Global economic rebound to drive up BD goods’ demand Hopes underpin new budget outlook as the government eyes a boost in Bangladeshi goods on the international market in the upcoming fiscal year on gradual global economic rebound. Also, as the economic conditions in major economies like Euro Zone and the
Read MoreRemittance crosses $2b in first 29 days of May Inward remittances to Bangladesh surpassed $2 billion in the first 29 days of May, marking a 38% increase compared to the same period last year. This brings the country’s remittances above the $2 billion mark for two consecutive months. In April,
Read MoreLoans, deposits rise in Islamic banks despite severe liquidity crisis Outstanding loans and deposits both increased in full-fledged 10 local Islamic banks in February this year although six of them have been facing severe liquidity crisis for more than a year. Outstanding loans at the 10 banks stood at Tk
Read MoreFDI slips but stays above $3b Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times. Central bank data showed yesterday that Bangladesh
Read MoreCorporate tax not rising for compliant listed companies Tax rates for publicly-listed companies may remain unchanged in the upcoming fiscal year while some changed parlances could make uncertain the availing of lower tax rates tagged with conditions. However, although the tax rate would remain same, in principle, the base rate
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