Govt on bank borrowing spree for bailout funds
Government bank borrowing goes ballooning with the fundraising through special auction of bonds and bills to pay for five-in-one Sammilito Islami Bank and possible liquidation of nine hard-up nonbanks.To meet the fresh financing challenges, amid less-than-expected level of revenue-mobilisation drives, the Ministry of Finance (MoF) keeps holding special auction of...
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Build 'new Bangladesh' with women at forefront
Place women at the centre of political and social transformation, the Chief Adviser urges, asserting that a "new Bangladesh must rise with the womenfolk leading the way". Speaking at the 2025 Begum Rokeya Day ceremony in Dhaka on Tuesday, Prof Muhammad Yunus notes that the country still falls short of...
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ILO defers action about Bangladesh amid political transition
Bangladesh gets a breathing space as the International Labour Organization (ILO) defers until March its decision about further action for nonobservance of three labour rights-related core conventions, sources say.However, the UN labour agency presses for timely implementation in all priority areas of the national action plan on labour sector.Taking note...
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NBR to bring 4m entities under VAT net in two years
The National Board of Revenue (NBR) has set an ambitious goal to bring four million businesses under VAT registration within the next two years.This is part of its efforts to expand the VAT net and ensure greater compliance across the country.NBR Chairman Md Abdur Rahman Khan says the current 644,000...
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BB buys $202m at Tk 122.29 per dollar
The central bank purchased over US$2.50 billion from banks in nearly last five months aiming to encourage both exporters and remitters through keeping the dollar-taka rate stable.As part of the ongoing intervention, the Bangladesh Bank (BB) bought $202 million more through auction from 13 commercial banks on the interbank spot...
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Judiciary functions set to gain new momentum
The judiciary of Bangladesh is set to enter a new phase of efficiency and institutional independence with the promulgation of the Supreme Court Secretariat Ordinance 2025, a long-awaited reform that grants full financial and administrative autonomy to the apex court.The landmark Ordinance reshapes how the country's judicial system is managed...
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No street protest after poll schedule announced
Bangladesh's interim government urges political groups, activists and the public to desist from staging unauthorised protests and street gatherings once the timetable for national elections is announced, or else illegal assemblies will invite legal action.Schedule is expected within days for the 13th parliamentary polls-concurrently with referendum on post-uprising reforms-planned for...
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