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BB simplifies documentary formalities of NRBs for opening Taka accounts

Bangladesh Bank (BB) has simplified documentary formalities for opening Non-Resident Investor's Taka Accounts (NITAs). The Foreign Exchange Investment Department (FEID) issued a circular on Sunday and sent it to all authorised dealers (ADs) in Bangladesh for the immediate execution of...

Matarbari will become regional hub in South-Asian economy: Experts

The government is constructing a deep seaport at Matarbari of...

Losses from road accidents 1.5 pc of GDP last year: RSF

Road accidents caused a loss of Tk180.46 billion or over...

Govt agencies often take development projects sans due diligence

Some government agencies often take up development projects without specifying...

Salehuddin stresses visible steps to restore 'good governance' in banking sector

Former central bank Governor Dr Salehuddin Ahmed has urged the...

CAs should prepare to embrace disruptive technologies

The Chartered Accountant (CA) professionals should prepare to embrace the...

New monetary stance inspires slim hopes for rate caps

The central bank may launch its half-yearly monetary policy stances...

Bangladesh now 35th largest economy: Visual Capitalist

Bangladesh is now the 35th largest economy in the world,...

Inflation, foreign debt affect economy

Persistent higher inflationary pressures, rising cost of foreign borrowing and...

Banks' bad loan write-off jurisdiction broadened

Discretionary authority of banks on loan write-off is broadened with...

Forex borrowing thru offshore banking to continue

Placement of funds from offshore banking operations (OBOs) with domestic...

India assures Bangladesh of providing energy support, says Nasrul

State Minister for Power, Energy and Mineral Resources Nasrul Hamid...

BB raises dollar exchange rate by Tk 1 to Tk 100

Bangladesh Bank (BB) on Wednesday increased the exchange rate of...

Govt bank borrowing balloons as revenues, savings tools sale fall

Government borrowings from banking system, including the central bank, nearly...

China to fund potential Mongla port project

A major development it is being billed as China finally...

Bangladesh eyes of France's continuous support for GSP+ bid beyond 2029

State Minister for Foreign Affairs Md Shahriar Alam has expressed...

Dollar price for export proceeds raised to Tk 102

Foreign exchange dealers and banks have raised the US dollar...

External debt falls in Q1

Following an upward trend, Bangladesh's external debt declined to some...

Tk 41b collected as income tax, 2.85m returns submitted

Some 2.85 million individual taxpayers submitted their returns in the...

Year ends with average inflation of 7.70 pc

Though the monthly rate of inflation eased in December last,...

Trade gap reduced in July-November

The country’s goods trade deficit with the rest of the...

BB creates TK 100 billion export facilitation fund

Bangladesh Bank (BB) has created an export facilitation fund of...

December exports rise to record $5.37 billion

Bangladesh’s exports rose 9.33 per cent year-on-year to a record...

A Tk 100b bet for boosting exports, forex earnings

A Tk100-billion bet is offered for boosting export and foreign-exchange...

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