Economy / Bangladesh

Bhutan King to sign MoU on establishing SEZ in Bangladesh

Bhutan King to sign MoU on establishing SEZ in Bangladesh

Bangladesh and Bhutan will sign three memoranda of understanding (MoUs) during the visit of Bhutanese King Jigme Khesar Namgyel Wangchuck, who will arrive in Dhaka on Monday. This is the first high-level visit by a foreign dignitary to Bangladesh after the Awami League formed the government for a


Current account surplus soars to over $3b

Current account surplus soars to over $3b

Bangladesh's current account surplus increased significantly to more than 3.0 billion US dollars from July 2023 to January this year under the current 2023-24 fiscal year ending in June. According to the latest data, published by the Bangladesh Bank, the current account balance showed a surplus of

All income of employees of SoCBs’ to be taxable

All income of employees of SoCBs’ to be taxable

The government is holding consultations with five state-owned commercial banks (SoCBs) to impose tax on all forms of income of the banks' employees based on SRO-370 under the Pay Scale 2015 to boost revenue earnings, sources said They said the finance division of the Ministry of Finance has alread

Revised ADP for FY24 slashed by 7.0pc

Revised ADP for FY24 slashed by 7.0pc

The government on Tuesday approved a Tk 2.45 trillion revised ADP for the current fiscal year (FY) 2023–24.   The revised amount is Tk180 billion, or 7.0 per cent lower than the original Tk2.63 trillion ADP.   Presided over by Prime Minister Sheikh Hasina, the National Economic