The Financial Express | Financial Online Newspaper

Dhaka,  Fri,  26 August 2016
walton
August 26, 2016, 12:27 am
The central bank is set to ask banks, having more than 5.0 per cent classified loans on total outstanding, to inform about their initiatives for reducing the volume of such loans, officials said. As per the decision, the Bangladesh Bank (BB)
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August 26, 2016, 12:23 am
Different types of mosquito coil, allegedly containing excessive toxic chemicals, are being marketed in the country without any approval from the concerned authorities. The coils have posed a serious threat to public health, experts have said. Currently, several companies have got Bangladesh
The National Board of Revenue (NBR) has sought cooperation from the district administrations to ensure compliance with VAT payments by the businesses operating outside cities. The Value Added Tax (VAT) wing under the board has recently sent letters to all Deputy Commissioners (DCs) across the country and requested them to help NBR collect VAT deduction at source (VDS) and bring more businesses under VAT registration network. Senior secretary of Internal Resources Division (IRD) and NBR chairman Nojibur Rahman has recently sought cooperation on collection of VAT. VAT collection contributes 37 per cent of the total tax revenue target. In the current fiscal year (FY),
Some 60 per cent banks operating in Bangladesh faced termination of ties with their foreign corresponding banks in transactions during the last three years, basically for a credibility gap, a research reveals. According to the findings on the state of trans-border
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River vessel workers decided to continue their strike as a meeting to resolve the crisis over their some demands ended inconclusively Thursday, reports UNB. The meeting was held between owners' associations and the government. The river vessel workers under the banner of Water Transport Workers' Movement Committee went on an indefinite strike early Tuesday to press home their four-point demand, including fixation
India has again reminded Bangladesh of complying with the mandatorily marking country of origin in exported jute bags, officials said. "This stipulation is often violated and imports of jute bags without bearing any mark of the country of origin, thereby, find their way into the Indian market," the High Commission of India in Dhaka said in a recent letter to the
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Critics of local French bans on full-body burqini swimsuits have filed legal challenges, forcing the country's highest administrative authority to
Black carbon - soot particles that absorb sunlight, spread by fossil fuel combustion - are thought to accelerate the thinning of the glaciers of Himalaya and Tibet.  Scientists have just identified the source of this Asian carbon, reports UNB. The smears that warm the ice in the Himalayas come from India, they say. And two-thirds of the black cloud that settles on the frozen rivers of Tibet is from China. Since billions of people in the region depend on the steady flow ...
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Vice Chancellor of Dhaka University (DU) Professor AAMS Arefin Siddique has expressed deep shock at the death of AFM Mohitul
Telapia fish produced in Bangladesh is completely safe for human health, according to a research report, reports BSS. "There is no toxic chemical in Telapia fish here. It is cent per cent safe for health and rich in nutrients. Therefore, the people can consume Telapia fish without any hesitation," said Fisheries and Livestock Secretary M Maksudul Hassan Khan at a seminar in the city on Wednesday, citing a research conducted by Bangladesh Fisheries Research Institute (BFRI). BFRI Director General Dr Yahia Mahmud ...
Amazon.com Inc is working on a music subscription service that would cost about $5 a month and would only work on its Echo hardware, tech news website Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and publishers, Recode reported. Amazon was preparing to launch a standalone music streaming subscription service at $9.99 per month, in line with major rivals, Reuters reported in June, citing sources. The ...
Awami League Advisory Council member and Industries Minister Amir Hossain Amu said on Thursday BNP gave birth to fanaticism and militancy in the country by inducting the war criminals in state power, reports BSS. "The aforesaid evil force is involved in various conspiracies including militant attacks to jeopardise the country's forward march. National unity has already been forged under the leadership of Prime Minster Sheikh Hasina to eliminate militancy," he said expressing his firm determination that the country will march ahead ...
RANGPUR, Aug 25: Aman cultivators of the district are worried as the cultivation of the crop is facing serious setback in the region this season owing to lack of adequate rainfall during the last 20 days. Visiting different areas recently this correspondent found cracks developed on T-Aman paddy fields in many areas and the growers are struggling to save their lands from being damaged. Though the solvent farmers are irrigating   their lands by shallow or deep pump machines, marginal and poor farmers ...

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CompanyYCPHighLowCLOSE%CHG
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ATLASBANG125.50138.00126.80138.009.96
FEDERALINS10.0011.0010.1010.909.00
RAHIMTEXT319.60347.50321.00347.508.73
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APEXTANRY144.80153.10146.30152.905.59
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Editor : A.H.M Moazzem Hossain
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