The country's overall trade deficit widened further in the first eight months of the current fiscal year (FY) 2017-18 mainly due to higher import payments against lower export receipts, officials said.The deficit rose by nearly 93 per cent or $ 5.64 billion to $ 11.73 billion in the July-February period...
Read moreGAZIPUR, Apr 15 (UNB): Dhaka's rail communications with other parts of the country resumed after three hours of disruption on Sunday afternoon following the derailment of a commuter train in Tongi that left four passengers dead.Contacted, Railways Minister Mujibul Haque said the rail communications resumed around 4:00 pm.The derailment caused...
Read moreAll the formalities have been completed to get the highest amount of loan worth US$ 2.67 billion from China for Padma rail link project with the Prime Minister's seal of approval on Sunday.Sources said Prime Minister Sheikh Hasina approved the summary of the Chinese loan before she left the country...
Read moreBangladesh's terms of trade (ToT) remained unchanged in the past financial year (2016-17) showing the economy avoided shock in prices in the year under review.The ToT, representing a ratio between export prices and import prices, remained the same means there was no price shock in both import and export prices.The...
Read moreField-level income tax and Value Added Tax (VAT) offices across the country observed 'Halkhata' festival on Sunday, and realised a significant amount of arrear tax from the taxpayers.According to a provisional figure, the National Board of Revenue (NBR) received Tk 3.88 billion arrear income tax on the occasion.Large Taxpayers Unit...
Read moreSubsidiaries also can keep export proceeds in forex The subsidiaries or sister concerns of exporters also will, from now on, be able to retain export proceeds in foreign currency for a period of 30 days to settle their import payments due within the time. The Bangladesh Bank (BB) issued a...
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