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

Crisis brewing in shipping industry

CHATTOGRAM, Jan 11: The shipping industry is now faced with mounting challenges following the withdrawal of tax exemption coupled with the imposition of VAT on the sector, posing a serious threat to its growth.In 2022, the government had announced a tax break for the shipping industry until 2030. In the...

Workers clash in CEPZ; 10 injured

Our CorrespondentCHATTOGRAM, Jan 11: At least 10 people were injured in a clash between workers of two factories in the Chittagong Export Processing Zone (CEPZ) in the port city on Saturday.Eyewitnesses said workers of JMS Limited and Marimo Limited were locked in the clash over a trifling incident.Md Akhtaruzzaman, officer-in-charge...

Release of roadmap will boost investor confidence, hopes foreign advisor

The political "uncertainty" created by the changeover of power has caused foreign investors and expatriates to lose confidence in Bangladesh due to the lack of "financial security", but the interim government wants to quickly restore their confidence with a "roadmap", says Foreign Affairs Advisor Md Touhid Hossain, reports bdnews24.com.Touhid made...

Sugarcane farmers more enthusiastic now for timely payment through bKash

Sugarcane farmers associated with the Bangladesh Sugar and Food Industries Corporation (BSFIC) are now receiving payments for sugarcane sales on time, directly into their bKash accounts.This digital payment mechanism ensures hassle-free and accurate transfers, thereby fostering increased farmer engagement in sugarcane cultivation.In the current fiscal year 2024-25, a significant surge...

Padma Oil holds its 55th Annual General Meeting

Padma Oil holds its 55th Annual General Meeting The 55th Annual General Meeting of Padma Oil Company Limited was held on a digital platform on Saturday. Chairman of the Board of Directors A K M Zafar Ullah Khan presided over the meeting. Directors of the Board, Anupam Barna, Md. Zakir...