A sizeable current account deficit along with changing global and domestic liquidity conditions has made the management of macro-financial stability challenging.Identifying the challenge, the central bank has stressed "continued careful calibration" of the management of macro-financial stability."Managing macro-financial stability in the face of a sizeable current account deficit, changing global...
Read moreThe government has decided to reduce the minimum investment ceiling for projects to be implemented under the public private partnership (PPP) on a government to government (G to G) basis, officials said.Under the existing policy, the lowest investment under such arrangement has to be US$ 250 million.The board of governors...
Read moreThe National Board of Revenue (NBR) will collect Value Added Tax (VAT) at a rate of 15 per cent on port services for operating international flights, officials said.Although in the budget proposal, Finance Minister AMA Muhith offered VAT exemption on the service charges, later he re-enforced the tax on June...
Read moreHajj flights carrying Bangladeshi pilgrims to Saudi Arabia to perform Hajj this year will begin on July 14.The government has asked the authorities concerned to take necessary steps for maintaining Hajj flight schedule. A total of 126,798 Bangladeshi citizens have registered to perform Hajj this year. Of them, 6,798 will...
Read moreThree workers die inhaling septic tank gas in GazipurGAZIPUR, July 09: Three workers died after inhaling toxic gas in a septic tank at a house in Tongi on Monday. The deceased were identified as Atique, 25, and Shaheen, 30, two sons of Shahidullah of Phulbaria upazila in Mymensingh district, and...
Read moreThe headline of a front-page report, "Tax exemption only if income is 15pc higher," published in the Monday's issue of The Financial Express, actually, will be "Audit exemption only if income is 15pc higher." The inadvertent mistake is regretted.
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