This marked the steepest decline since the Covid-19 pandemic, when roughly 3.8 lakh vehicles were registered with the BRTA
Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.
Stocks fell last week as concerns over potential corporate tax hikes in the upcoming budget weighed on investor sentiment.
The decision to pursue the listing was approved during a board meeting held on January 23, according to a press release issued yesterday
Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system loss.
The plan has been outlined in the draft of a new ordinance
The World Bank today approved three loans totalling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, it said in a statement.
Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
Prices of various essential items have gone up to the extent that they seem luxury goods for many people, particularly poor and vulnerable people, said the Centre for Policy Dialogue (CPD) today.
Bangladesh’s business environment deteriorated slightly in 2023 compared with 2022, mainly because of sluggish regulatory reforms, weak infrastructure and difficulty in access to finance, according to the Bangladesh Business Climate Index (BBX) released today.
Inflation in Bangladesh fell seven basis points to 9.74 percent in April from a month ago on the back of declining prices of non-food items.
Shares of most companies fell in the morning trade on the Dhaka Stock Exchange (DSE), extending a losing streak for the fourth day.
Dhaka stocks regained strength in the early trade today paring down the losses incurred in the first two days of trading after nearly a week of holidays.
Dhaka stocks declined in the morning trade for the second consecutive session today as sales pressure dominated the bourse.
Dhaka stocks plunged in the morning session, the first trading day following holidays on the occasion of Eid-ul-Fitr and Pahela Baishakh.
The ADB’s projection comes days after the Bangladesh Bureau of Statistics said economic growth in the October-December quarter of fiscal 2023-24 halved to 3.78 percent, the slowest pace in three quarters, as manufacturing output growth declined sharply owing to reduced domestic consumption.
United Commercial Bank (UCB) is likely to take over trouble-ridden National Bank Ltd (NBL), according to officials of the lenders.
Inflation edged up in March after marginally easing in the previous month, showing no signs of respite to consumers already hurt by the consistent erosion of buying capacity due to elevated prices.
