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

Call to tap potentials of blue economy

Bangladesh needs to tap the potentials of blue economy to achieve its desired economic growth, said experts at a high profile programme on Sunday.The workshop titled "Blue economy and EU horizon 2020" was organised by the European Union in collaboration with the foreign ministry of Bangladesh.The government has given special...

PM values cooperatives’ role in development

Prime Minister Sheikh Hasina on Sunday called for strengthening the cooperatives movement in Bangladesh saying that cooperatives can play a big role in the country's development, reports UNB."If the cooperatives movement can be carried out properly then the development of the country will be faster... I believe that," she said.The...

Massive reforms can give state jute mills a new lease of life

Massive reforms of the state-run jute mills can only save them from incurring ballooning losses, sector insiders suggested at a seminar on Sunday.At the same time, they recommended rationalising the existing manpower and providing necessary training to the workers and employees of the jute mills to enhance its productivity.Modernisation of...

Dr Kamal demands replacement of CEC

Jatiya Oikyafront leader Dr Kamal Hossain demanded on Sunday the resignation of the chief election commissioner (CEC) for his "failure to maintain neutrality".He warned of taking recourse to legal action seeking removal of KM Nurul Huda as he has signally failed to adopt a policy of neutrality regarding the December...

Writ filed seeking stay on elections

A writ has been filed with the High Court seeking a stay on the announced schedule of the 11th parliamentary elections, reports UNB.Advocate Eunus Ali Akond filed the writ with the bench concerned of the High Court on Sunday morning.The HC bench of Mainul Islam Chowdhury and Mohammad Ashraful Kamal...

NBR weighs further tax cut for RMG exporters

The National Board of Revenue (NBR) is reviewing a proposal for further tax benefit for the readymade garment (RMG) exporters.The review comes a month after apparel makers got the benefit of cut in tax at source.In September last, the income tax wing of the NBR reduced tax at source for...

Treat all candidates equally, CEC asks magistrates

Chief Election Commissi-oner KM Nurul Huda asked the executive magistrates on Sunday to treat all the candidates equally while discharging their election duties, reports UNB."Your duty is to treat all the candidates equally-it's neither less nor more," he said.The CEC was addressing a training programme for the executive magistrates deployed...

EU team optimistic of fair polls

A visiting European parliamentary delegation on expressed their hope on Sunday that the next national election in Bangladesh would be held in a free and fair manner, reports UNB."I'm confident that the coming election will be free and fair," said Rupert Matthews, Conservative Member of the European Parliament, sharing his...