Economy to expand 7.5pc this fiscal, projects ADB The Asian Development Bank (ADB) has said Bangladesh’s economy is expected to advance by 7.5 per cent during the current fiscal year, powered by private consumption. The forecast is slightly lower than the government target of 7.8 per cent. Private consumption is
Read MoreTop ten traded companies grab 40pc turnover Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session. The company’s share closed at Tk 121.20 on Tuesday, soaring 6.69 per cent over the previous day.
Read MoreOil prices may rise to $100 a barrel by end of year Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite. This was predicted by commodity merchants Trafigura and Mercuria said on Monday at the Asia
Read MoreSavings tools once again trump bank products Savers have started to flock back to savings instruments with net sales hitting a six-month high in July as bank deposit products continue to yield underwhelming returns. Net sales of savings instruments stood at Tk 5,036 crore in July, the highest since February.
Read MoreA dozen banks pay 22pc of corporate tax in FY ’18 Some 12 commercial banks paid 21.75 per cent of the total corporate tax collected by the Large Taxpayer Unit (LTU) belonging to the income tax wing of the National Board of Revenue (NBR) during the fiscal year (FY), 2017-18.
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