News

Around Tk 200 crore or 29 per cent of the total cost allocated to the National Board of Revenue’s VAT Online Project may remain unspent by the end of December 31, 2020, the project deadline, due to lack of progress.

Seven out of the country’s eight state-owned banks are yet to disburse any loan to the low-income group of people, farmers and marginal or small businesses from the Bangladesh Bank-formed Tk 3,000 crore in revolving refinance scheme in five months of its launch.

Such mergers allow companies to remove duplication and create economies of scale

Jatiya Sangsad Speaker Dr Shirin Sharmin Chaudhury, MP, on Saturday said the ‘Bangabandhu Youth Loan’ of Karmasangsthan Bank is an effective step to create opportunities of youths and enhance their capabilities for their development.

Posts and Telecommunications Minister Mustafa Jabbar today said cashless society in Bangladesh is imminent due to the outcome of government’s digital activities.

The China Tianjin International Fair for Investment and Trade will open online in north China’s Tianjin Municipality on Oct. 12, focusing on cooperation and innovation, the organizing committee said Friday.

The disbursements of foreign aid declined by about 29.5 per cent to US$528 million in the first two months of the current fiscal year (FY) than that of the corresponding period of last FY, according to provisional data available with the Economic Relations Division (ERD).

The annual housing fair of the Real Estate and Housing Association of Bangladesh (REHAB) is not being held this year due to the Covid-19 pandemic. Instead, it now plans to hold the next year’s fair in March next.

The central bank yesterday capped the interest rate on credit card loans at 20 per cent in a relief for clients as they would get rid of the burden of higher interest amid the pandemic.

Supply chains of the CMSME sector were disrupted severely by the Covid-19 pandemic