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DSEX 5,748.31 0.29% Gold (Ounce) $1,311.30 CSCX 10,646.57 0.25% Oil (Barrel) $63.84 Daily News Flash 14th February 2019 Sell Sell Dollar 83.20 84.40 GBP 105.75 109.75 Sell Sell Euro 93.80 97.80 Rupee 1.16 1.24 Table of Contents Macro Economy ............................................................................................................ 1 HC ORDERS LIST OF MONEY LAUNDERERS, LOAN DEFAULTERS ........................................................................ 1 BUSINESSES TO HELP IN NEW VAT LAW IMPLEMENTATION ................................................................................. 2 BB WARNS OF FRAUD IN FINTECH SERVICES ............................................................................................................... 3 EXPORT PERFORMANCE OF MANY SECTORS FALLS SHORT OF EXPECTATIONS ......................................... 4 THREE INVESTMENT DEALS EXPECTED TO BE SIGNED ........................................................................................... 6 COAL IMPORT FOR PAYRA POWER PLANT BY AUGUST LIKELY .......................................................................... 7 FSRU GAS SUPPLY TO NAT'L GRID RISES TO 450 MMCFD ........................................................................................ 7 SERVICE SECTOR'S H1 EXPORT EARNINGS SOAR OVER 50PC ............................................................................... 8 GOVT RELAXES CONTRACT FARMING TERM FOR NON-EUROPEAN MARKETS ............................................. 9 DEAL ON PAYRA PORT MASTER PLAN TODAY ........................................................................................................... 10 CALL TO MAKE TAX SYSTEM ‘FLEXIBLE’ FOR LOCAL SOFTWARE .................................................................. 10 NBR, FBCCI AGREE NEW VAT LAW WITH CHANGES TAKE EFFECT IN JULY ................................................. 11 LNG BOOSTS CTG FACTORIES .......................................................................................................................................... 12 GARMENT MAKERS GETTING NEW BUYERS .............................................................................................................. 13 巍যাসের দাম ৬৬ শতাাংশ বৃদ্ধির প্রাব .............................................................................................................................................. 14 মুদ্রাবাজাসর ডলাসরর দর বৃদ্ধির চাপ ................................................................................................................................................. 15 ব রদ্ধবদ্ধশষ্ট ভ্যাট বহাল রাখার পসে বযবোয়ীরা ............................................................................................................................. 16 হালকা প্রসকৌশল দ্ধশসের উন্নয়সে পৃথক দ্ধশেে巍রী হসে: দ্ধশেমন্ত্রী ....................................................................................................... 16 হ ও কা쇁দ্ধশসের ডাটাসবজ ততদ্ধর করা হসব ...................................................................................................................................... 17 দ্ধিদ্ধজ-ফ ারদ্ধজর অদ্ধভ্জ্ঞতা: বযবোদ্ধয়ক পদ্ধরকেো ছাড়া াইভ্দ্ধজর ো লয দ্ধেসয় শঙ্কা ........................................................................ 17 ঋণসখলাদ্ধপ অথথ পাচারকারীসদর তাদ্ধলকা ততদ্ধরর দ্ধেসদথশ .................................................................................................................... 18 ভ্ারত দ্ধবমাে পদ্ধরবহে-পর্থটসে েহায়তা করসত চায় ........................................................................................................................... 19 দ্ধতে বছসর ছয় ধাপ অবেদ্ধত .............................................................................................................................................................. 19 Bank and NBFIs ........................................................................................................... 20 BANKS WANT HIKE IN INTEREST RATE ON FOREIGN CURRENCY TRADE FINANCE .................................. 20 DEPOSIT THROUGH AGENT BANKING RISES 122PC ................................................................................................. 21 Capital Market Specific................................................................................................ 22 BSEC RETREATS FROM SUING 3 INVESTORS FOR SPCL PRICE RIGGING ........................................................ 22 STOCKS BREAK THREE-DAY LOSING STREAK ON NBFI GAINS ........................................................................... 23 DSE PROBES SHAWPNO’S CONTINUOUS HUGE LOSSES .......................................................................................... 24 LANKABANGLA RECOMMENDS 15PC DIV .................................................................................................................... 