Inflation will remain much controlled in the next fiscal year and the annual average inflation is expected to stand at around 6 percent, said Finance Minister AHM Mustafa Kamal, in his budget speech for the FY2023-24 on Thursday (1 June).  According to his budget speech, the rate

The finance minister on Thursday (June 1) proposed an increase in the tax-free income limit for individual taxpayers, after three years, to Tk 3.5 lakh from the existing Tk 3 lakh giving relief to marginal taxpayers. Finance Minister AHM Mustafa Kamal said this while placing the

Finance Minister AHM Mustafa Kamal today (June 1) said in the budget for the next fiscal year (FY24), the government will focus on sustaining the economic recovery by successfully implementing the ongoing stimulus packages. He said: "We have completely overcome the effects of the

A two-day regional LPG conference began in Dhaka on Tuesday to promote liquefied petroleum gas (LPG) as an environment-friendly fuel to free the earth from the curse of carbon emissions. World LPG Association organised the Asian Regional LPG Summit at International Convention City

The central bank of Iraq expanded its gold reserves by 2% in one day last week, Bloomberg reported, stating that a bigger move into gold is in the works. Iraq purchased 2.5 tons of gold Thursday, increasing its total gold reserves to 132.73 tons, Bloomberg cited Mazin Sabah, director

Dr Philip Kotler, an American marketing author, consultant, and father of modern marketing, highlighted Bashundhara Tissue, a product of the Bashundhara Group, in his newly published book. Bangladesh edition of the book titled “Essentials of Modern Marketing” made a case

Jewellers have lowered the price of gold by Tk 1,749 to Tk 95,694 per bhori in the market of Bangladesh. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Sunday. The price of 22-carat

The Premier Bank Ltd. and Bangladesh Election Commission signed an agreement at Bangladesh Election Commission Secretariat on Wednesday (May 24) for the collection of NID-related fees. Mr. Shamsuddin Chowdhury, Additional Managing Director of The Premier Bank Ltd., and Mr. Mohammad

The government will procure some 1.80 crore liters of soybean oil, 80,000 metric tons of fertilizer and 12,500 metric tons of sugar to meet the growing demand of the country. The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals in this regard in its

Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. "A Netflix account is for use by one household," the company said in a statement.

TikTok has sued to block the US state of Montana from banning residents from accessing its social media platform. Monday's lawsuit comes after last week Montana became the first US state to pass a sweeping ban on the Chinese-owned video-sharing platform. In a statement, TikTok

The regional sales conference of Bashundhara LP Gas Limited was held in Cox's Bazar. The conference was organized in the hall room of a hotel in Kalatali on Sunday (May 21) afternoon. According to information, more than hundred distributors and regional officials participated in

The government has said that a decision regarding onion import will be taken within two or three days. Agriculture minister Md Abdur Razzaque made the remark while talking to journalists at his secretariat office on Sunday (May 21). The minister also said, "We will take the

The prices of vegetables increased abnormally in Dhaka's kitchen markets, triggering further woes for commoners. During a visit to several kitchen markets in the capital on Friday (May 19), it was found that the price of vegetables went up as compared to last week.  Most of

The government has approved seven separate proposals under which it would procure some 12,500 metric tons (MT) of sugar from the USA.   The decision was made today (May 17) from the 17th meeting of the Cabinet Committee on Government Purchase (CCGP) this year held virtually with

Tesla Inc CEO Elon Musk has said that the company can make no new hires unless he personally approves them, according to a copy of the email seen by Reuters. “No one can join Tesla, even as a contractor, until you receive my email approval,” Musk said in the email on

Commerce Minister Tipu Munshi has said the price of sugar go down within a day or two.  Besides, actions will be taken against those who will sell sugar beyond the fixed price, the minister said.    He made the remark while addressing an event at National Press Club

A growing number of countries are showing interest to join the BRICS alliance and accept the new currency. BRICS could soon become BRICS+ as the South African ambassador, Anil Sooklal hinted that the alliance could expand this year. The decision to allow other countries to join the

The Premier Bank Limited held “Annual Risk Management Conference 2023” at R-Events at Renaissance Dhaka Gulshan Hotel recently. Freedom Fighter Dr. H.B.M. Iqbal, Chairman of the Board of Directors of Premier Bank graced the occasion as Chief Guest; Mr. Mohammed Nurul Amin,

The National Economic Council (NEC) today approved a Taka 2.63 lakh crore original ADP (annual development programme) for the next fiscal year (FY24). The approval came from a meeting of the NEC held today with its chairperson and Prime Minister Sheikh Hasina in the chair. Out of