Deshbandhu Group for Tk 100b fresh investment Already a household name, Deshbandhu Group is all set for investing Tk 100 billion in several fresh ventures avowedly to boost the nation’s economy and generate employment. The industrial units the corporate is undertaking happen to be import-substitution ones for local consumption and
Read MoreGovernment eyes $2b export earnings from jute products in 2-3 years Textiles and Jute Minister Jahangir Kabir Nanak has said the government eyes to increase yearly export earnings from jute and jute goods to $2.0 billion within next two-three years. Every year, Bangladesh exports on an average jute and jute
Read MoreIncome tax collection surges 16% in H1 FY24 The government’s income tax collection during the first six months (July-December) of the current fiscal year has exhibited a notable increase of 15.82% compared to the corresponding period in the previous fiscal year. According to sources within the National Board of Revenue
Read MoreInternet banking sees 5% growth in Nov as card, MFS transactions drop Transactions through Internet banking increased 5% in November 2023 compared to the previous month. While internet banking witnessed a boom, mobile banking, credit cards, and debit cards experienced a slight decline. Bangladesh Bank data showed that in November
Read MoreBangladesh to post 2nd highest GDP growth in South Asia in FY24 Bangladesh will post the second-highest economic growth in South Asia in the current financial year although it will be much lower than its average in recent times and the target set by the government as pressures on the
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