চালের আমদানি শুল্ক ও রেগুলেটরি শুল্ক প্রত্যাহার
Bonik Barta
গত ২০ অক্টোবর চালের ওপর আমদানি শুল্ক ২৫ শতাংশ থেকে কমিয়ে ১৫ শতাংশ করা হয়। নিয়ন্ত্রণমূলক শুল্ক ২৫ শতাংশ থেকে কমিয়ে করা হয় ৫ শতাংশ। আর ৫ শতাংশ আগাম কর সম্পূর্ণ প্রত্যাহার করা হয়।
রফতানি আয়ের ৫ হাজার ৮০০ কোটি টাকার হিসাব কারচুপির অভিযোগ কেয়া কসমেটিকসের
Bonik Barta
কেয়া কসমেটিকসের পাঠানো চিঠিতে দাবি করা হয়েছে, ২০০৪ থেকে ২০২১ সাল পর্যন্ত সাউথইস্ট ব্যাংকের মাধ্যমে তারা ১১১ কোটি ডলারের বেশি রফতানি করেছেন যার মধ্যে ব্যাংক কর্তৃপক্ষ কেয়া কসমেটিকসের আর্থিক অ্যাকাউন্টে সাড়ে ৮৪ কোটি ডলারের বেশি জমা দিলেও বাকি ২৬.৬ কোটি ডলার জমা দেয়নি।
8 banks face losses in Jul-Sep as provision against bad loans rises
The Business Standard
Eight banks reported losses in the July-September quarter of this year, following the central bank's tightened measures to maintain adequate provisions for classified loans. Among the loss-making banks, National Bank reported Tk698 crore loss, followed by Exim Bank with Tk566 crore, Bank Asia with Tk103 crore, Islami Bank with Tk89 crore, Al-Arafah Islami Bank with Tk47 crore, SIBL with Tk29 crore, First Security Islami Bank with Tk31 crore and ICB Islamic Bank with Tk19 crore.
MNCs face tough Jul-Sep quarter as revenue, profit declines for most
The Business Standard
Most multinational companies (MNCs) in the country experienced a challenging July-September 2024 quarter, as revenue and profit declined due to widespread political uncertainty and natural disasters affecting much of the country during the period. High inflation, a forex crisis, lower sales, and gas shortages also contributed to the losses for many of these firms.
BB reduces two-way price quoting spread for primary dealers
The Financial Express
Under the new rules, the spread will be fixed on the basis of bid-ask yield instead of price earlier, according to a notification issued by the Bangladesh Bank (BB) on Thursday. The spread has been reduced to a maximum 0.80 per cent or 80 basis points on all tenor of the government securities (G-Sec) from around 1.20 per cent or 120 basis points earlier, according to the central bank calculation.
White Paper body indicates massive irregularities in four major sectors
The Financial Express
Initial findings of the White Paper committee on State of Bangladesh Economy have indicated large-scale irregularities, especially in areas of data, cost and information, in four major sectors, including energy and physical infrastructure. The committee also unearthed a nexus among politicians, bureaucrats, businessmen and civil society members in the corruption process establishing a culture of financial irregularities and autocratic politics.
BB clarifies cash injection into market
The Financial Express
The central bank has clarified its position regarding the latest injection of high-powered money into the market. As emergency strikes, according to the Bangladesh Bank (BB), this liquidity has been injected for the time being.According to the circular, the central bank will issue BB bills or any related instrument of the same amount very soon to withdraw the money from the market.
"So, there will be no net injection into the market. And this is the last time such a special bond is being issued," it said.
An untapped market for Bangladesh
The Financial Express
The International Labour Organisation (ILO) has published a study titled 'Decent Work Status of the Care Workers: A Rapid Assessment' recently that looks at the global demand for care-giving services till 2035. Its findings are very interesting for Bangladesh. According to ILO, the country has the potential to create around 7.0 million new jobs in the care-giving service sector.
Elon Musk Gets Trump’s Economic Plans Partly Right
Project Syndicate
Elon Musk recently admitted that Donald Trump's policy agenda would lead to economic turmoil. But if their plan to eliminate government waste involves cuts to entitlement programs such as Social Security and Medicare, rather than the necessary military, diplomatic, and financial reforms, recovery will remain elusive. AUSTIN – One can only admire Elon Musk for the candid nihilism of his belief that Donald Trump’s proposed tariffs, deportations, and spending cuts (which Musk has volunteered to supervise) would tank financial markets and cause an “initial severe overreaction in the economy.” They would indeed.