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

Trudeau resigns

Canadian Prime Minister Justin Trudeau resigned as Liberal leader on Monday amid pressure. Trudeau will stay on until party can appoint his replacement, reports Aljazeera.The move comes nearly a decade after Trudeau came to power in 2015.

Soaring rice prices strain OMS

The queues in outlets where the government-administered open market sale (OMS) of rice takes place have gotten longer in recent weeks amid the staple's rocketing prices.Coarse and medium rice prices have soared to Tk 60-70 a kg from Tk 50-62 a kg a month back, forcing hundreds of people to...

CA asks BEPZA to project country's image abroad

Chief Adviser Professor Muhammad Yunus on Monday asked Bangladesh Export Processing Zones Authority (BEPZA) to build a team for economic diplomacy, project the image of Bangladesh abroad and thus attract more investment for the country's industrial sectors.The chief adviser told the BEPZA officials to collaborate with the Ministry of Foreign...

Metro rail tickets exempted from VAT for 2025

The National Board of Revenue (NBR) has exempted metro rail passengers from paying value-added tax (VAT) on tickets for this year in a bid to make the country's first electric urban transport system more affordable.In a letter, Md. Badruzzaman Munshi, second secretary of the VAT Policy Wing of NBR, announced...

Central bank appoints Ernst & Young, KPMG to audit 6 troubled banks

Bangladesh Bank has enlisted global auditing firms Ernst & Young (EY) and KPMG to evaluate the asset quality of six banks currently mired in financial irregularities and corruption. The audit, funded by the Asian Development Bank (ADB), is part of efforts to restore transparency and accountability in the banking sector.EY...

No more arrest in plainclothes

No more arrest in plainclothes, Home Adviser Lt-General Md. Jahangir Alam Chowdhury (retd.) Monday directed detective police, in the wake of disclosure of weird happenings in plainclothes operations. "They must wear jackets and show their identity cards while arresting someone," he said while speaking to the media after visiting the...

July uprising directorate by next month: Nahid

A new directorate dedicated to the July Uprising will be set up next month under the Ministry of Liberation War Affairs, said Information and Broadcasting Adviser Mohammad Nahid Islam, reports UNB.Addressing a press briefing at the Rail Bhaban in the capital on Monday, Adviser Nahid Islam outlined the scope of...

Govt to control battery-run rickshaws

The interim government on Monday decided to soon reintroduce electronic traffic signs system, control the number of battery-run rickshaws, and gear up drive against all illegal vehicles in a bid to improve the capital's traffic.The decisions were taken at a high-level meeting presided over by Lt. Gen. (retd.) Abdul Hafiz,...

Barishal beat Rajshahi by 7 wickets in BPL

Fortune Barishal's captain Tamim Iqbal hit an unbeaten 86 runs in the first match of the Sylhet phase of the Bangladesh Premier League (BPL) as Barishal beat Durbar Rajshahi by seven wickets on Monday, report agencies. Tamim lead to chase down the target of 169 runs with seven wickets in...

Dengue claims two more lives in 24 hrs

Two more deaths were reported from dengue in 24 hours till Monday morning, raising the number of fatalities from the mosquito-borne disease in Bangladesh to three this year, reports UNB.According to the Directorate General of Health Services (DGHS), the recent fatalities have been reported in the Dhaka and Chattogram divisions...

Pak business team to visit Dhaka from Jan 10

A trade delegation of the Federation of Pakistan Chambers of Commerce and Industry, the apex trade body of Pakistan, is expected to begin a six-day visit to Dhaka, starting from January 10, according to a wing concerned of the Ministry of Commerce.The delegation has shown interest in visiting Bangladesh following...

US to end restrictions on Indian N entities to boost energy ties

NEW DELHI, Jan 06 (Reuters): The US government is in the process of removing restrictions on Indian nuclear entities, National Security Advisor Jake Sullivan said on Monday, in a bid to forge deeper energy ties with New Delhi and bolster a 20-year old landmark nuclear deal.Washington and New Delhi have...