After jute, India seeks anti-dumping duty on PET film
India's Directorate General of Trade Remedies has recommended anti-dumping duties on PET film imported from Bangladesh, China and Thailand, in a finding dated September 29. For Bangladesh it is the second such recommendation in a matter of days.
Bangla QR payments to get cheaper, faster for merchants
Taking payments by Bangla QR code becomes cheaper and faster for merchants from Wednesday, under changes announced by Bangladesh Bank that remove several of the costs attached to the system.
BB holds policy rate on inflation risks, weak economy
There will be no further easing this quarter. Bangladesh Bank is holding the repo rate where it has been, at 9.5 percent, through October to December, caught between inflation that is still above where it wants it and an economy that is plainly not strong.
Quarterly monetary policy: Is caution enough?
Bangladesh Bank's move to quarterly monetary policy statements, replacing the half-yearly cycle, gives the central bank more frequent opportunities to adjust course. The first statement under the new schedule holds the repo rate at 9.5 percent, a choice that is defensible on the inflation numbers…
Tax on microsavings interest worries MFIs
Field offices of the National Board of Revenue have begun collecting 10 percent tax on interest paid on microsavings, along with a 2 percent fine for non-compliance, citing the Income Tax Act 2023. Microfinance institutions say the measure falls on precisely the savers the government says it wants…
Turkish Airlines eyes three more Dhaka flights
Turkish Airlines wants to add three weekly flights on the Dhaka-Istanbul route, taking its schedule from seven services a week to ten, under a proposal put to the government at a meeting in the Secretariat.
About Me
Hello ! I am Richard Y. Lim
Upon migration to Medina, the direction of the Qibla continued to be Jerusalem, although it was then physically impossible for one to also face the Ka’ba, as Medina is north of Makkah.
