Banking sector created some concerns, mainly for enervating spike in classified loans, in the first quarter (Q1) of this fiscal although country's overall economic activity gathered momentum. The central bank released the measure of macroeconomic conditions in its latest Bangladesh Bank Quarterly (BBQ) for the July-September 2016 period. It says...
Read moreCity's fairly large business establishments that are paying package VAT will be identified and asked to pay VAT (value added tax) at regular rates. Officials said the National Board of Revenue (NBR) recently started a move to collect names of the enterprises that are paying the package VAT despite having...
Read moreFE Report Bank interest rates on lending came down to single-digit levels in November for the first time in Bangladesh, officials said Monday. According to them, the latest cutbacks on the once-steep interest rates charged by banks on their credits came following constant persuasion of bankers by the central bank....
Read moreForeign aid disbursement to Bangladesh dropped 10 per cent to US$903.18 million in July-November period of the current fiscal year, officials said, though commitment hit a new high. An unwarranted setback in the execution of Japanese-aided projects following the deadly militant attack on a café in Gulshan diplomatic zone that...
Read moreThe Christmas has come and gone, so has the New Year, reports bdnews24.com. But Santa Claus has failed to bring winter to Bangladesh, if current temperatures are any indication. The northern districts have experienced thick fog and some chill, but the weather elsewhere in the country is hardly one that...
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