A file photo shows clients taking services from the bank officials at a bank in Dhaka. Newly-appointed finance minister AHM Mustafa Kamal has asked National Board of Revenue to review the country’s existing income tax rates for corporate and individual taxpayers. — New Age photo Newly-appointed finance minister AHM Mustafa Kamal has asked National Board […]

Bangladesh Bank building at Motijheel Mehedi Hasan/ Dhaka Tribune While most of the complaints were related to loans and advances, clients also complained about card services, remittance, and other services Bangladesh Bank (BB) received 5,731 complaints from bank clients last year. According to BB data, 3,058 complaints were received over telephone, 2,404 were written and […]

Containers of export goods stacked at port.— UNB file photo The government has slashed tax at source to 0.25 per cent from 0.60 per cent for exporting goods – measure that is aimed mainly at giving relief to garment exporters following recent wage hike for the workers. A statutory regulatory order (SRO) has been issued […]

The Payra Port Authority has signed a deal with a Belgian company to start capital dredging of the Payra’s main channel Rabnabad to help entry of large ships that cannot berth now at Chittagong and Mongla ports. Vessels with draught of up to 12 metres will be able to anchor at the seaport at high […]

Dhaka Stock Exchange, the country’s premier bourse, has sought grants from Business Finance for the Poor in Bangladesh, a programme funded by British government, to launch a small capital board at the bourse. The bourse and market regulator Bangladesh Securities and Exchange Commission made the approach of creating a separate board for small-capitalised companies at […]

Representational Image: A 1.23 percent increase in Bangladesh’s GDP is expected after the Padma Bridge becomes operational, according to government estimates. Previous Next Bangladesh is on track to become the world’s 24th largest economy by 2033, says a new report The country has also been ranked 41st among 193 countries, up from the 43rd position […]

File photo: Female workers seen working at a RMG factory in Dhaka strong>Mahmud Hossain Opu/Dhaka Tribune From 2014 to 2018,local entrepreneurs invested an average of Tk1,380 crore per year in the primary textile sector Bangladesh’s primary textile sector, a backward linkage industry for the country’s $30.60 billion apparel sector, saw an investment worth Tk6,900 crore […]

Workers in a Dhaka garment factory. Reuters File Photo Export-oriented industry owners, except those of jute mills, were given large tax benefits for the second time in the first eight months of the current fiscal. From now on the owners will have to pay a mere 0.25 per cent tax at source for exporting any […]

File photo of Gold bar Mahmud Hoassain Opu/Dhaka Tribune The latest rise comes five months after the last price hike of the precious metal in the country The prices of all kinds of gold increased on Wednesday by Tk 1,516 per bhori, in line with the international market, Bangladesh Jewellers’ Samity (BAJUS) said in a […]

A file photo shows containers stacked in the Chattogram port. The pace of revenue collection may appear a big challenge for the new government in coming months in meeting the need of development expenditure as shortfall in collection by National Board of Revenue continues to widen every month, an expert and officials have said. — […]

Bangladesh Bank building at Motijheel Mehedi Hasan/ Dhaka Tribune The culture of impunity, political interference in approving loans and professional ineptness of bankers to deal with pressing issues have aggravated the already battered banking industry, economists and senior bankers remarked Default loans was the most talked-about issue in the country’s banking sector in 2018. It […]