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Budget 2024-25: What can be expected?

DHAKA, May 22 -- The National Board of Revenue (NBR) has proposed a standard VAT rate of 15 percent for many goods and services in the upcoming fiscal year (FY) 2024-25 budget. While there is a propos... Read More


'Dollar crisis' being seized upon by unethical traders to hike prices

Dhaka, May 16 -- As it watched the country's foreign exchange reserves keep draining away, from the peak of $48.1 billion in August 2021 to a net figure that may be less than $13 billion today, Bangla... Read More


Differing reserve figures stirring market instability and consumer price hikes

Dhaka, May 16 -- Amidst a backdrop of fluctuating foreign exchange reserves, Bangladesh Bank has been employing varied methodologies to calculate the nation's reserves, unveiling differing figures. T... Read More


Dollar crisis in kerb market, rate jump to Tk125 after BB hiked exchange rate

Dhaka, May 9 -- The US dollar almost disappeared in the unofficial kerb market amid a sharp rise in its price on Thursday, a day after Bangladesh Bank raised the exchange rate by Tk 7 in a single step... Read More


Green coconut price goes up riding high demand amid scorching heat

DHAKA, April 21 -- The ongoing heat wave has increased the demand for green coconuts as many are rushing for its water to quench their thirst. They are paying a hefty price too. The price of green co... Read More


Banks offer hefty discounts in cashless shopping and traveling on card payment

Dhaka, March 31 -- Cashless payments are adding to the joys of Eid shopping, traveling, Iftar and Sehri meals. Thanks to the hefty discounts offered by banks and mobile financial services (MFS) credit... Read More


'Squeezed middle' in urban areas bearing brunt of Ramadan price hike

DHAKA, March 16 -- The runaway price hike during this year's Ramadan is proving particularly difficult for the middle to lower-middle class households in urban areas, for whom a Tk10-15,000 spike in t... Read More


Entry-level women's recruitment doubles in banking sector, but board representation still lagging

Dhaka, March 8 -- The women employment in the banking sector increased by 1407 in July-December period of 2023, and the overall perrcentage of women employees at banks stood at 16.37 percent in the co... Read More


Commodity prices continue to rise before Ramadan compounding consumer woes

Dhaka, Feb. 27 -- The prices of several essential commodities whose consumption goes up during the Ramadan - the fasting month for Muslims - have continued to rise ins spite of government's rein-in me... Read More