Banking & Commodity

The price of aubergine shot up to Tk 90 a kilogram on the kitchen markets in the capital on Tuesday, a day before the beginning of Ramadan, the fasting month of the Muslims.

The selling of essential products by the state-run Trading Corporation of Bangladesh (TCB) will continue across the country despite the strict lockdown enforced by the government to rein in the surge in Covid-19 cases.

The Bangladesh Bank on Tuesday asked banks to provide service to customers for three hours in working days during the April 14-21 restriction period, backtracking on its previous decision to keep scheduled banks closed for the eight days.

He made the remarks while addressing a virtual conference titled “Rural to Global E-Commerce Policy Conference 2021” organized by the e-Commerce Association of Bangladesh (e-CAB) on Saturday

The National Board of Revenue (NBR) has withdrawn advance tax from imported unrefined soybean and palm oil.

Banks usually charge account maintenance fees twice a year, but the central bank instructed the lenders to charge the fee only once from now, for account holders with up to Tk10 lakh in deposits in any savings account

Speakers at a webinar of the Dhaka Chamber of Commerce and Industry (DCCI) today mentioned that supply of essential commodities is adequate and there is no possibility of price hike during the holy month of Ramadan.

Consumer spending has increased remarkably ahead of Ramadan this year amid a rising trend in prices of six key essentials including rice, edible oil, sugar, chicken meat, milk and fish.

The government is developing the country’s first industrial park for electrical and light engineering product manufacturers at a cost of Tk 300 crore in Munshiganj, which could herald a beginning to bring the highly scattered and unorganised industries under a single platform.

58 banks and 30 non-bank financial institutions (NBFIs) recovered at Tk1,49,774.61 crore from the CMSMEs