Advisory panel formed to reform NBR
Business Report : The interim government has formed a five-member advisory committee to initiate positive reforms in the National Board of Revenue (NBR). The committee...
Business & Economy
Trade deficit narrows in July-Aug
Business Report : Bangladesh’s trade deficit narrowed by $290 million, or around 10 percent, in the first two months of the current fiscal year compared...
China to outline fiscal policy as traders await action
AFP, Beijing : China’s finance minister will hold a briefing this weekend focused on fiscal policy, authorities said Wednesday, as investors seek further action after...
BREB sign deal with INNOVATE
Business Report : The Bangladesh Rural Electrification Board (BREB) has entered into a landmark agreement with local consulting firm Innovate Engineering and Development for the...
India central bank leaves interest rates unchanged
AFP, Mumbai : India’s central bank held interest rates steady on Wednesday but left the door open for future cuts, as growth moderates in the...
Hashem sacked from BASIC Bank
Business Report : The government has removed Abul Hashem from the post of BASIC Bank chairman.The Financial Institutions Division issued a notification, signed by Deputy...
GPH Ispat to issue preference shares to repay Tk500cr loan
Business Report : GPH Ispat Limited, a leading steel manufacturer in the country, has now decided to issue preference shares to raise up to Tk500...
BGMEA seeks Tk 540m soft loan
Business Report : Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought a Tk 540 million (Tk 54 crore) soft loan from Bangladesh Bank to...
Patenga terminal deal with Saudi company to be reviewed
Business Report : The government is set to review various terms and conditions of the concession agreement of Patega Container Terminal with Saudi Company Red...