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Economy & Industry
The Finance Minister Anticipates Inflation Decline by Year-end
Finance Minister Abul Hassan Mahmood Ali has revealed that the battle against inflation may require an additional six monthsof concerted effort, as he addressed reporters during a!-->…
Foreign Investors Keep Selling Shares
The net foreign portfolio investment in Bangladesh has witnessed a significant downturn during the July-March periodof the fiscal year 2023-24. This decline, attributed to a negative!-->…
May Sees a 16% Decline in Exports
In a concerning development for Bangladesh's economy, the month of May witnessed a significant downturn in merchandise exports, plummeting by 16.06%compared to the previous year. Data!-->…
Proposed National Budget 2024-2025: Cigarettes to Become More Expensive
Finance Minister Abul Hassan Mahmood Ali has proposed an increase in the supplementary duty on cigarettes by 1%, bringing it to 66%. In his budget presentation for the 2024-2025 fiscal…
Supplementary Duty on Mobile Internet Increased in 2024-25 Budget
The proposed national budget for the 2024-25 fiscal year includes an increase in the supplementary duty on mobile internet usage, raising the cost for consumers.
Previously, customers were…
Proposed National Budget 2024-2025: Mobile Talk Time Rate Set to Increase
The rate of mobile talk time is likely to increase in the proposed national budget for the 2024-25 fiscal year.
In the new budget, Finance Minister Abul Hassan Mahmood Ali has proposed a 5%…
Proposed National Budget 2024-2025: Potential Key Changes in Prices Due to Proposed Duties and Taxes
Finance Minister Abul Hassan Mahmood Ali has proposed a Tk 7,96,900 crore (approximately $7.97 billion) budget for the fiscal year 2024-25 at the parliament today. The proposed budget…
Q1’24 Sees Drop in Green Lending Amid Liquidity Crunch
Green financing in Bangladesh witnessed a setback in the first quarter of 2024, mirroring the challenges posed by a liquidity crisis gripping the banking sector. A report released by!-->…
Arup Haider Appointed as New DMD of City Bank
City Bank has announced the appointment of Arup Haider as Deputy Managing Director (DMD), enhancing its top management team with his extensive experience and expertise. Arup Haider, who!-->…
Women’s Agent Banking Accounts Near Parity with Men
Women in Bangladesh are increasingly embracing agent banking, with nearly equal participation to men, according to the latest data from Bangladesh Bank. As of March 2024, agent banking!-->…