Biz-Econ

Bangladesh`s gross foreign exchange reserves have crossed US$26 billion.

The International Monetary Fund on Tuesday expressed deep concerns to the Bangladesh Bank over the persistently high inflation in the country.

The National Board of Revenue (NBR) has reduced customs duty, Advance Income Tax and fully waived advance tax on import of dates to keep this iftar item beyond the purchasing power of commoners during the holy month of Ramadan.

India`s Adani Power has further reduced electricity supply to neighbouring Bangladesh as it seeks to recover more than $800 million in dues, according to data from Bangladesh`s grid operator and two sources familiar with the move.

Bangladesh Bank (BB) has asked bank officials and staffs in the four city corporations of Bangladesh to submit their tax returns online.

Two-day Bangladesh Remittance Fair will begin at Jamaica Performing Arts Centre in New York on October 20 to increase remittance flow from the USA to Bangladesh.

The 55th World Standards Day will be observed today as the day is being observed every year for creating awareness on goods and services across the world.

The month-long Dhaka International Trade Fair, or DITF, is set to kick off in Dhaka’s Purbachal on the first day of next year.

The National Board of Revenue (NBR) has ordered all customs houses and related offices across the country to operate round the clock to ensure the smooth functioning of the supply chain.

Deposed prime minister Sheikh Hasina’s former adviser for private industry and investment Salman F Rahman and his associated companies have defaulted on around Tk 18,000 crore loans from Janata Bank, according to data from Bangladesh Bank and Janata Bank.

Banks have increased the price of United States dollar up to Tk 119.40 after getting central bank instruction to rate hikes to lure more remittance through the legal channel.