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

Xmas Day today

Today is Christmas Day, the birthday of Jesus Christ, Jewish preacher and religious leader of the first-century, reports BSS.The Christians of different groups in Bangladesh and elsewhere across the world will celebrate the day amid festivity and religious fervour.They will celebrate the day by offering special prayers, illuminating churches, and...

Six industrial enterprises of embroiled S Alam shut

CHATTOGRAM, Dec 24: Gates of six factories here of the embroiled S Alam Group, including power plant and sugar refinery, were shut on the staffs indefinitely without citing grounds.Witnesses said the suddenly laid-off staffers kept staging factory-gate demonstrations, in one of troubles of recent times in some big businesses following...

Medicine prices make fast leaps

Pharmaceutical companies have raised prices of medicines substantially in latest spikes at their free will, aggravating sufferings of ailing people.Prices of many lifesaving drugs have been increased further by 12 per cent to as high as 66 per cent in-between August and November, making patients to pay through their nose.Lack...

Reforms, election process discussed

National Security Adviser of the United States Jake Sullivan had phone talk with Bangladesh Chief Adviser Prof Muhammad Yunus when the country's economic progress, reform and election processes came up for discussion. During the telephonic conversation on Monday evening, they discussed "issues of mutual interest", a spokesman for the CA...

Govt seeks $250m in assistance from WB

The government has sought nearly US$250 million in assistance from the World Bank (WB) to rehabilitate the flood-affected regions in the north- and south-east of the country, officials said on Tuesday.Following a request from the Local Government & Rural Development Ministry and from the Water Resources Ministry, the Economic Relations...

Embattled Islami Bank MD skips office

Fresh tension roils Islami Bank Bangladesh as its managing director Muhammed Monirul Moula skips office attendance following agitation by officials of the bank demanding his resignation.Sources at the IBB, country's largest unconventional bank, said Tuesday a group of officers have been staging protest for resignation of its chief executive, who...

Central bank caps remittance dollar purchase rate at Tk 123

The Bangladesh Bank (BB) has instructed other banks to purchase remittance dollars at a maximum rate of Tk 123 per dollar. The instruction came at a meeting with 13 commercial banks held at the BB headquarters in Dhaka on Tuesday. "We've been instructed to buy remittance dollars at a maximum...

Income tax return time extended to Jan 31

The National Board of Revenue (NBR) on Tuesday extended the deadline for submitting income tax returns by one month till January 31, reports UNB.The last date of submitting income tax returns of all categories of taxpayers except companies for the tax year 2024-2025 was December 31.The revenue authority issued an...