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

July-Aug tax revenue collection up slightly

The government's tax revenue collection improved slightly in the July-August period of this fiscal year (FY), 2020-21, with a nominal growth over the corresponding period of last FY. It happened so, as the economy started reviving following an improvement in the Covid-19 pandemic situation.In this July, the tax revenue collection...

Dhaka urges Riyadh to increase flights to carry expats

Bangladesh has requested the Kingdom of Saudi Arabia (KSA) to increase flights between the two countries so that the expatriates who got stuck here can return to their workplaces smoothly, reports UNB.Bangladesh also urged the KSA to give permission to Biman Bangladesh Airlines to operate flights on Dhaka-Dammam route.Currently, the...

Tk 28b e-judiciary project awaits ECNEC nod

Law Minister Anisul Huq said the e-judiciary project, taken at a cost of Tk 28.00 billion, will be placed before a meeting of the Executive Committee of the National Economic Council (ECNEC) soon.The minister gave the information while speaking at the inauguration ceremony of the eight-storey Chief Judicial Magistrate's Court...

BB relaxes ESF conditions

Bangladesh Bank (BB) on Sunday amended the guidelines for the Entrepreneurship Support Fund (ESF) to make it easy for the entrepreneurs.The amendments included, cutting fees for application, defining women entrepreneurs and reduction of land areas for agriculture farms.The BB earlier in 2018 issued a circular relating to the ESF. The...

Dr Mosharraf new chairman of IDRA

Dr M Mosharraf Hossain has been made chairman for country's insurance regulator Insurance Development and Regulatory Authority (IDRA) for the next three years.Dr Hossain has been working as an acting chairman for the IDRA over the past one month. Before joining the post, he was a member of the regulatory...

330-MW Khulna power plant to be delayed further

Construction of the 330-megawatt (MW) dual-fuel combined cycle power plant in Khulna is likely to be delayed further, as the implementing authority has sought to add three gas booster compressors to it midway.The state-run Bangladesh Power Development Board (BPDB) floated tender last week for design, supply, installation, testing and commissioning...

Global death toll hits 999,642 with over 33m cases

Global death toll due to Covid-19 reached 999,642 on Sunday, according to the Worldometers tally, report agencies.Besides, the confirmed Covid-19 cases hit 33.12 million globally, according to the data.The United States remains the country worst hit by the pandemic, with 7,077,485 cases and 204,485 deaths.Brazil recorded the world's second largest...

Trump’s Supreme Court pick alerted on election cases

WASHINGTON, Sept 27 (Reuters): Democrats are urging US Supreme Court nominee Amy Coney Barrett to recuse herself from any election-related cases because of President Donald Trump's comments that he expects the justices to potentially decide the outcome, but there is no way to force her to do so.Although US law...

Finding no other options to earn a living

Finding no other options to earn a living, this minor girl waits at a traffic signal in Tejgaon area of the city and try to clean vehicles with a piece of cloth when they stop at the red light so that she can ask for some money in exchange for...