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

Make taxation progressive, easier to reduce inequality

Experts at a dialogue on Sunday called for making the country's taxation system progressive as they dubbed the existing one non-progressive that imposes huge indirect taxes on the poor.The commoners have to pay huge money as indirect taxes, they said at a dialogue on 'Progressive Taxation to Reduce Inequality' at...

DRC-ICAB gets new chairman, secretary

Ariful Islam Amran Hossan A.H.M. Ariful Islam FCA and Md. Amran Hossan FCA have been elected chairman and secretary respectively of the Dhaka Regional Committee (DRC) of the Institute of Chartered Accountants of Bangladesh (ICAB) for the year 2019.The election was held at the 39th annual general meeting (AGM)...

Thrust on quality data to prepare dev agenda

The field officers of Bangladesh Bureau of Statistics (BBS) have been asked to ensure collection of quality data to help prepare the country's development agenda properly. Accurate and quality data helps take appropriate policy decisions, a training programme for the BBS officers was told.Joint directors, deputy directors and master trainers...

US economy shows signs of slowing

WASHINGTON, Dec 23 (AFP): President Donald Trump's multi-front trade wars are dragging down growth, slowing the economy in the second half of the year even as inflation stays low, new government data released Friday revealed.The data showed that falling exports and slower consumer spending are putting the brakes on economic...

Mamun-Ur-Rashid inaugurating Standard bank's 131st branch

Managing Director & CEO of Standard Bank Limited Mamun-Ur-Rashid inaugurating the bank's 131st branch at Anik Super Market, Station Road, Sreemangal, Moulvibazar, on Sunday while senior executives of the bank and local elite were present

Italy Senate passes revised budget after EU standoff

ROME, Dec 23 (AFP): The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures.Senators passed the budget put forward by the governing coalition of the anti-establishment Five Star Movement (M5S) and the anti-immigration League...

China to meet growth target for 2018

BEIJING, Dec 23 (Xinhua): China is set to meet its economic growth target of 6.5 per cent this year, a senior official said Saturday.China's gross domestic products (GDP) will reach nearly 13 trillion US dollars, said Ning Jizhe, deputy head of the National Development and Reform Commission, at a forum.In...

Tofail Ahmed and S M Amzad Hossain jointly inaugurating SBAC bank's 73rd branch in Bhola

Commerce Minister Tofail Ahmed and Chairman of South Bangla Agriculture and Commerce (SBAC) Bank Ltd S M Amzad Hossain jointly inaugurating the bank's 73rd branch in Bhola on Sunday. Managing Director and CEO of the bank Md Golam Faruque presided over the ceremony