Wednesday for ripening those artificially before time — FE photo

Activists of National Garments Workers Federation

Activists of National Garments Workers Federation bringing out a procession near the Jatiya Press Club in the city on Wednesday demanding reopening of Beautiful Jacket Ltd and payment of wage arrears — Focus Bangla