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

Develop comprehensive roadmap

Speakers at a dialogue on Monday stressed developing a comprehensive roadmap for energy transition that will outline the specific targets, timelines, and actions required at various levels to ensure a successful transition in the readymade garment (RMG) sector. They said the roadmap should include policy recommendations, regulatory frameworks, and monitoring...

Tamim suffers heart attack, stent placed

Former Bangladesh captain Tamim Iqbal who suffered a heart attack has regained consciousness after undergoing a stent procedure on his heart at a hospital in Savar.He has talked to doctors and family members, Tariqul Islam, an official at Mohammedan Sporting, told UNB.Earlier Dr Razeeb Hasan, Medical Director of the KPJ...

Poverty rises in select dists in 2022-24

Poverty in some districts in the country worsened from 2022 to 2024, according to a latest survey conducted by Bangladesh Institute of Development Studies (BIDS).The survey reveals that nearly 23.11 per cent of households in the select districts live below the upper poverty line. The rate stands at 24.67 per...

Banks, NBFIs get 9 days of Eid holiday

The commercial banks and Non- Bank Financial Institutions (NBFI) will remain closed for nine straight days amid Eid-ul-Fitr this year, from Mar 28-Apr 5, report agencies.Some banks in the garment industry zones, however, will remain open to facilitate paying "salaries, allowances and bonuses" to the workers on Mar 28 and...

Court orders confiscating assets of Shakib

A Dhaka court on Monday ordered attaching assets owned by cricketer and former Awami League lawmaker Shakib Al Hasan in a case involving two bounced cheques at IFIC Bank.Judge Md Ziadur Rahman of the Additional Chief Metropolitan Magistrate's Court passed the order after hearing a petition seeking attachment of assets.SM...

Glitch briefly hits metro operation

The metro rail service once again remained suspended for more than half an hour due to a technical fault in a train on Monday afternoon.Sources said one train heading towards Motijheel was required to take back at Agargaon for experiencing a glitch in the brake at 3:30 pm, forcing all...

NBR smells a rat over 1.0m nil e-returns

The National Board of Revenue (NBR) has detected two-thirds of e-return filers having claimed zero taxable income in fiscal year ’24, suspecting concealment of actual income by many.Out of 1.5 million online tax returns, the filers of some 1.0 million have claimed they have no taxable income, said NBR Chairman...

TIB for further empowering CAG

The Transparency International Bangladesh (TIB) has suggested auditing revenue assessment and collection, and strengthening the authority of the Comptroller and Auditor General (CAG).The local chapter of the global anti-graft agency in its recommendations to the interim government called for incorporating provisions in the draft 'Public Audit Bill-2024', reads a statement...

How traffic movement comes to a standstill:

hawkers occupy one-fourth of the road and battery-driven rickshaws do the rest. The photo was taken on Monday from in front of the city's Gausia Market.— FE Photo by Shafiqul Alam

Subsidies to no-frills bank accounts fall by 43.81pc in Jan

Though low-income people are grappling with high inflation and rising cost of living, government subsidy allocations to their bank accounts dropped substantially in January compared to December last year.The subsidies to the no-frills bank accounts -- typically maintained by marginalised people with an initial deposit of Tk 10, Tk 50...