Finance Minister AMA Muhith yesterday hinted that the government may withdraw the proposed increase in excise duty on account balance of more than Tk 1 lakh from 2017-18.

MA Mannan, state minister for finance and planning, yesterday hinted that the finance ministry may reconsider its proposal to hike the

The telecom regulator has decided to cancel the licence of Citycell, which has been out of operation since October last year, and place its spectrum in the forthcoming auction.

BNP urges the government to reduce Value Added Tax (VAT) to a tolerable level in the proposed budget for 2017-18 fiscal year. The 15% VAT proposed in the budget is the highest among South and South-East Asian countries, BNP Secretary General Mirza Fakhrul Islam Alamgir.

Islamic banking is growing rapidly in Bangladesh with a market share of about 20 percent, though the country does not have a full-fledged law for the sector, according to a research.

Mobile operators yesterday blamed high taxes on handsets and duties on mobile services for less-than-expected growth of 3G and other telecom services in Bangladesh.

Bangladesh Bank has asked all commercial banks to be cautious about fake notes as forgers may attempt to release counterfeit notes ahead of the Eid festivals cashing in on increased demand.

Half a million people would have been brought out of poverty had the government allocated Tk 2,000 crore to the poor instead of doling out money to the state banks, analysts said yesterday.

The Indonesian government is predicting that the recent severing of ties between several Arab countries and Qatar would deal a blow to the archipelago’s tourism industry, with 50,000 expected tourists not showing up because of the crisis, a senior official said on Tuesday.

Remittance inflow through agent banking rose significantly in the first quarter of 2017 as the service is increasingly gaining ground thanks to its cost-effectiveness.

A lighter vessel carrying 800 tonnes of cement clinkers capsizes in Pashur River along the Sundarbans in Bagerhat.

The banks that are failing to keep pace with the fast-growing financial sector should merge with each other, according to a top banker.

Bangladesh Bank should intervene to restore stability in the trouble-hit Islami Bank Bangladesh Ltd and avoid

Regent Airways began its first flight from Dhaka to Doha on Friday night.

The government will keep an allocation in next year's budget to meet state banks' capital deficit in continuation of a years-long trend

Bangladesh has the potential to export footwear, sportswear, denim products, toys, bags and electronic goods along with garment items, a top banker said yesterday.

The board of directors of Islami Bank removes Syed Ahsanul Alam, from his post of vice chairman at the bank.

Finance Minister AMA Muhith yesterday hinted at lowering the interest rates on savings instruments as the returns from these tools are

Foreign companies should invest in Bangladesh as the opportunities the country offers far outweigh the challenges, said a top banker.

N Rajashekaran has recently been appointed as the new country officer of Citi for Bangladesh.