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

Experts paint dismal picture of land planning in country

FE Report Planning experts at a programme on Saturday said Bangladesh could not bring even one per cent area under proper planning.Although it is claimed that 6.0 per cent of the country's land area has been planned, there is no budget to implement those plans, they added.They also said despite...

Hawkers occupying footpaths at Mirpur-1 Mazar Road

Hawkers occupying footpaths at Mirpur-1 Mazar Road in the city as is seen in the photo taken on Saturday — FE photo

ADB's new strategy focuses on prosperous Asia

The Asian Development Bank (ADB) will pursue a new 'Strategy 2030,' aiming to attain a resilient, inclusive, prosperous, and sustainable Asia and the Pacific.Tackling poverty and rising inequality, fostering regional cooperation and integration, mobilising private resources, promoting local government and food security, accelerating progress in gender equality and enhancing support...

Hawker collapses during city clean-up drive

FE Report A hawker died on his quick escape to avert a 'cleanup drive' launched by Dhaka South City Corporation (DSCC) on Saturday, witnesses said.The tragic end of the roadside Sherbet (a special liquid mixed with sugar that makes people cool off in the hot weather) vendor took place at...

DCCI seeks cut in corporate tax, surcharge on net wealth

FE ReportDhaka Chamber of Commerce and Industry (DCCI) urged Saturday the government to reduce corporate tax and surcharge on net wealth in the upcoming budget for the fiscal year (FY) 2018-19.It made the call for reduction in corporate tax and surcharge so that the entrepreneurs could reinvest their saved money...

Is more bang to the buck welcome, always?

Without too much fuss and bother, the greenback has been allowed to appreciate, a move exporters will welcome. Having been pegged around the Tk 80 mark for a fairly long time, a three to four Taka increase in the curb rate points to either pressure for the currency or an...

25-yr concessional period of DEE project starts, finally

Munima SultanaThe government has finally commenced the 25-year concessional period of Dhaka Elevated Expressway (DEE) project more than four years after signing the contract with a foreign company.Sources said Bangladesh Bridge Authority (BBA) has decided to count the time from April 1 before getting a financial report from the company...

CCCI urges halt to axle load control during Ramadan

Our CorrespondentCHATTOGRAM, May 5: Chittagong Chamber of Commerce and Industry (CCCI) has urged Road Transport and Bridges Minister Obaidul Quader to suspend enforcement of the axle load control for the month of Ramadan considering the urgency of cargo transport to destinations across the country on a priority basis.In an urgent...