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The Financial Express

/ Economy / Bangladesh

Banks' commissions cut to squeeze savings certificate sales growth

The government presses the brake on sales of national savings certificates (NSC) by way of slashing receivable commissions of commercial banks against transactions in these borrowing tools. The banks will receive commissions at a rate of 0.05 per cent from...

Islamic banks see liquidity glut, investment holdup blamed

A glut of idle money and a concurrent investment holdup...

Revenue growth during pandemic attributed to rise in source-tax

Government's growing dependence on at-source-tax collection, including tax on service-holders'...

Commerce minister seeks support to LDCs for 12 more years

Commerce minister Tipu Munshi has urged all parties to support...

Rediscovery of Bangladesh's economic priorities emphasised

Bangladesh can emulate Vietnam's development experiences by adapting their policies...

Harnessing man-made fibre potential vital for Bangladesh economy

As Bangladesh struggles to keep its position as the second-largest...

Money for poor pours into wrong pockets, says WB

Some 49-66 per cent of Bangladesh's social-safety-net-allowance-and food-support beneficiaries are...

Facebook, Google, Amazon pay Tk 45.99m VAT in August

Popular social media Facebook, e-commerce giant Amazon, and American multinational...

Reallocation of transfer to the poorest can bring down Bangladesh’s poverty to 12pc: WB report

Social Protection Programmes remain central to Bangladesh’s sustainable development policy...

Non-banking financial institutions can reschedule loan or lease only thrice: BB notification

The central bank now tightens noose around loose-run lending operations...

Bangladesh’s per capita foreign debt now Tk 24,890

Finance Minister AHM Mustafa Kamal on Wednesday said the per...

BB governor deplores lax governance in financial sector

Bangladesh Bank (BB) governor Fazle Kabir on Tuesday termed the...

BB to launch Tk 30b agriculture loan refinance scheme

Bangladesh Bank (BB) has decided to set up a Tk...

Bangladesh seeks DFQF in GCC market

Bangladesh requested Oman to pursue the Gulf Cooperation Council (GCC)...

Dhaka urges London to amend 'goods graduation' provision

Facing LDC graduation drawbacks for the current crisis, Bangladesh urges...

Extended warehouse facility for exporters

The National Board of Revenue (NBR) has amended the relevant...

Experts focus on redefining SMEs

Experts at a virtual dialogue on Sunday emphasised the need...

Bangladesh saw record budget deficit of Tk 1.87tn last fiscal year

Bangladesh's budget deficit amounted to a record Tk 1.87 trillion...

Bangladesh acquires 1.0pc stake of New Development Bank

Bangladesh finally attains 1.0- per cent share in the Shanghai-based...

Economy faces challenges of revenue shortfall and defaulting bank loans: Document

Revenue deficit defaulting bank loans and worsening poverty situation due...

Reduction in service charge for microfinance institutions uncertain

A government move to cut service charge for microcredit operations...

Ministries alerted to lax execution of development budget

Lax execution performance and under-par quality of works prompted the...

Single-point mooring to save govt Tk 8.0b per annum

The government would save Tk 8.0 billion annually by cutting...

BB softens terms, extends time for SME loan disbursement

The central bank of Bangladesh Thursday eased some rules related...

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