No mismanagement in financial sector will be tolerated: Kamal By Staff Correspondent | Last Updated: 3rd April, 2019, 00:00

Finance Minister AHM Mustafa Kamal on Tuesday has warned that he won’t allow any kind of mismanagement in the country’s financial sector.  “I’m with good people, borrowers…

No mismanagement in financial sector will be tolerated: Kamal

DCCI for widening 
tax-free income limit to Tk 3 lakh DCCI for widening tax-free income limit to Tk 3 lakh

Dhaka Chamber of Commerce and Industry (DCCI) on Tuesday made a proposal to raise the ceiling of tax-free…


Core catcher frame being 
installed at Rooppur NPP Core catcher frame being installed at Rooppur NPP

The construction work of Rooppur Nuclear Power Plant (RNPP) is progressing fast with installation of…


Stock exchanges seek tax waiver for SME share trading Stock exchanges seek tax waiver for SME share trading

The country’s stock exchanges on Tuesday urged the government for tax waiver for share transaction…


Huawei launches new series
of smartphones in Malaysia Huawei launches new series of smartphones in Malaysia

Chinese technology giant Huawei has introduced a new series of smartphones in Malaysia on Tuesday with…


Treasury bond

auction held Treasury bond auction held

Auction of 2-year government treasury bills was held on Tuesday at Bangladesh Bank in Dhaka. A total…


Nasir Chowdhury

elected chairman of

MIDAS Financing Nasir Chowdhury elected chairman of MIDAS Financing

Mohammed Nasir Uddin Chowdhury has been elected as the Chairman of the Board of Directors of MIDAS Financing…


SINGER launches

‘Baishakhi Mela’ SINGER launches ‘Baishakhi Mela’

Singer has launched a month-long special campaign titled “Singer Boishakhi Mela’’…


News of the day News of the day

Global natural gas market is undergoing substantial changes, as gas demand is increasing at a rapid…


Oil hits 2019 high 
on OPEC cuts Oil hits 2019 high on OPEC cuts

LONDON: Oil hit a 2019 high above US$69 a barrel on Tuesday on the prospect that more sanctions against…


India’s factory growth drops to 6-month low: PMI
India’s factory growth drops to 6-month low: PMI

NEW DELHI: Growth in India's manufacturing industry slowed to a six-month low in March as orders…


Australia delivers tax cuts, 
surplus in pre-poll budget Australia delivers tax cuts, surplus in pre-poll budget

CANBERRA: Australia's conservative government on Tuesday proposed tax cuts for low and middle-income…


Asian markets extend 
gains after strong data Asian markets extend gains after strong data

HONG KONG: Asian investors pressed on with their buying spree Tuesday as they took up the baton from…


Bitcoin suddenly springs to 
life, hitting above $5,000 Bitcoin suddenly springs to life, hitting above $5,000

NEW YORK: Bitcoin climbed suddenly on Tuesday to the highest level since November, leading a surge in…


Apple, luxury

brands drop

China prices Apple, luxury brands drop China prices

BEIJING: Apple Inc and other consumer brands lowered prices for their products in China on Monday as…


France’s car

sales down

2.3pc in March France’s car sales down 2.3pc in March

PARIS: France sold less new cars in March, compared with the same month a year earlier, mainly due to…


Mexico cuts

growth forecast

for this year Mexico cuts growth forecast for this year

MEXICO CITY: The government of Mexico, Latin America's second largest economy, has cut its growth…


Euro central

bankers warn of no-deal Brexit risk to markets Euro central bankers warn of no-deal Brexit risk to markets

FRANKFURT AM MAIN: Financial markets have not "priced in" the risk of a no-deal Brexit and…


News of the day News of the day

Chinese duck meat producers are upbeat about the industry's export outlook after the European Union…


US mfg picks up in 
Mar, exports weaken US mfg picks up in Mar, exports weaken

NEW YORK: The US manufacturing sector grew faster than expected last month but exports weakened to their…


WTO slashes world trade growth outlook for this year WTO slashes world trade growth outlook for this year

NEW YORK: World trade shrank by 0.3 per cent in the fourth quarter of 2018 and is likely to grow by…


RBI begins first monetary 
policy meet of FY19 RBI begins first monetary policy meet of FY19

NEW DELHI: The RBI's rate setting panel Tuesday started its 3-day deliberations for the first bi-monthly…


‘UAE’s energy plans will help ensure future wealth’ ‘UAE’s energy plans will help ensure future wealth’

ABU DHABI: Abu Dhabi’s push to diversify its oil and gas sector has resulted in a heavier focus…


Pound drops as Brexit  impasse drags Pound drops as Brexit impasse drags

LONDON: The pound dropped versus the dollar and euro on Tuesday after British MPs once again rejected…


Chinese cities

see slightly

faster house

price growth Chinese cities see slightly faster house price growth

BEIJING: House prices in Chinese cities increased slightly faster in March, Economic Information Daily…


Mena 2020 growth to accelerate

to 3.4pc on

reforms:WB Mena 2020 growth to accelerate to 3.4pc on reforms:WB

DUBAI: Economic growth in the Middle East and North Africa is set to accelerate in 2020 on the back…


Tencent plans

$5bn dollar

bond sale Tencent plans $5bn dollar bond sale

HONG KONG: Chinese social media and gaming giant Tencent Holdings is planning to raise about US$5 billion…


Share prices 
rise on both 
bourses Share prices rise on both bourses

Country’s two bourses closed on Tuesday registering the rise of most of the shares’ price,…


Tokyo stocks close flat Tokyo stocks close flat

TOKYO: Tokyo stocks closed flat Tuesday as earlier gains were erased on profit-taking after the Nikkei…


Rupee opens 13 paise lower at 69.27 against dollar
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NEW DELHI: The rupee opened 13 paise lower at 69.27 against the US dollar on Tuesday. The domestic unit…


Chinese shares 
close mixed Chinese shares close mixed

BEIJING: Chinese stocks closed mixed on Tuesday, with the benchmark Shanghai Composite Index ending…


9500 DI model

tractor hits

Bangladesh mkt 9500 DI model tractor hits Bangladesh mkt

The Metal (PVT) Limited, the sole distributor of TAFE, (the world famous Tractor manufacturing company…


New Zealand launches fund to boost regional

economy New Zealand launches fund to boost regional economy

WELLINGTON: New Zealand Parliamentary Under-Secretary for Regional Economic Development Fletcher Tabuteau…


Sena Kalyan

Sangstha, Altinbilek

Makina ink deal

Sena Kalyan Sangstha, Altinbilek Makina ink deal

An agreement has been signed between Sena Kalyan Sangstha and Altinbilek Makina, a renowned silo company…


Mithai offers 15 Baishakhi packages Mithai offers 15 Baishakhi packages

Popular sweet brand Mithai has introduced Baishakhi packages to its customers on the occasion of Pohela…


Taka up against euro Taka up against euro

The local currency Taka gained against the Euro and went down against the UK pound, and it remained…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained unchanged in the city’s kitchen markets on Tuesday.…


Corporate Corner Corporate Corner

ACME Laboratories Managing Director Mizanur Rahman Sinha and Prime Bank Head of Transaction Banking…

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