The proposed budget for fiscal year 2024-25 offered no relief to startups and neglected their long-standing demands, in sharp contrast with the government’s vision for a Smart Bangladesh, where startups are key economic drivers.

The Bangladesh Bank has issued new directives on the repayments of industrial term and home construction loans in line with the new market-based method of calculating the interest of bank loans.

Bangladesh’s foreign debt decreased by $1.34 billion in the first three months of this year.

The government gave its commitment to the International Monetary Fund regarding around 50 issues to restore macroeconomic stability and good governance in the financial sector.

Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.

Bangladesh will have to comply with 33 new conditions by June next year in order to receive the next two instalments under the International Monetary Fund’s $4.7 billion loan programme.

National Logistics Policy 2024 is a wonderful step towards developing Bangladesh’s economy and enhancing its position in the global market and therefore it needs to be properly utilised, said speakers at a seminar yesterday.

The broad index of Dhaka Stock Exchange (DSE) rebounded yesterday after plunging on the preceding day.

The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11

Each bhori of 22-carat gold will cost Tk 118,355

The accounts should remain frozen for 30 days, BFIU ordered

The company will invest $108.99 million for a woven and knit garments factory

The broad index of the Dhaka Stock Exchange (DSE) rebounded today following a plunge yesterday

It hit $99.30 billion in March, down from $100.64 billion in December last year

Md Kaus Mia, one of the highest taxpayers in Bangladesh since 2010-11, has died at the age of 94. 

The government is going to get $100 million in budgetary support from South Korea to fund a “Second Strengthening Social Resilience Program, Subprogram-1”.

The Bangladesh Securities and Exchange Commission (BSEC) suspended several beneficiary owners (BO) accounts of Bangla-desh RACE Asset Management to protect the interest of unitholders of the mutual funds and shield them from mismanagement of assets.

India’s Prime Minister Narendra Modi emphasised the need for initiating operations fast at two special economic zones (SEZs) meant for Indian companies on meeting with his Bangladeshi counterpart Sheikh Hasina in Delhi on June 22.

Md Matiur Rahman, the disgraced senior official of the National Board of Revenue (NBR), opened a Pandora’s Box when he claimed during an interview with a local television station that he received placement shares of a company below the face value.

Bangladesh received the highest remittance from the United Arab Emirates in the first 10 months of the outgoing fiscal year, well ahead of traditional powerhouses such as Saudi Arabia and the United States, central bank figures showed.