Current News

Import-related irregularities have gone down significantly after the National Board of Revenue (NBR) doubled the minimum penalty for evading duties, helping the government earn more in taxes.

The securities regulator turned down the listed companies’ association plea for waiving payments of accrued interest gained from undistributed dividends or un-refunded public-subscription funds.

After buying a record amount of US dollars last year, Bangladesh Bank has begun selling the American greenback following a decline in remittance and an increase in imports.

Asian markets fell Thursday as hopes for the global recovery and signs of a possible slowdown in new virus infections play off against the prospect of an end to Federal Reserve

The country’s overall economic situation started showing some signs of improvement from the last fiscal year despite the ongoing pandemic but subdued growth in private investment and excess liquidity in banks still remain a major concern. 

Garment makers have demanded a 10 per cent incentive on the export of garment items made from non-cotton fibres to encourage investment in man-made fibre (MMF).

Bangladesh Jute Mills Corporation (BJMC) has received around 55 proposals from home and abroad till date seeking to invest in 25 state-run jute mills shuttered in July 2020 for modernisation, said BJMC Chairman Md Abdur Rouf yesterday.

Stocks witnessed a positive trend on Thursday, after the previous day’s mild correction, as bargain hunters remained in a buying mood on sector-wise issues.

Padma Bridge, Payra Port and Dhaka Metro Rail-6 are among the fast-track projects nearing completion, whereas several others are witnessing a slower than expected implementation rate, according to a progress report.  

In FY21, the government allocated Tk1,500 crore in total for the improvement of living standards of the marginalized people in the CMSME sector and rural areas