Banking

Banking

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

1d ago

Bangladesh will get fourth tranche of loan after IMF's executive board meeting

The meeting will be held in February next year

2d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

2d ago

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

2d ago

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

2d ago

National advisory council on statistics restructured

New 17-member panel will work to produce globally-accepted data

4d ago

Age limit for entry-level bank jobs now 32

The earlier age limit was 30

5d ago

Accounting and audit for economic development

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.

1w ago

Chinese firm Bangladesh Prothoma Power to invest $12.24 million inside Bepza EZ

The company will establish a battery plate manufacturing industry

1w ago

City Bank restructures salary to support employees amid inflation

Salaries will be increased a minimum of 10 percent and a maximum of 50 percent

1w ago

What exactly were global institutions overseeing?

Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the country faces increasing pressure from escalating debt servicing obligations.

1w ago

AB Bank MD Tarique Afzal resigns

He submitted his resignation letter to the bank's board of directors on Friday from the US, senior bank officials confirmed to The Daily Star today. 

1w ago

BRAC Bank MD clarifies his comments, expresses regret

Hussain said he did not intend to hurt anyone and expressed regret for hurting anyone. 

2w ago

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce

2w ago

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

2w ago

Govt aims to bring down inflation to 4-5%

The government plans to bring down inflation to 4-5 percent, Bangladesh Bank (BB) Governor Ahsan H Mansur said yesterday.

2w ago

Dutch-Bangla Bank’s services to remain suspended temporarily

Core banking will be unavailable from Jan 1-5 next year and agent banking from Dec 30 to Jan 5

2w ago