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

Cabinet approves Bankers' Book Evidence Bill

The cabinet gave on Monday approval in principle to the Bankers' Book Evidence Bill 2020 to replace the old Bankers' Book Evidence Act 1891, reports UNB.The approval came from the regular weekly meeting of the cabinet held at the Bangladesh Secretariat with Prime Minister Sheikh Hasina in the chair. She...

172 countries engaging with global vaccine plan: WHO

The confirmed global Covid-19 cases hit 23.63 million as of Monday morning, according to the latest www.worldometers.info tally, report agencies .Besides, over 813,419 fatalities have been recorded globally, according to the data. More than 16 million people have got cured from the virus infections, the data shows. The worst-hit US...

Loan disbursement time may be extended until December

The period of loan disbursement by the banks concerned under the central bank's 'special incentive re-financing scheme for the agriculture sector' is likely to be extended until December next, sources said.The time might be extended as disbursement of special loan to the farmers concerned has been going on at a...

PM recalls Ivy's contributions to all democratic movements

Prime Minister Sheikh Hasina Monday paid rich tributes to Awami League leader Ivy Rahman on her 16th martydrom anniversary, recalling her outstanding contributions to country's all democratic movements, reports BSS."Ivy Rahman took part in each of the struggle and movement of the country from the forefront," she said while presiding...

For DPDC, foreign tour a must

Dhaka Power Distribution Company Limited (DPDC) will spend Tk 145 million as fees for a consultant to supervise nine electricity substation installation and rehab work, people knowledge of the matter say.The electricity provider in the capital city has proposed to spend a total of Tk 270 million funds for consultancy...

Govt forms Tk 7.0b fund for jobless expats

The government has formed a Tk 7.00 billion fund for rehabilitation and re-employment of the jobless expatriate workers, reports BSS.So far more than 78,000 Bangladeshis have lost their jobs and returned to the country from 26 foreign nations in last four months since April 1 due to the Covid-19 pandemic."The...

First batch of steel beam arrives

The Padma Rail Link Project has received its first consignment of steel beam for rail track development on both sides of the Padma river in the country's south.The shipment arrived finally, overcoming challenges during the coronavirus pandemic and flood situation.China Railway Group Limited, the contractor, in a press release on...

Cement makers seek advance tax exemption

Cement manufacturers have made three proposals, including exemption of advance income tax (AIT), from final settlement to help survive the industry.The Bangladesh Cement Manufacturers Association (BCMA) sent the proposals to the chairman of the National Board of Revenue (NBR) on Sunday.The two other demands are the fixing of import tariff...

Bangladesh-India connectivity grows tremendously: Salman

Prime Minister's Private Industry and Investment Adviser Salman F Rahman said on Monday that Bangladesh and India have made tremendous development on connectivity between the two countries, but it has not been publicised to the extent it should have been, reports BSS."If connectivity takes place, economic activity grows. It is...

Workers busy beautifying the Toggi World

Workers busy beautifying the Toggi World, an indoor amusement theme park for children at the Bashundhara City Shopping Mall in the city, as it prepares for reopening. The photo was taken on Monday — FE photo by Shafiqul Alam