Exclusive

Publication

Byline

Location

Govt plans to escalate recurrent expenditure to 9.5pc by 2025-26

Dhaka, April 8 -- The government is set to increase its recurrent expenditure from 8.7 per cent of the Gross Domestic Product (GDP) in the current fiscal year 2023-24 to 9 per cent in 2024-25, with a ... Read More


Malaysia's largest home improvement retailer MR DIY now in Dhaka

Dhaka, April 7 -- MR DIY, the leading household retail brand in Southeast Asia, has entered Bangladesh as the 12th market, with its newly launched retail store located at Polwel Carnation Shopping Cen... Read More


Newly-elected Board of Directors of BGMEA takes charge

Dhaka, April 7 -- The newly elected Board of Directors of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President S. M. Mannan (Kochi), took charge of the trade bo... Read More


Gold price hits record high of Tk1,15,824 per bhori

Dhaka, April 7 -- The price of gold has reached a record high of Tk1,15,824 per bhori with a latest increase in price by Tk1,750 per bhori. In a press release on Saturday (6 April), the Bangladesh Je... Read More


Brokers get 9 months more for non-editable back-office software

Dhaka, April 6 -- Brokerage firms have been granted an additional nine months to implement non-editable uniform back-office software from panel-listed vendors, aimed at preventing the misappropriation... Read More


Private sector credit growth inches up to 9.96pc in Feb

Dhaka, April 6 -- Private sector credit growth slightly increased to 9.96% in February, edging up by 0.01 basis points from January, amid Bangladesh Bank's contractionary monetary policy that keeps in... Read More


After banks, now NBFIs told to set up willful defaulter units

Dhaka, April 5 -- Following similar action taken against the banking industry last month, the Bangladesh Bank (BB) has now instructed non-banking financial institutions (NBFIs) to set up willful defau... Read More


Yousuf Flour becomes DSE's priciest stock

Dhaka, April 5 -- The share price of Yousuf Flour Mills Limited - a company listed on the Dhaka Stock Exchange (DSE) SME platform - continued to skyrocket, making it the most expensive stock yesterday... Read More


WB slams tax provision to legalize black money

Dhaka, April 5 -- The World Bank has criticized the government's policy for legalizing undisclosed wealth through investments, stating that such policies discouraged honest taxpayers and encouraged ta... Read More


Importance of balancing recurrent, capital expenditure stressed

Dhaka, April 4 -- The finance ministry has highlighted the crucial need for a balanced approach to budgetary allocations between recurrent and capital expenditure, recognising their collective impact ... Read More