All Finance

Holy Shab-e-Qadr today

Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader

KNF attack to loot money and show capability: RAB

Kidnapped manager of Sonali Bank returns to his family

Home Minister to visit Bandarban tomorrow to inspect situation

FBCCI demands rise in tax free income limit to Tk4.5 Lakh

Dhaka, April 5: Taking into account the current inflation and the real income of low-income people, the top business association FBCCI has demanded that the tax-free income limit of individuals be increased to Tk 4,50,000 in the budget of the next financial year 2024-25.

BDBL merging with Sonali Bank, Rakub with Krishi Bank

Dhaka, April 5: The government has decided to merge two state-owned banks with two other banks. The two banks are Bangladesh Development Bank (BDBL) and Rajshahi Krishi Unnayan Bank (RAKUB).

Growth in export earnings increased by 10 percent in March

Own Correspondent, Dhaka, 3 April 2024: Export earnings have increased by 10 percent in the recently concluded March month. Bangladesh earned 510.25 crore US dollars by exporting products this month. In local currency (110 taka per dollar) which amounts to taka 56,128 crores.

1650 metric tons of onion imported by TCB released

Own Correspondent, Dhaka, 2 April 2024: One thousand 650 metric tons of onions imported from India have been released at the railway yard of Sirajganj. This is the first consignment of onions imported by Trading Corporation Bangladesh (TCB).

PM seeks more assistance from ADB in socio-economic development

Dhaka, April 1: Prime Minister Sheikh Hasina has sought stronger support from the Asian Development Bank (ADB) to accelerate Bangladesh's efforts in socio-economic development of the people.

Dollar crisis in Bangladesh decreases

Dhaka, March 31: Dollar crisis has been going on in the country for a long time. Due to this many companies could not open LC. The dollar rose by leaps and bounds in an unbridled market. Meanwhile, many bank-money changers got involved in manipulation. As a result, the market became more reckless. Banks and money changers involved in manipulation are also fined. Still the market is not under control. Instead, the price of the dollar rose to Tk 127 in the open market. After that, the central bank was shaken. The regulatory body takes various initiatives. Bangladesh Bank released dollars from reserves to keep the market normal. In this, the reserve also falls. However, the banks are in a cautious position with dollars to solve the crisis. All in all, the US dollar crisis in the country has been reduced somewhat due to various public and private initiatives.

Saudi Arabia is investing heavily in Bangladesh's energy sector

Own correspondent, Dhaka, 27 March 2024: Saudi Arabia is investing 1.4 billion dollars (15 thousand 348 crores in Bangladeshi currency) in the energy sector of Bangladesh.

Tk 18,221 crore revenue deficit in 8 months

Dhaka, March 26: There has been 16 percent growth in revenue collection in eight months of the current financial year 2023-24. But it could not meet the target. The National Board of Revenue (NBR) has managed to collect Tk 18,221 crore less than the target of revenue collection in eight months.

The family spends 12053 rupees on food per month, more is spent on buying rice

Dhaka, March 24, 2024: At the national level, the average monthly household expenditure is Tk 12,530.

Ministry urges everyone to be sincere in the service of remittance warriors

Own Correspondent, Dhaka, 24 March 2024: State Minister for Expatriate Welfare and Foreign Employment Shafiqur Rahman Chowdhury has urged everyone to be more sincere in serving the remittance fighters. Stating that the image of the ministry depends on the service and use of the new recruits, he said, remittance fighters come to you with a lot of hope and hope to serve. The more comfortably you serve them, the brighter the image of the ministry will be.

In Rajshahi, prices of vegetables triple from the wholesale to the retail market

Own Correspondent, Dhaka, 24 March 2024: Although the prices of all types of vegetables have decreased in the wholesale raw market of Rajshahi, it has not affected the retail market. The prices of vegetables are doubling or tripling as soon as they come from the wholesale market to the retail market. The sellers say that they have to buy at a higher price in the wholesale market. And buyers say strict monitoring by government agencies is needed to control the market.

Garment exports to EU and new markets increase

Dhaka, March 22: In the eight months (July-February) of the current financial year 2023-24, exports of ready-made garments to the European Union (EU), United Kingdom, Canada and new markets have increased.

Reserves fall to $19.98 billion

Dhaka, March 22: On March 6 of this month, the country's foreign exchange reserves were 2,634 crore dollars. On Wednesday (March 20), reserves stood at USD 2,525 crore, and according to BPM-6, the current reserve amount is 1,999 crore or 19.98 billion dollars, which was 2,115 crore dollars on March 6. According to that, gross (total) reserves fell by 109 crore dollars in 14 days and as per BPM it fell by 116 crore dollars.

Onion price in Hili has decreased by Tk 50 per kg

Own Correspondent, Dhaka, March 20, 2024: In the space of a week and a half, the price of onion has decreased by Tk 40 to Tk 50 per kg in the Hili market of Dinajpur. Onions priced at Tk 90 to Tk 100 per kg are now being sold at Tk 50 per kg.

PM demands Ireland's support to get GSP benefits in EU until 2032

Dhaka, March 19: Prime Minister Sheikh Hasina has sought Ireland's support to extend the GSP benefits for Bangladesh in the European Union (EU) market to 2032 instead of 2029 to consolidate economic growth after LDC transition.