The increase in issuance of T-bonds and T-bills propelled their yield curves upward in last fiscal year (FY), 2018-19, according to the Bangladesh Bank (BB) statistics.
Read More »India may extend onion export ban to Feb
India may keep a ban on onion exports until February because domestic prices have risen after the harvest of summer-sown crops, which were expected to augment supplies, was delayed and damaged by untimely rains, a government official said.
Read More »BB cuts interest rate for export dev fund
The central bank yesterday cut interest rate on its export development fund (EDF) by 1 percentage point with a view to giving a boost to sluggish export earnings.
Read More »Housing sector gets a shot in the arm
The central bank yesterday increased the ceiling for home loans by 66.66 percent to help the expanding middle class buy properties and build houses amid the price hike of construction materials.
Read More »Agri food processors eye $1b in exports
Agricultural food-processing entrepreneurs yesterday said they can raise their annual exports by more than 40 percent to $1 billion within 2021 through adoption of advanced technology.
Read More »Strike: Goods transport halted at Chattogram port
Transport of goods and containers to and from Chattogram port has been halted since this morning due to a countrywide work abstention enforced by a section of transport workers and owners.
Read More »Minister seeks reasons for decline in foreign aid use
Planning Minister MA Mannan yesterday directed two secretaries to sit with officials concerned to pinpoint the actual reasons behind a decline in foreign aid utilisation last fiscal year despite a huge amount of it being available.
Read More »Asian markets sink as Hong Kong bill adds to trade concerns
Asian markets sank Wednesday on renewed concerns about the China-US trade talks after Washington lawmakers passed a bill supporting Hong Kong civil rights, a move likely to spark anger in Beijing.
Read More »BB cuts EDF loan interest rate on exporters’ demand
The Bangladesh Bank on Tuesday slashed interest rate on loans from the export development fund (EDF) by one percentage points following demand from the exporters in the context of a fall in export earnings in four months (July-October) of the current fiscal year compared with that in the same period …
Read More »Income tax receipt tops Tk 2,000cr in 6 days as fair ends today
Income tax collection in six days of the ongoing weeklong nationwide Income Tax Fair crossed Tk 2,000 crore on Tuesday as a record number of taxpayers filed their tax returns and paid tax at the fair venues.
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