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

PM stresses police role in creating investment-friendly atmosphere

Prime Minister Sheikh Hasina on Tuesday said police have very important role to play in ensuring atmosphere to attract investment in the country, report agencies.She further informed that the government's had take steps to establish 100 economic zones in the country to get more foreign investments.Putting emphasis on ensuring peace...

Secondary trading of T-bills, T-bonds drops by 45pc

Secondary trading of treasury bills and treasury bonds, two short-and long-term fixed income government securities, declined steeply last year.Latest statistics of the central bank showed that the total turnover of secondary trading of T-bills and T-bonds stood at Tk 282.91 billion in 2017 while the value was Tk 514.08 billion...

Now madrasa teachers go on hunger strike

Ebtedayee madrassa teachers on Tuesday went on an indefinite hunger strike demanding nationalisation of all the registered Ebtedayee madrassas under Bangladesh Madrassa Education Board, reports UNB.Concluding their nine-day sit-in programme in front of the Jatiya Press Club, under the banner of 'Bangladesh Independent Ebtedayee Madrassa Teachers' Association', the teachers started...

Bangabandhu’s Homecoming Day today

The historic Homecoming Day of Father of the Nation Bangabandhu Sheikh Mujibur Rahman will be observed today (Wednesday), reports UNB.On January 10 in 1972, Bangabandhu returned to independent and sovereign Bangladesh after over nine and half months of captivity in a Pakistan jail.Bangabandhu was subjected to inhuman torture in the...

City’s Kalshi crossing to get flyover

The Dhaka North City Corporation (DNCC) will build a 844-metre flyover in the capital's Kalshi area to ease traffic movement at the 'faulty' crossing, officials said. The Executive Committee of the National Economic Council (ECNEC) approved the project and 12 others at a total cost of Tk 124.16 billion at...

NBR relaxing condition to have more VAT awardees

The National Board of Revenue (NBR) has decided to relax that condition that makes10 per cent higher VAT payment on an annual basis mandatory to help the businesses to be eligible for the VAT payers' award that it distributes every year. The board has decided to amend the highest VAT...

Scramble to cull over 86,000 units of Lactalis baby milk

Acting on instructions from local agent of French dairy giant Lactalis and the Bangladesh Food Safety Authority (BFSA), local distributors of the company's baby milk formula are scrambling to recall units sold in the Bangladesh market as a precaution against salmonella contamination, reports UNB.According to a BFSA source who spoke...

Govt removes Addl Commissioner from DMP

Dhaka Metropolitan Police (DMP) Additional Commissioner Mizanur Rahman was withdrawn from the DMP headquarters and attached to Police headquarters on Tuesday over allegation of his forcefully marrying a woman and torturing her, reports UNB.Assistant Inspector General (media) of police Soheli Ferdaus confirmed the matter.Home Minister Asaduzzaman Khan at a programme...

Energy agency rejects Trump bid to boost coal, nuclear power

WASHINGTON, Jan 9 (AP): An independent energy agency rejected on Monday a Trump administration plan to bolster coal-fired and nuclear power plants, dealing a blow to President Donald Trump's efforts to boost the struggling coal industry.The decision by the Republican-controlled Federal Energy Regulatory Commission was unexpected and comes amid repeated...