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

Corporates see rise after yr-long slump

After a year-long slump, short-term external borrowing by Bangladeshi corporates is showing signs of recovery, reaching $10.25 billion in April, as easing import restrictions and steady export growth breathe life back into trade-financing demand.According to data from Bangladesh Bank (BB), the stock of short-term private external debts stood at $10.25...

Govt scraps dozen misdirected income tax write-off SROs

A dozen income-tax write-off SROs have been scrapped by the interim government in a fiscal measure meant for enhancing state revenues and enforcing tax transparency, as the generosity was allegedly misdirected. A major perverse use of the benefits was found to be legalizing 'black money' through investing in tax-exempt or...

Eid holiday causes container congestion at Ctg Port

CHITTAGONG, June 12: The Chittagong port is currently experiencing severe container congestion due to delays in the delivery and handling of containers caused by the long Eid-ul-Azha holiday. Despite the port's operational activities continuing during the holidays, a shortage of workers has led to delays in loading and unloading containers....

Twin threats of dengue, Covid loom

Bangladesh continues to report new cases of both Covid-19 and dengue fever, raising concerns about the country's preparedness to tackle the dual public health threats as the monsoon season approaches.According to data released by the Directorate General of Health Services (DGHS) on Thursday, 15 new Covid-19 cases were detected in...

Road, rail, waterway accidents take 652 lives in May

At least 652 people were killed in road, rail and waterway accidents across the country last month (May) with the road accidents alone taking 614 lives.Besides, around 1,196 people were also injured in some 597 road accidents in May, according to the Passenger Welfare Association of Bangladesh (PWAB).At least 48...

People continue to arrive in the capital city after celebrating the Eid festival

People continue to arrive in the capital city after celebrating the Eid festival with their loved ones in their native villages. The photo was taken at Kamalapur Railway Station on Thursday. — FE Photo