Business-Economy

Rice import duties lifted to control prices

BSS, Dhaka The National Board of Revenue (NBR) has lifted all import and regulatory duties on rice to ensure food security and control prices for the common people. To this

Economy is rebounding: Salehuddin

BSS, Dhaka: Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed today said Bangladesh’s economy is rebounding steadily due to different measures taken by

Tariff Commission recommends withdrawal of duty on imported onions

TDS Desk: The Bangladesh Trade and Tariff Commission has asked the National Revenue Board (NBR) to remove the 5% customs duty on imported onions to reduce the price of the

RFCD interest rate to be fixed on basis of bank-customer relationship: Cenbank

TDS Desk: Banks will no longer have to abide by the Secured Overnight Financing Rate (SOFR) caps when setting interest rates for Resident Foreign Currency Deposit (RFCD), being instead allowed

BB cuts Export Development Fund amid allegations of funds smuggling

TDS Desk: Bangladesh Bank has reduced the size of its Export Development Fund (EDF) to $2.51 billion following evidence that some businesses used the fund to smuggle money abroad, the

Now silver price goes up, gold hits Tk1.43 lakh per bhori

TDS Desk: Jewellers have inflated the prices of both gold and silver in the local market. The price of pure gold increased by Tk1,574 per bhori to reach Tk1,43,525, while