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

Daily transactions plunge from Tk 6.47b to Tk 1.12b

A significant decline was seen in all forms of digital banking, including internet banking, during the five-day internet outage which severely disrupted users' ability to conduct online financial transactions.The outage led to a notable drop in the usage of digital banking services, highlighting the dependence on stable internet connectivity for...

PM seeks justice from countrymen for mayhem

Prime Minister Sheikh Hasina sought on Thursday justice from countrymen for massive destruction of the government establishments during recent nationwide mayhem as she paid a visit to the vandalised Mirpur-10 Metro Rail Station, reports BSS."The people of the country have to expose them (culprits involved in nationwide mayhem) to justice....

Dhaka, Kuala Lumpur to hold labour market reopening talks in August

A joint working group meeting between Dhaka and Kuala Lumpur will be held next month to discuss reopening the Malaysian labour market for Bangladeshi workers, said State Minister for Expatriates' Welfare and Overseas Employment Shofiqur Rahman Choudhury.Following a meeting with Malaysian High Commissioner to Dhaka Haznah Md Hashim in the...

BD struggling to get LNG cargoes for regasification

Bangladesh has been grappling to receive LNG (liquefied natural gas) cargoes for regasification after purchases due to a halt in the operation of Summit LNG Terminal at Moheshkhali following accidents.One spot cargo vessel carrying around 3.36 million British thermal unit (MMBTu) of LNG has remained stranded in deep sea over...

LTU beats tax target as tobacco, telecom drive revenue in FY24

Large businesses paid nearly 26 per cent more Value Added Tax (VAT) in the last fiscal year, marking a record increase since the creation of the Large Taxpayers Unit (LTU).The LTU, established in 2003, collected Tk 736.60 billion in revenue, including surcharges, from its 109 units in the 2023-24 fiscal...

It manifests lack of good governance: TIB

The Transparency International Bangladesh (TIB) on Thursday decried the government's use of force to repress the students' quota-reform movement.Unprecedented deaths and havoc, exacerbated by interest groups, during the movement is blamed on the weakness of the government, according to the watchdog.It also emphasises that peaceful dissent and demonstrations to address...

Plan to resume train service revoked, no decision yet

Bangladesh Railway has reversed its decision to resume train services on a limited basis due to tensions surrounding the quota-protest movement, report agencies. Director General of Bangladesh Railway, Sardar Shahadat Ali, said on Thursday that no decision has been made yet on when train services will resume."No decision has been...

UNHRC condemns govt crackdown on protesters

UN Human Rights chief Volker Türk on Thursday called on the Bangladesh government to urgently disclose details about last week's crackdown on protests amid growing accounts of horrific violence.He also called for ensuring all law enforcement operations abide by international human rights norms and standards.Latest media reports indicate that more...

Traffic congestion snarls Dhaka roads on the second day of relaxed curfew hours

Traffic congestion snarls Dhaka roads on the second day of relaxed curfew hours on Thursday. The situation worsened during peak commuting times. The photo was taken from Chairmanbari-Airport road. — FE Photo by Asad-Uz-Zaman