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

PM eyes blue economy, stronger Coast Guard

Prime Minister Sheikh Hasina has said the Bangladesh Coast Guard will be strengthened so that they can play a role in helping the government tap the potential of the 'Blue Economy', reports UNB. "Keeping in mind the Blue Economy and Vision 2030 and 2041 for Coast Guard, the government has...

BD, Korea set timeframe for finalising PPP projects

Bangladesh and South Korea have fixed a timeframe for finalising the projects to be implemented under government-to-government (g-2-g) public-private partnership (PPP) arrangements by next three months.Sources said the timeframe has been set with a target of preparing at least one project through carrying out necessary groundwork by February as the...

NBR chief highlights tax payment complexities

The National Board of Revenue (NBR) chairman Abu Hena Md Rahmatul Muneem on Sunday said the people are reluctant to pay tax due to complexities in the payment method.Many people having taxable income feel discouraged to pay tax due to the difficult method, he said, while inaugurating the software for...

BD to face setback: Report

The maritime trade in the developing countries including Bangladesh will be affected by falling demand and export revenues, remittances, foreign direct investment and official development assistance, according to a new report.The growth in international maritime trade stalled in 2019 owing to the slowdown in the world economy and trade, said...

VAT refund made easier

Businesses will be able to obtain VAT refund through purchasing raw materials on credit from now on.The National Board of Revenue (NBR) issued a clarification on November 11 by allowing the long-awaited options for facilitating business.Businesses will have to follow some prescribed methods of NBR to obtain the VAT refund.After...

Govt to demolish bridges blocking water vessels, says minister

The government will demolish bridges that hamper movement of water vessels on the rivers surrounding Dhaka city, said Local Government, Rural Development and Co-operatives Minister Md Tajul Islam on Sunday in the capital. "We will build new bridges by demolishing the existing ones on the rivers that surround the capital...

US pandemic intensifies

North Dakota has become the 35th US state to require face coverings be worn in public, as governors across the country grapple with a surge in coronavirus infections that threatens to swamp their healthcare systems, reports Reuters.North Dakota joined 38 other states this month in reporting record daily jumps in...

Fluvoxamine can prevent serious Covid complications

CHICAGO, Nov 15 (Xinhua): Fluvoxamine, a drug seems to prevent some of the most serious complications of COVID-19 patients and make hospitalization and the need for supplemental oxygen less likely, according to the researchers at Washington University School of Medicine in St. Louis.In an innovative twist to research during the...

A physically challenged person rides

A physically challenged person rides a locally improvised three-wheeler with various features he added to the vehicle according to his requirements, thanks to his innovative idea. The photo was taken near the Hotel Intercontinental in the city on Sunday — FE photo by KAZ Sumon

Nabanno festival today

'Nabanno', the traditional new harvest festival, will be celebrated across the country today (Monday), marking the first day of Agrahayan, the eighth month of the Bangla calendar year. But this time around, most farmers are worried about the yield of Aman crops as a series of floods and attack by...