Revenue collection witnesses 14.36pc growth in July-Oct

Dhaka, Dec. 3 -- The revenue collection by the National Board of Revenue (NBR) from income tax, customs and VAT during the July-October period of the current fiscal year (FY24) witnessed a 14.36 per c... Read More

Forex reserve shrinks by $120m in a week

Dhaka, Dec. 2 -- Bangladesh's foreign exchange reserve has fallen by nearly $120 million in the span of a week, central bank data showed. The reserve stood at $19.40 billion on Wednesday, down from $... Read More

Loan interest rate for NBFIs hiked to 13.18pc

Dhaka, Nov. 30 -- Days after hiking its key policy rate to tame inflation, the central bank has now hiked the lending rate for non-bank financial institutions (NBFIs) by 25 basis points to 13.18%. Th... Read More

Bankers appreciate taka further against US dollar

Dhaka, Nov. 30 -- Bankers decided to cut purchase and selling rates of the US dollar by more Tk 0.25 per dollar from next week with the aim to cool down the overheated foreign exchange market. Offici... Read More

Japan seeks faster fund flow to expedite project execution in BD

Dhaka, Nov. 28 -- Japan has moved to lessen procedural delays in channelling funds to Bangladesh to expedite project implementation, officials said. The initiative has been taken as complex procedure... Read More

Dollar still costlier despite move to appreciate taka

Dhaka, Nov. 24 -- Two forums of banks on Wednesdaycut US dollar prices by Tk 0.5 but the move left little impact on the foreign exchange market as most banks collected remittances at Tk 122-123 a doll... Read More

DSE demotes two officers nine months after promotion

Dhaka, Nov. 24 -- The Dhaka Stock Exchange (DSE) has demoted two officers nine months after their promotion to the post that does not exist in the organogram. The DSE took the move after the stock ma... Read More

1,824 accounts have over Tk 50 crore in bank deposit

Dhaka, Nov. 24 -- The number of bank accounts with deposits over Tk 50 crore rose by 3.75 percent in three months to June in the country. Banks in Bangladesh had 1,824 accounts with deposits over Tk ... Read More

Banks cut dollar rate by Tk 0.5

Dhaka, Nov. 23 -- Two forums of banks today decided to cut purchase and selling rates of the US dollar by Tk 0.5 from tomorrow citing improvement in the overall current account, which records the nati... Read More

FBCCI, CCCI urge NBR to extend deadline

Dhaka, Nov. 23 -- The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) and the Chittagong Chamber of Commerce and Industry (CCCI) have requested the National Board of Revenue (NBR)... Read More