BDT 41.5 billion losses from Bangladesh Bank forex reserve in FY15 Bangladesh Bank faced losses of BDT 41.5 billion in operating its foreign exchange reserve in last financial year as currencies of the countries where the central bank’s foreign exchange reserves were kept became weaker against the Bangladeshi currency taka.

S Korea keen to cooperate in energy, ICT: PM Lee South Korean Prime Minister Lee Nak-yon on Sunday said his country was keen to cooperate Bangladesh in various fields especially energy, infrastructure, ICT and hi-tech sectors to further strengthen trade ties between the two nations. Prime Minister made the remark

Remittance hits all-time high Remittance hit an all-time high of $16.40 billion in the just concluded fiscal year, lending some breathing space to the Central Bank as it continues to sell US dollars to maintain the exchange rate. The inflows were 9.47 percent higher than in fiscal 2017-18, according to

Spare Banks from stock dividend tax: Chairman, ABB Banks have sought to be excused from the government’s plan to introduce 15 percent tax on stock dividend and retained earnings and reserves to encourage cash dividends as it will put some listed lenders in a difficult spot. Syed Mahbubur Rahman, Chairman

Tax-free dividend income for Investors doubled Finance Minister AHM Mustafa Kamal has proposed the ceiling for tax-free dividend income up to Tk 50,000 in a bid to encourage stock market investors. At present, the ceiling for tax-free dividend income for individual investors is Tk 25,000. Special incentives will continue for