VAT hike to fuel inflation, it says
The International Monetary Fund is set to tighten the noose on the Bangladesh government over its dismal revenue mobilisation...
Economists and businesses criticised the timing of the NBR’s decision, as people have been struggling with above-9-percent inflation for nearly two years.
The government’s recent decision to increase excise duty on domestic and international air tickets will have a serious negative impact on the aviation market, especially domestic passenger growth, said top officials of the country’s air operators.
The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect the short-sightedness and inconsistency in state policies.
Bangladesh’s trade deficit in the first five months of the current fiscal year was 20 percent, or $1.97 billion, lower than in the same period of the previous fiscal year.
The price of mild steel (MS) rods has continued to fall due to low demand for construction materials, especially as public consumption has declined to virtually zero since the political changeover on August 5.
Bangladesh’s exports rose for a fourth straight month in November as goods that had been stuck for the past three months were finally shipped.
He also said a masterplan to fully automate services at the NBR was being drafted.
The cement maker has to appear before the stockmarket regular on Dec 8
The Bangladesh Bank has asked lenders in the country to provide detailed information on all the loans and liabilities of companies operated by Thermax Group..The banks have been asked to provide the information by Wednesday. There are more than a dozen companies under the group that produc
Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5
Total turnover stood at Tk 155 crore in the first hour of trading
