Dhaka June 19, 2025, 3:39 pm
The Planning Commission (PC) is going to be tough on the public agencies which revise their development projects repeatedly.
Bangladeshi expatriates sent home 1.56 billion US dollars in July, the first month of the current 2019-20 fiscal year, a central bank official has said.
Authorities concerned met on Monday in the wake of an announcement in the budget to grant 2.0 per cent incentives for remitters as part of its efforts to encourage them to send money through the banking channel.
The Bangladesh Bank will issue a circular immediately asking the scheduled banks to ensure single-digit interest rates on both lending and deposit.
The country's apex chamber on Saturday said the central bank's lower private credit growth target would impact investment, especially in smaller firms.
At least 10 projects have been suffering from the implementation delays as the World Bank's fund meant for Bangladesh has dried up, officials said.
Finance minister AHM Kamal on Thursday lashed out at the officials of the BASIC Bank for their failure to improve the financial health of the troubled state lender.
The central bank announced on Wednesday "cautiously accommodative" monetary policy statement (MPS) for the current fiscal year aiming to achieve higher growth while taming inflationary pressures.
Finance Minister A H M Mustafa Kamal said he will recover the entire volume of money, embezzled from banks by various conglomerates like Hallmark Group.
Tax revenue collection posted an aggregate shortfall of Tk 571 billion in the fiscal year (FY) 2018-19 against its revised target, recording 10.7 per cent growth over the corresponding year.
Subsidy is required to successfully implement crop insurance system in the country, Dr Shameem Hassan Bhuiyan, a crop insurance expert, told a roundtable at a city hotel on Wednesday.
Policy makers and experts have emphasised ensuring human dignity for all through expediting financial inclusion initiatives, saying that development without human dignity as the quintessential purpose is not a worthy goal.
Finance Minister AHM Mustafa Kamal has said five per cent tax at source will be applicable from July for investment of up to Tk 500,000 in all types of savings certificates.
Japan has lowered its target for economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-largest economy.
The Netherlands has reassured Bangladesh of extending its support for implementing the Bangladesh Delta Plan 2100.
The Bangladesh Investment Development Authority (BIDA) has requested the National Board of Revenue (NBR) to initiate some tax reforms as suggested in an action plan,
The ongoing liquidity crunch has forced many private commercial banks to raise their deposit rates, particularly that of term deposits.
The Bangladesh Investment Development Authority (BIDA) has requested the National Board of Revenue (NBR) to initiate some tax reforms as suggested in an action plan, prepared to help improve the country's position in the Ease
The government borrowing from the banking system more than doubled in the outgoing fiscal year (FY) to partly finance its budget deficit,
The Bangladesh Bank has raised the agriculture and rural loan disbursement target by 10.66 per cent for the current fiscal year (FY2019-20), compared to the immediate past fiscal year.
