Bangladesh wants $100 million in assistance from the World
Bank
The Worlds Bank and IFC’s Boards of Directors have approved a
$14 billion package of fast-track-financing to assist companies and countries
in their efforts to prevent, detect and respond to the rapid spread of
Covid-19. The World Bank...
With the financial health of publicly-owned banks deteriorating, the government has moved to evaluate the performance of chief executive officers, or CEOs, officials say. In a recent meeting, the financial institutions division decided to set the key performance indicator for the CEOs of state-owned commercial banks so...
A good number of banks in the US, Canada and many other countries around the world have temporarily shut their branches or scaled back their retail operations as part of their efforts to flatten the curve on coronavirus. Not just that, central banks around the world are...
অর্থনীতিবিদদের অনেকেই বলে থাকেন, দেশের উন্নয়নের জন্য বিনিয়োগ বাড়ানোর
প্রয়োজন থাকলেও বিনিয়োগ সেভাবে বাড়ছে না। বিশেষ করে ব্যক্তি খাতে বিনিয়োগ
বেশ কয়েক বছর ধরেই স্থবির হয়ে আছে। কোনোভাবেই বিনিয়োগ বাড়ানো যাচ্ছে না।
বিনিয়োগ যেটুকু হচ্ছে তা সরকারি খাতে। আর সরকারি খাতের বিনিয়োগের অর্থই
হচ্ছে...
The Financial Reporting Council (FRC), an independent government regulatory body, has brought more companies under its jurisdiction by defining Tk 5 crore revenue generating firms and companies having Tk 3 crore assets as public interest entities. The FRC issued a circular in this regard on March 11. With the...
Bangladesh wants to secure more trade benefits from China as a least developed country (LDC) instead of signing a free trade agreement with the Asian economic giant, according to commerce ministry officials. "We don't want to sign an FTA with China because the country is the largest...
There is no doubt that we have completed a long journey towards the implementation of the Digital Bangladesh vision and our industry has also become much more stable while some IT companies are doing really good in the local and foreign markets. The country has already hit...
The National Board of Revenue has rejected a request made by the posts and telecommunications ministry and the country’s internet infrastructure companies to cut the value-added tax on backward linkage facilities for internet services. The revenue board in a letter to posts and telecommunications minister Mustafa Jabbar...
Top merchant bankers have urged the central bank to take effective measures to implement its policy regarding the creation of special funds for revival of the ailing capital market. At a meeting with the Bangladesh Bank (BB) on Sunday, they called for effective steps so that the...
The central bank is set to create a €200 million fund to provide low-cost loans to environment-friendly industrial plants. This is the first time the Bangladesh Bank has set up a euro fund. Previously, it formed three US dollar funds for the businesses. The BB board took...