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

Banks' deposit, lending rates likely to follow suit

The yields on treasury bills (T-bills) dropped below 11 per cent on Sunday, showing signs of a fall in banks' deposit and lending rates in the near future, market insiders said.The interest rates on the T-bills fell below the level after more than one year as the banks expressed willingness...

NBR waives VAT on foreign doctors' services

The National Board of Revenue (NBR) has waived Value Added Tax (VAT) on foreign doctors' services in Bangladesh for facilitating treatment of the students injured in the July-August mass uprising.The VAT wing issued a circular on Sunday waiving the VAT.More than 1,500 people embraced martyrdom in the Anti-Discrimination Student- Movement...

Govt allocates Tk 2.32b for July uprising victims

The government has allocated Tk 2.32 billion for the rehabilitation of families of those killed and people injured during the July uprising, said Disaster Management and Relief Adviser Faruk-E-Azam on Sunday.Families of the deceased will receive Tk 1.0 million in savings certificates while the injured victims will receive Tk 0.3...

Injured victims of July uprising stage demo on Mirpur road

Some victims who are undergoing treatment at NITOR with injuries sustained during the July-August uprising have been staging demonstrations by blockading Mirpur road on several demands.The blockade disrupted traffic and caused severe traffic gridlock on the road and adjacent areas on the first working day of the week, reports UNB.Their...

Experts urge market reforms, fair pricing to tame inflation

Stakeholders at a policy conclave stressed the need for digitised integrated value chain, fair pricing and lower interest rates to ensure reasonable prices of essential commodities.The event titled 'Fair Prices of Food Commodities: Exploring Strategies for Market Supervision' was held at a city hotel organised by the daily Bonik Barta...

Effectively implement projects for sustainable development

The planning ministry has asked the ministries and divisions concerned to take effective measures to implement various development projects, including the foreign-aided ones, with a view to ensuring the country's sustainable development. Planning Secretary Iqbal Abdullah Harun wrote this in semi-government letters sent to the secretaries concerned on January 26....

Adviser dismisses deadline to make Titumir College varsity

The education adviser dismissed the demand for converting Govt Titumir College to an independent university within a set timeframe, stating that such a decision should be made carefully to avoid burdening both the present and the future.Dr Wahiduddin Mahmud made the statement at a press briefing following an ECNEC meeting...

7 workers 'abducted' in Bandarban

Bandarban, Feb 2 (UNB): Seven workers have reportedly been abducted by armed miscreants in Lama upazila of Bandarban district. The incident took place at Bumor Khal in Kamla Bagan Para on Sunday. Md Shahidullah Kaisar, superintendent of Bandarban Police, said information of the abduction of seven workers were received and...