BGMEA, BKMEA leaders sit with the premier in separate meetings

The owners’ association tells BB governor that the banking sector is going through one of its most challenging periods

The Bangladesh Bank (BB) has allowed banks to pay visa bonds and refundable security deposits required by foreign embassies, high commissions, and other authorities on behalf of Bangladeshi applicants, removing a practical hurdle in overseas visa processing.

The Bangladesh Semiconductor Industry Association (BSIA) began a four-day roadshow in South Korea yesterday, bringing together industry, academia, and government representatives to strengthen bilateral semiconductor collaboration.

Oil prices rallied on Monday, a day after President Donald Trump said Iran’s response ‌to a US peace proposal was “unacceptable,” raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.

The Dhaka Chamber of Commerce and Industry (DCCI) yesterday urged the government to accelerate the development of inland waterway infrastructure to reduce the cost of doing business and improve trade logistics across the country.

China’s trade grew faster than expected last month, official data showed Saturday, withstanding pressure from war in the Middle East and reversing a decline in exports to the United States.

Population alone does not determine a nation’s future, but unchecked growth quietly intensifies almost every existing challenge.

In the once-barren northern chars of Rangpur, maize has become a lucrative cash crop. But low market prices this year have left farmers disappointed despite expanded cultivation.

Alongside mobile phones, the regulator will also take action against other illegal radio and telecom devices

Banks have been instructed to include the term “e-loan” in the service name and ensure that all stages of lending are conducted digitally

Bangladesh currently languishes at the bottom of the global ranking with a mere 6.5 percent tax-to-GDP ratio. For a nation whose citizens hold profound aspirations for development, peace, and prosperity, this chronic revenue deficit poses an existential threat to future growth.

The Bangladesh Bank (BB) has allowed scheduled banks to launch fully digital “e-loan” services of up to Tk 50,000, stepping up efforts to widen financial inclusion and support the transformation towards digital transactions.

The BGMEA and BKMEA sat with the premier in two separate meetings

Running from May 11-14 in the Republic of Korea, the roadshow will see the Bangladesh delegation engage with major players across Korea’s semiconductor ecosystem

The protest disrupted normal banking operations at the branch

Says finance minister

Reform plan would reduce ISP tiers, formalise informal operators and improve internet speeds

The corporate tax rate for the private sector should be reduced to remain competitive in attracting foreign investors and supporting industrial growth, business leaders said yesterday.

The Bangladesh Restaurant Owners’ Association (BROA) has called on the government to keep VAT and tax rates at a reasonable level in the upcoming national budget while also expanding the tax net to ensure wider compliance.