Dhaka July 1, 2025, 6:28 am
China would drop tariffs on soybeans, soybean cake and fishmeal originating in Bangladesh, India, Laos, South Korea and Sri Lanka from July 1
Of the total project cost, Taka 132.83 billion will come from the GoB portion, Taka 238.9 billion from the organisation’s own fund while the rest of Taka 28.39 billion from project assistance
In case of a full-scale trade war, it showed that the average tariffs could rise to as high as 30 per cent for American exporters, 35 per cent for the European Union (EU) and 40 per cent for Chinese exporters
Sluggish activities in the T-bills and T-bonds are having an impact on the growth of the country's bond market
Bangladesh Sugar and Food Industries Corporation (BSFIC) finds it hard to reimburse bank debts and make other payments for lack of required funds
The gas distribution companies in their unified proposals sought the average natural gas tariff be raised to Tk 12.95 per cubic metre (cm) from the existing Tk 7.39 per cm
The leaders of Association of Bankers, Bangladesh (ABB) have also requested the central bank to intervene in the public sector banks for depositing their funds with the PCBs at maximum 6.0 per cent interest rate.
The Association of Banks (BAB) decided to bring down the interest rate on lending to 9% and that on deposits to 6% from the existing levels. The new interest rates will go into effect from July 1
The request came as they said an investigation report is necessary to continue with legal cases filed in the Philippines to recover the stolen money.
"The entire burden of investment for structural change in the economy as well as the private sector has fallen on the commercial banks, which is very unusual and very dangerous," he cautioned.
The government awards the CIP status to businesspeople from 22 sectors based mostly on the export income and the expansion of overseas markets.
Some 43 lead ministries/divisions will take part in the conference. Work plans prepared by the ministries and divisions on the SDGs may be unveiled during the national conference
Cabinet committee on government purchase (CCGP) at a meeting last week rejected the Tk 2.20 billion proposal put forward by the Bangladesh Bridges Authority (BBA) to award the study work to a Spanish company
During the same period of 2017, the Kingdom of Saudi Arabia (KSA) hired 37,856 domestic helps from the country, the official data showed.
Malaysian newspaper The Star said in a report on Friday that a syndicate spearheaded by the Bangladeshi businessman made 2.0 billion ringgit by smuggling over 100,000 workers in only two years.
The main task of the Unit will be to increase technological assistance and install intelligence equipment to face all types of risks in duty collection and containing the incidents of duty evasion.
The advice came at an unscheduled meeting with chief executives of 11 NBFIs held at the Bangladesh Bank (BB) headquarters in Dhaka on Thursday with BB governor Fazle Kabir in the chair.
Habib
Revenue collection target of Tk 3.0 lakh cr in the proposed budget
To further expand the scope and impact of its Trade Finance Program (TFP)
