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.
The declaration came two days Sultana directed stakeholders to prepare documents seeking GI recognition for Tangail sari following a public outcry about why Bangladesh had failed to GI recognition despite being a rightful claimant
DSE gained in the early hours today, recovering from opening trading losses
Bangladesh’s foreign exchange reserves fell to $20.38 billion yesterday after the central bank settled import bills of two months through the Asian Clearing Union (ACU), a top official said today.
The government today issued special bonds, the second time after fiscal 2012-13, worth of Tk 3,016 crore to two banks in order to clear arrears on behalf of fertiliser importers.
BRAC Bank has suspended all sorts of cash withdrawals by its cardholders outside Bangladesh, a development that comes amid the country’s lingering forex crisis.
Fazlur Rahman, chairman and managing director of City Group, one of the leading commodity importers and processors, is no more.
Pacific Denimwear Ltd, a unit of Pacific Jeans Group, plans to invest $54.5 million to establish a garment factory in the Adamjee Export Processing Zone (EPZ).
Bangladesh has signed a $540 million loan agreement with Japan for the third terminal of Hazrat Shahjalal International Airport, a cargo terminal, and associated facilities.
The International Monetary Fund (IMF) has advised Bangladesh to continue to focus on containing inflation and rebuilding external resilience.
The poverty situation in Bangladesh was higher than expected in 2020-21 as the COVID constrained economic activity and reduced incomes. The situation worsened further amid spirals in global food prices in 2022. And the global economic slowdown could push more people into poverty this year.
