Dhaka stocks inched up in the morning session today, stretching the gain to the fifth consecutive day. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 20 points, or 0.31 per cent, to 6,617 at 11:15 pm. Turnover at the premier bourse in Bangladesh stood at Tk …
Read More »RAKUB disburses Tk 143-cr loan for fish farming in northwest districts
Rajshahi Krishi Unnayan Bank (RAKUB) has disbursed loans of around Taka 143 crore for fish farming in the country’s northwest districts during the last 2021-2022 financial year, officials said. The state-owned specialized bank distributed the loan among 2,250 commercial fish farmers in all 16 districts under Rajshahi and Rangpur divisions …
Read More »Revenue collection jumps 21pc in Jul-Aug
Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy. As such, the NBR has collected Tk 40,270 crore from income …
Read More »Revenue collection jumps 21pc in Jul-Aug
Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy. As such, the NBR has collected Tk 40,270 crore from income …
Read More »More LNG terminals on cards as dependence on LNG import to continue: Energy Adviser
Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury has said the dependence on imported liquefied natural gas (LNG) will continue some more time as there is no immediate possibility of gas exploration from the country’s offshore areas. “So, the government has taken initiative to set up more floating storage and re-gasification units …
Read More »Bangladesh received over $1 billion remittance till Sep 15
Bangladesh received inward remittance worth over USD $1008.67 million (1,000 million = 1 billion) in the first 15 days of September, amid forex crisis in the country. Bankers said remittance inflow shows an upward trend as the remitters are encouraged by the depreciation of taka and they get more than …
Read More »Customs locks 3,270 BINs for irregularities
Customs Bond Commissionerate (Dhaka) of the National Board of Revenue has so far locked a total of 3,270 business identification numbers of bonded warehouse licence holders for non-compliance with conditions of the license and other irregularities. With the locked BINs, there are 7,127 BIN holders in the country. Of the …
Read More »Call for logistics policy to make ports efficient
Speakers at a seminar on Monday suggested that the government make the port logistics system more efficient to lower cost of doing business and attract more investment in industries. To this effect, they called for framing a ‘National Logistics Policy’ in order to make the port logistics management more resourceful …
Read More »WB first wants to know about forex reserves
World Bank has sought to know about Bangladesh’s current economic situation, especially the state of forex reserve and inflation, ahead of providing $250 million in budgetary support. A 10-member delegation of the international lender held a meeting in this regard with State Minister for Planning Shamsul Alam at his office …
Read More »Stocks keep gaining
Dhaka stocks edged up in the morning trade today, maintaining the upward trend for the fourth consecutive session. The DSEX, the benchmark index of the premier bourse in Bangladesh, rose 73 points, or 1.11 per cent, to 6,674 at 12:30 pm. Turnover stood at Tk 1,908 crore. Of the securities, …
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