Business-Economy

Exporters expect Yunus active role in regaining US GSP

TDS Desk: Bangladesh has made significant progress in addressing the issues outlined in the US Generalized System of Preferences (GSP) plan of action over the decade passed since the facility

EDF loans costlier as BB hikes interest rates

UNB, Dhaka Bangladesh Bank has increased interest rates on loans from the Export Development Fund (EDF) to discourage unnecessary lending from the fund, which is fed from the country’s foreign

Govt aims to expedite trade thru Bhomra

TDS Desk: The government aims to expedite export-import activities with neighbouring India through the Bhomra Land Port in Satkhira. As part of this initiative, the National Board of Revenue (NBR)

Prof Abdul Hannan made Grameen Bank Chairman

TDS Desk: Professor Dr. Abdul Hannan Chowdhury has been appointed as the chairman of the board of directors of Grameen Bank. The Financial Institutions Division under the Ministry of Finance

Fears over energy tax rises as business confidence falls

TDS Desk: Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the industry has said. Offshore Energies UK

Tk5, 10, 20 notes to be changed soon: Finance Adviser Salehuddin

TDS Desk: Finance Adviser Dr Salehuddin Ahmed on Monday said that the condition of Tk5, Tk10, and Tk20 notes in circulation is very poor and it needs to be changed