Current News

The Monetary Authority of Singapore (MAS) has said in a report that economists and analysts polled in the Survey of Professional Forecasters expect Singapore’s gross domestic product (GDP) to grow 5.8 per cent in 2021.

Nagad, a digital service of Bangladesh Post Office, has expressed willingness to provide its digital financial services to four banks, including the state-run Rupali Bank.

The Meghna Group of Industries, one of the country’s leading businesses houses, yesterday launched two oceangoing dry bulk carriers in a bid to strengthen its capacity to carry both local and international cargo. 

A survey found that 34.2 per cent of wage earners and 37.3 per cent of self-employed people who witnessed income losses during the COVID-19 outbreak are yet to get back to their pre-COVID income level.

The point-to-point inflation increased by 0.30 percentage points to 5.32 per cent in February from that of 5.02 per cent in January on price hike of both food and non-food items, according to the Bangladesh Bureau of Statistics.

Despite a record-setting year of profit, the NBFI is unable to reward shareholders as it deems fit

The National Board of Revenue (NBR) has now decided to initiate legal proceedings against field-level VAT officials if they are found involved in tampering with the data of Electronic Fiscal Device (EFD) or Sales Data Controller (SDC).

The government has assigned 28 teams to monitor and oversee the price trends of key essential items in the city markets, officials said.

Net profit in the banking industry plunged 44 per cent year-on-year to Tk 5,279 crore last year because of the massive loss incurred by state-run Janata Bank.

The volume of rescheduled loans contracted last year owing to the central bank’s moratorium facility on loan instalments