The central bank is going to roll out the country’s own debit card by August to allow travellers to make payments at home as well as in India, said Bangladesh Bank Governor Abdur Rouf Talukder yesterday. 

Bangladesh has a huge skincare and colour cosmetics market that is ruled by fake products and illegally imported items, said an official.

A contractionary monetary policy statement (MPS) for the first half of the 2023-24 fiscal year will help to revive the financial and private sectors, said Barrister Md Sameer Sattar, president of the Dhaka Chamber of Commerce & Industry (DCCI).

Rangs Limited, a distributor of Japanese automaker Mitsubishi Motors in Bangladesh, has launched a brand-new “Xpander 2023” in the local market at a price of Tk 44.50 lakh ahead of Eid-ul-Azha.

Parveen Mahmud, the first female president of the Institute of Chartered Accountants of Bangladesh (ICAB), won the “Top 50 Women Global Awards Sri Lanka 2023” in the category of “Leadership in Finance and Accounting” for her remarkable achievements and dedication to the profession in and beyond the border.

Twitter plans to focus on video, creator and commerce partnerships to revitalise the social media company’s business beyond digital advertising, according to an investor presentation by owner Elon Musk and new Chief Executive Linda Yaccarino that was reviewed by Reuters.

Bangladesh’s economy is poised to regain its high growth trajectory by the next year as price effects of the Russia-Ukraine war have largely stabilised and significant improvement has taken place in containing global pandemic situation, projects the Bangladesh Bank (BB) yesterday.

No mandatory submission of wealth statement for persons travelling abroad

The 7-seater will have a price tag of Tk 44.5 lakh

The leading chamber says in response to the monetary policy for FY24

The card will help travellers make payments while in India

Bangladesh Bank projects

Bangladesh Bank says

Bangladesh Bank says

The Bangladesh Bank will introduce a market-driven reference lending rate

CPD Distinguished Fellow Debapriya Bhattacharya says

The Bangladesh Bank has decided to increase the policy rate

The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.

The government is likely to discard its plan to ask for wealth statements from the people who travel abroad, according to officials of the finance ministry. 

When legendary entrepreneur SK Akij Uddin borrowed from banks, he would consider himself a custodian of the money and would remain vigilant in ensuring timely repayment.