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

Tycoons under hunt for suspected huge tax-dodging

Five big shots are currently under scanner to dig out alleged tax evasion by the individuals and their associate businesses as the revenue intelligence cracks down following the regime change.Sources say the Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) has moved to look into tax files...

Khaleda Zia returns home from hospital

BNP Chairperson Khaleda Zia returned home on Wednesday night after receiving treatment at Evercare Hospital for 45 days, reports UNB."Madam (Khaleda) was discharged from the hospital in the evening as per the advice of the medical board," said her media wing member Shamsuddin Didar, quoting her personal physician Dr. AZM...

Bridges Div counts Tk 1.2b in losses

The Bridges Division has estimated damages to assets at Tk 1.2 billion, including Tk 650 million for torching 57 vehicles, during the student-led quota-reform movement on July 19.An enquiry committee earlier formed to assess the loss submitted a report to the Bridges Division on Tuesday, citing damage to the entire...

UN preliminary probe team arrives today

A UN fact-finding mission arrives here today for initial work on investigation into the killings and atrocities during the student-mass protests in Bangladesh that toppled the past government."A three-member team of the United Nations will arrive in Dhaka tomorrow (Thursday),' foreign secretary Masud Bin Momen told the FE Wednesday.He said...

China won't interfere in BD internal affairs

China would not interfere in Bangladesh's internal affairs, said Chinese Ambassador to Bangladesh Yao Wen on Wednesday in the capital.The envoy made this remark while addressing a meeting with the high-ups of Bangladesh Nationalist Party (BNP) at the party chairperson's Gulshan political office.He said that discussion with BNP was fruitful...

Papan steps down as BCB president

Bangladesh Cricket Board (BCB) president Nazmul Hasan Papan, who fled the country after the fall of the Sheikh Hasina-led government, has confirmed his resignation, reports UNB.With the resignation, the decade-old tenure of Papan at the BCB came to an end.Nazmul's third term was set to end in October 2024, with...

Dhaka to press Delhi on river rights: Rizwana

The interim government will discuss Bangladesh's rights over common rivers, including the Teesta, with India, said Environment Advisor Syeda Rizwana Hasan."It is important to understand what people living near the Teesta want. Bangladesh is committed to claiming its rights while staying friendly with India," she told reporters following a meeting...

Keep sourcing from BD without penalties

Nine global organisations representing over 3,000 global fashion brands, retailers, suppliers and workers have called on international apparel buyers to refrain from cancelling work orders from Bangladesh or imposing penalties for delayed shipments.In a joint statement on Wednesday, the organisations -- who have members like fashion giants H&M, Inditex and...

Govt seeks $1.0b WB support for power, energy sector

The interim government on Wednesday sought US$1.0 billion from the World Bank (WB) as budgetary support for the power and energy sector.Adviser for power and energy, and road transport and bridges Muhammad Fouzul Kabir Khan sought the assistance as a four-member WB team, led by its country director Abdoulaye Seck,...

Mpox: New measures ordered at airports, entry points

The Health Department has introduced new guidelines and measures at airports and other entry points to mitigate the risk of Mpox (Monkeypox) infection, reports UNB.Daud Adnan, Deputy Director of the Health Department's Hospital and Clinic Division, confirmed that health camps have already been established at three major airports and entry...

Light to moderate rain lashes much of the country

Light to moderate rain lashes much of the country on Wednesday, including the capital Dhaka. The downpour makes commuting to schools and workplaces more challenging for residents. — FE Photo by Shafiqul Alam