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Call money rate exceeds 11pc

Dhaka, May 19 -- The inter-bank call-money rate crossed 11 per cent on Monday due mainly to increase in cash withdrawals from banks ahead of Eid-ul-Adha. The call money rate ranged between 9.95 per c... Read More


Private sector credit growth plummets to historic low

Dhaka, May 19 -- Formal credit growth for private sector plummeted to a historical low of 4.72 per cent as per latest data available up to March, indicating holdback in economic pickup for multiple ad... Read More


Reframing economic governance: from tax collection to wealth creation

Dhaka, May 19 -- Economic growth cannot be sustained merely through increasing taxes, tightening regulations, or expanding compliance requirements. True and sustainable national prosperity is created ... Read More


April NBR revenues up marginally

Dhaka, May 19 -- The government's revenue authority saw only modest improvement in tax- collection growth in April, with receipts increasing by nearly 7.0 per cent year on year, underscoring the mount... Read More


Commerce minister expresses govt's intention to hold FBCCI elections

Dhaka, May 19 -- The government is willing to hold the FBCCI elections within the shortest possible time, although legal challenges stemming from writ petitions filed by some business groups remain a ... Read More


CNG filling stations to stay open 24 hrs during Eid holidays

Dhaka, May 19 -- The government has instructed all CNG (compressed natural gas) filling stations across the country to remain open round the clock during the Eid-ul-Azha holidays to ensure smooth vehi... Read More


New law on the anvil to reinforce RAB's accountability: Home Minister

Dhaka, May 19 -- Home Minister Salahuddin Ahmed has said the government started drafting a new law aiming to reinforce accountability and transparency of the Rapid Action Battalion (RAB). "We (the go... Read More


Excessive reliance on indirect taxes pushing up inflation: Speakers

Dhaka, May 19 -- Excessive dependence on indirect taxes is placing an additional financial burden on the public through inflationary pressure as well as discouraging investment growth, speakers at a d... Read More


High taxes fuelling illicit tobacco market: Experts

Dhaka, May 19 -- The government continues to lose revenue due to the growth of the illicit tobacco market amid higher tax rates, said researchers at a programme on Monday. The purposes of the higher ... Read More


Transport ministry seeks Tk 4.0b grant to procure 100 EVs for BRTC

Dhaka, May 19 -- The road transport and bridges ministry has sought a Tk 4.0 billion grant from the finance ministry to procure 100 electric buses for the Bangladesh Road Transport Corporation (BRTC) ... Read More