News

Bangladesh Bank (BB) has instructed banks and Non-bank Financial Institutions (NBFIs) to submit loan

The country’s feeble bond market is going to face a major blow as the government plans to impose a 5 per cent source tax on profits of investments in treasury bills and bonds.

The Bangladesh Telecommunication Regulatory Commission on Sunday slapped two conditions on leading mobile phone operator Grameenphone as part of the implementation of its Significant Market Power Regulations, 2018.

People may have to pay three times higher advance income tax on compensation they receive against acquisition of their immovable property, mainly land, by the government and other agencies.

The government today signed a loan agreement of US$ 250 million (budget support) with the International Development Association (IDA) of the World Bank Group to finance the “Second Jobs Development Policy Credit (DPC-2)” program.

Country’s premier bourse, Dhaka Stock Exchange (DSE) today began week posting marginal gain as panicked investors decided to wait and take their stances amid ongoing COVID-19 pandemic.

Stocks ended lower in the post-budget week as investors found nothing special for the capital market development in the proposed budget.

United Nations (UN) Secretary-General Antonio Guterres has called for the protection of jobs amid Covid-19.

The Jatiya Oikyafront in a statement today came down heavily on the government for placing a “debt-dependent” national budget for the 2020-21 fiscal and termed it a budget of bankruptcy.

The prices of rice, red lentil and onion went up on the city’s kitchen markets over the week ending on Friday.