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

Consumers grappling with VAT overdose amid high inflation

Consumers are struggling with rising taxes amid higher inflation, experts observed on Wednesday, criticising overuse of the indirect taxation, particularly VAT, which is disproportionately affecting lower- and middle-income groups.Besides, weak revenue collection raised concerns among the economists and business leaders at a roundtable in the city as the policymakers relied...

Ramadan price hike feared as unloading at Ctg port delayed

CHATTOGRAM, Feb 12: A total of 269 lighterage ships carrying thousands of tonnes of imported goods have been floating in the sea and rivers in different parts of the country for several weeks, creating a crisis of such vessels at the Chittagong port. It has been alleged that importers are...

Danish recipe for BD labour market

Bangladesh should organise its labour market, establish fair wages, ensure employment and social protection, and upskill the unskilled workers for successful reforms in its labour market.The suggestions came at a recent virtual view-exchange meeting of the Labour Reform Commission with the former Danish premier Poul Nyrup Rasmussen on the issue...

Laid-off Beximco workers to get due wages by Feb

The government will pay all the due wages of over 27,000 laid-off workers of Beximco Group by this month (February), said Labour and Employment Adviser Brigadier General (retd) M Sakhawat Hussain on Wednesday."We want to clear the dues before Ramadan begins," he told newsmen after a meeting of the advisers'...

This govt backed by legal means, people's will: HC

The High Court has said that the interim government, led by Noble laureate Prof Dr Muhammad Yunus, is backed by legal instrument as well as by the will of the people of Bangladesh."It's pertinent to mention that the President of Bangladesh in a unique situation in the history of Bangladesh...

There was traffic congestion in various parts of the city

There was traffic congestion in various parts of the city, causing immense suffering for commuters. The photo was taken from the Shaheed Jahangir Gate area on Wednesday evening. — FE Photo by Asad-Uz-Zaman