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

Japan lifts foreign aid in Q1

The inflow of foreign aid to Bangladesh jumped by 55 per cent in the first quarter (Q1) of this fiscal after Japan released a big chunk of budget support to help the economy recover from the Covid-related devastations, officials said on Wednesday.The bilateral and multilateral development partners disbursed US$1.45 billion...

An exemplar of ethical, patriotic businesses

An editorial of the ICCB News Bulletin has eulogised late business tycoon Latifur Rahman for his honesty and integrity. Latifur Rahman, Chairman of Transcom Group was the founding member and Vice President of ICC Bangladesh and founding Vice President of Bangladesh International Arbitration Centre until his sad demise on 1...

Cases hit all-time high weekly number: WHO

India's tally of coronavirus cases stood less than 10,000 away from the grim milestone of 8 million, as 43,893 new cases were reported in the last 24 hours, data from the federal health ministry showed, report agencies.Infections in the USA crossed milestone of 9 million.Totalling 7.99 million, India has the...

Erfan, his bodyguard remanded

A court has granted permission to the police to interrogate suspended ward councillor Erfan Selim and his bodyguard Mohammed Zahid for three days in custody in a case over the assault on a naval officer, reports bdnews24.com.Dhaka's Additional Metropolitan Magistrate Asaduzzaman Nur on Wednesday issued the remand order after Dhanmondi...

Outraged by the display of caricatures

Outraged by the display of caricatures of Prophet Muhammad (PBUH) in France, activists of Islami Oikya Jote protest on the premises of Baitul Mukarram National Mosque in the city on Wednesday — FE photo by Shafiqul Alam

Belgian co to be hired for dredging

The Cabinet Committee on Economic Affairs on Wednesday approved dredging of Rabnabad channel of Payra seaport by Belgium-based company Jan De Nul.The maintenance dredging will be done under direct purchase method, as the committee approved such a proposal placed by the Ministry of Shipping.Payra is third seaport of the country...

NBR files case against Foodpanda

The National Board of Revenue's (NBR) VAT intelligence department filed a case on Wednesday against Foodpanda, one of the country's major online food suppliers, on charge of VAT evasion worth Tk 34 million.A team of VAT intelligence recently conducted a sudden raid in Foodpanda's office at Navana Pristine Pavilion. Deputy...

Constable Titu lands in jail

Sylhet, Oct 28 (UNB): A Sylhet court on Wednesday sent a suspended constable Titu Chandra Das to jail after conclusion of eight days of remand in two phases over the death of Raihan Ahmed at Bandarbazar police outpost.Sylhet Additional Chief Metropolitan Magistrate Court Judge Ziadur Rahman passed the order after...

Keep constant vigil to face any threat to country, constitution: PM tells army

Prime Minister Sheikh Hasina Wednesday asked the army to gain greater strength to defend Bangladesh in case of any internal or external attack on the country though the nation doesn't want war against any country, reports BSS."We have to achieve more strength as we can remain prepared to face any...

Paramount Textile declares 20pc dividend

The Board of Directors of Paramount Textile at a meeting on Wednesday recommended 15 per cent cash dividend for general shareholders and 5.0 per cent stock dividend for all -- a total of 20 per cent dividend -- for the year ended on June 30, 2020, says a statement.Considering the...