Bangladesh’s foreign exchange reserves will rise to approximately $30 billion at the end of June this year, said the central bank yesterday.

Nature supplies us with essentials like air, water and food, among other necessary resources in our daily lives in order to help us survive. It is thus evident that if nature is under threat, it would cause a significant impact on humankind.

The Income Tax Bill 2023 was passed in parliament yesterday, replacing The Income-tax Ordinance 1984. 

Dhaka Taxes Bar Association staged a demonstration and besieged the National Board of Revenue (NBR) building at Agargaon in Dhaka for a couple of hours yesterday demanding cancellation of a newly announced draft tax return preparer (TRP) rule. 

The government is set to miss its development spending target as well as the goal of raising the use of foreign loans by a large margin in the outgoing financial year, official figures showed.

The central bank is going to roll out the country’s own debit card by August to allow travellers to make payments at home as well as in India, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday. 

Bangladesh has a huge skincare and colour cosmetics market that is ruled by fake products and illegally imported items, said an official.

A contractionary monetary policy statement (MPS) for the first half of the 2023-24 fiscal year will help to revive the financial and private sectors, said Barrister Md Sameer Sattar, president of the Dhaka Chamber of Commerce & Industry (DCCI).

Rangs Limited, a distributor of Japanese automaker Mitsubishi Motors in Bangladesh, has launched a brand-new “Xpander 2023” in the local market at a price of Tk 44.50 lakh ahead of Eid-ul-Azha.

No mandatory submission of wealth statement for persons travelling abroad

The 7-seater will have a price tag of Tk 44.5 lakh

The leading chamber says in response to the monetary policy for FY24

The card will help travellers make payments while in India

Bangladesh Bank projects

Bangladesh Bank says

Bangladesh Bank says

The Bangladesh Bank will introduce a market-driven reference lending rate

CPD Distinguished Fellow Debapriya Bhattacharya says

The Bangladesh Bank has decided to increase the policy rate

The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.