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

Revenue receipts likely to rise 22-25pc in FY 18: NBR chief

The tax revenue collection may record 22 to 25 per cent growth in the outgoing fiscal year (FY), 2017-18, said the National Board of Revenue (NBR) chairman, Md Mosharraf Hossain Bhuiyan, on Monday. The collection usually rises in the month of June. Until April, the revenue collection growth rate was...

BD to become a failed state if anti-liberation forces return to power

TORONTO (Canada), June 11 (UNB): Prime Minister Sheikh Hasina has said Bangladesh will become a failed state again if the anti-liberation forces return to power."If the anti-liberation forces and patrons of killers return to power, the country will become a failed one again," she said while addressing a reception here...

WB may provide $400 million for Rohingyas

The World Bank (WB) is likely to provide a grant of US$ 400 million for the rehabilitation of Rohingya refugees within next two years, officials said on Monday.The Washington-based international financial institution has backtracked from its earlier stance on providing the loan for the Rohingyas as the Government of Bangladesh...

Imports up 15pc in ten months

Overall imports grew by over 15 per cent in the first 10 months of this fiscal year (FY), mainly due to higher import of food grains and fuel oils, officials said.The settlement of letters of credit (LCs), in terms of value, rose to nearly US$43 billion during the July-April period...

Making Eid an organic fiesta

With the Eid ul Fitr around the corner, there is a reign of festive mood everywhere. There is obviously the traditional upbeat in preparing for observance of the Eid festival which marks the end of the month long fasting. It is time again to rejoice all together.While the mood of...

Khaleda may be taken to BSMMU today

BNP chief Khaleda Zia will be taken to the Bangabandhu Sheikh Mujib Medical University for medical tests today (Tuesday) if she agrees, the inspector general of prisons has said, reports bdnews24.com."The code of conduct does not allow jail authorities to take Khaleda Zia to the United Hospital for a medical...

Govt sits today to devise strategies

The government sits today (Tuesday) to devise strategies for combating money laundering, officials said.In the meeting, the national coordination committee will discuss the issue of nominating the Attorney General's office as a central authority to step up efforts against money laundering, they said. Finance Minister AMA Muhith will preside over...

Public hearing on gas price hike proposal begins

The public hearing on the proposals for raising gas prices started at the Bangladesh Energy Regulatory Commission (BERC) in the city on Monday, reports UNB.On the first day of the hearing held at Trading Corporation of Bangladesh (TCB) auditorium, the watchdog body heard the appeal of state-owned Gas Transmission Company...

Ensure ADCs' smooth functioning in Eid

The central bank has asked the commercial banks to ensure smooth operations of their alternative delivery channels (ADCs) round the clock to facilitate the users' transactions during the Eid vacation, officials said.The ADCs include ATM (Automated Teller Machine), POS (Point of Sale), e-payment gateway and MFS (Mobile Financial Services).Talking to...

Bangabandhu satellite nears full operation

The country's first commercial satellite Bangabandhu-1 has completed its in-orbit test (IOT), thus passing a crucial step towards full-scale operation.Officials said the geostationary satellite completed the IOT on Sunday, more than two weeks after the satellite reached its orbital slot."We're now analysing the data coming from the IOT. Everything looks...

BCB announces Tk 20m for Tigresses

The Bangladesh Cricket Board (BCB) has announced a Tk 20-million bonus for Bangladesh women's cricket team, reports UNB.The team won the ACC Women's T20 Asia Cup.BCB President Nazmul Hassan made the announcement at a reception hosted by the BCB to the Tigresses at Sonargaon Hotel upon their return from Malaysia...