Global tech giants such as Google and Facebook will face 15 per cent withholding tax deduction from payments made by local companies against advertisements given in the digital sphere, said the National Board of Revenue (NBR).

Revenue collection growth reduced by half in March this year from a year ago, suffered by decline in income and customs tax receipts amid falling corporate earnings and a downturn in imports, which analysts say is likely to weigh on the government’s budget spending, especially for development.

Nagad offers a 10 per cent cashback on the recharge of RFID tolling tags using its gateway with a view to encouraging digital toll payments for traveling on the Mayor Mohammad Hanif Flyover in Dhaka.

The country’s foreign exchange reserves have fallen to $29.77 billion as Bangladesh Bank cleared import bills to the tune of $1.18 billion through Asian Clearing Union (ACU). 

Finance Minister AHM Mustafa Kamal is scheduled to present the national budget for fiscal year 2023-24 on June 1.

The company logged Tk 20.13 crore in profits in Jan-Mar this year, up from Tk 17.26 crore a year ago

The NBR shared the information a clarification to Bangladesh Bank

The telecom operator's EPS stood at Tk 0.08 in the quarter that ended on March 31

It hit $29.77 billion on May 7

The govt targets completing budget works before Eid vacation

LafargeHolcim Bangladesh’s profit rose 102 per cent year-on-year to Tk 190.9 crore in the first quarter

The population of US airline pilots and engineers is currently 95.7 per cent white and 9.2 per cent female, according to US data.

The battery manufacturer made a Tk 1.09 crore profit in January-March of the previous fiscal year

Green Delta Insurance Ltd reported a 58 per cent year-on-year decline in profit to Tk 7.41 crore in the first quarter of 2023..The profit stood at Tk 17.83 crore in the identical January-March quarter of 2022. .The insurer said its consolidated earnings per share were Tk 0.74 in the

Although Bangladesh produces enough onion to meet its domestic demand each year, at least 30 per cent of the bulbs are damaged before reaching the market due to inadequate storage facilities.

Life insurance companies in Bangladesh have continued to put more than half of their investments in treasury bills and bonds in the absence of diversified investment opportunities, official figures showed. 

The government will continue to provide incentives to 12 sectors as an alternative to direct cash support on export receipts with a view to helping exporters tackle potential challenges in the post-LDC era, a top official said yesterday.

Local software and other information technology-enabled services (ITES) exports to Japan have witnessed a surge in recent times as Bangladeshi companies have established a foothold in the East Asian country. 

Despite some progress, Bangladesh has not been able to diversify its export basket compared to its competitors, leading to more concentration in the textiles sector, according to a new report.

The Bangladesh Bank yesterday said it would roll out a set of policies to implement market-based interest rates and uniform exchange rates and disclose net and gross reserves in line with the conditions of the International Monetary Fund.