24 TOP TEN COS ACCOUNT FOR 29PC TURNOVER ON DSE .......................................................................................... 25 CDBL MOVES TO RESTRICT SPONSORS' SHARE SALE ............................................................................................. 26 আয়ারলযাসে েহসর্া巍ী প্রদ্ধতষ্ঠাে াপে করসব ফরসেটা ...................................................................................................................... 26 駁ই দ্ধেদ্ধকউদ্ধরটজ হাউজসক আদ্ধথথক জদ্ধরমাো কসরসছ কদ্ধমশে ............................................................................................................. 27 দর পতসের শীসষথ দ্ধবসশষ তাদ্ধলকায় থাকা ৮ ফকাম্পাদ্ধে....................................................................................................................... 27 ও綿দ্ধেসত পাঠাসোর দ্ধেিাসে ফশয়াসরর বযাপক দরপতে .................................................................................................................... 28 ফশয়ারবাজাসরর মন্দায় ফহাোঁচট ফখসয়সছ লাংকাবাাংলা াইেযান্স .......................................................................................................... 28 ফলেসদসের তাদ্ধলকায় পঞ্চম োবসমদ্ধরে ফকবল .................................................................................................................................. 28 জদ্ধম দ্ধকেসব অদ্ধলদ্ধম্পক ইোদ্ধিজ ..................................................................................................................................................... 29 Daily News Flash Thursday, February 14, 2019 Macro Economy HC ORDERS LIST OF MONEY LAUNDERERS, LOAN DEFAULTERS The High Court ordered on Wednesday the authorities concerned to prepare a list of loan defaulters and money launderers of the last 20 years and submit it to the court, report UNB and BSS. The HC also issued a rule asking the authorities concerned to explain why an order should not be given to form a powerful commission to identify irregularities and corruption in the banking sector in the previous years. The HC bench of Justice F R M Nazmul Ahsan and Justice K M Kamrul Kader came up with the order and rule after primary hearing on a writ petition filed by lawyer Manzill Morshed on behalf of the Human Rights and Peace for Bangladesh (HRPB) to stop irregularities and corruption in the banking sector. Secretaries to Prime Minister's Office, Cabinet, Ministry of Finance, Bangladesh Bank Governor and chairmen and managing directors of all public and private banks were made respondents to the rule. Lawyer Manzill Morshed stood for the writ petitioner and deputy attorney general Barrister A B M Abdullah Al Mahmud Bashar for the state. During the hearing, the court said a vulnerable situation had already been created in the public and private banking sectors in the country. Necessary steps should be taken to stop all irregularities for reviving the economy and taking it to a strong position. An FE Report adds: The statistics available with the Bangladesh Bank showed that the total amount of default loans, also termed classified loans, stood at Tk 993.70 billion at the end of September, 2018. The volume of non-performing loans (NPLs) jumped by nearly 34 per cent or Tk 250.67 billion to Tk 993.70 billion as of September 30, from Tk 743.03 billion as of December 31, 2017. The private think-tank Centre for Policy Dialogue (CPD), in a report in December last, mentioned that a total of Tk 225.02 billion had been plundered from the country's banking sector through major scams, irregularities and heists in the last one decade. The think-tank also suggested forming a banking commission to review the overall situation of the country's banking sector. On the other hand, an estimation of the Global Financial Integrity (GFI), a Washington-based research centre, showed that the annual average illicit outflow of capital from the country stood at $7.58 billion during the period of 2005-2014. It also showed that in 2015, at least $5.90 billion had been illicitly-transferred from Bangladesh to advanced countries through misinvoicing in international trade. Moreover, money laundering and capital flight also allegedly took place in the form of seeking permanent or long-term residency in other countries. For instance, about 3,746 Bangladeshis availed the long-term residency in Malaysia under the Malaysia My Second Home (MM2H) programme during the period of January, 2002 and August, 2017. 1 Back to Table of Contents Daily News Flash Thursday, February 14, 2019 Two years ago, the Anti-Corruption Commission (ACC) said that it had identified 1,050 Bangladeshi citizens who invested in Malaysia to build their second homes under the MM2H programme. To avail the long-term residency in Malaysia under its MM2H programme, one