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

Nearly 5 lakh Bangladeshis to become extremely poor for higher inflation: WB

Dhaka, April 4 -- Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank. "Weak... Read More

IMF stresses meeting forex reserves target to get third tranche of $4.7b loan

Dhaka, April 4 -- The International Monetary Fund (IMF) has emphasised meeting the target of the foreign exchange reserve set for March 2024 as a condition of $4.7 billion in loan support for Banglade... Read More

NBR to take pre-arrival processing for imports faster

Dhaka, April 3 -- In a bid to streamline import procedures and curb false declarations, the National Board of Revenue (NBR) has introduced new regulations regarding the submission of import general ma... Read More

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