Business-Economy

BD remittance hits near $3 billion amid strong inflows

BSS, Dhaka Bangladesh witnessed a strong growth in inward remittance during the first 23 days of May as expatriate Bangladeshis continued to send higher amounts of money through formal banking

BB caps cash dividends for banks

BB sets Tk 20bn capital limit for cash dividends Staff Correspondent Bangladesh Bank (BB) has imposed new restrictions on the distribution of cash dividends by commercial banks. Under the new

Govt to import 3 LNG cargoes at even steeper prices

Staff Correspondent The Bangladesh government will buy three cargoes of liquefied natural gas (LNG) from the spot market to cope with the existing energy crisis due to the Iran war

BB announces Tk60,000cr stimulus to reopen closed factories

TDS Desk: Bangladesh Bank has announced a Tk60,000-crore stimulus package aimed at reviving closed and struggling factories to support production, exports, private sector growth, and employment amid ongoing economic challenges.

Govt mulls SIM tax cut, removal of levies on replacement and IoT SIMs

Mobile services face overall tax burden of around 39pc: BTRC UNB: The government is considering reducing the tax on new SIM card issuance and abolishing taxes on SIM replacements and

Indirect ‘tax traps’ in budget risk widening economic inequality, warn economists

UNB: At a time when the national economy is reeling under the combined pressures of high inflation, stagnant employment, investment crunches, and massive revenue deficits, the upcoming national budget for