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Interim govt boosts BKB’s capital ceiling by Tk3,500cr

Authorised capital jumps from Tk1,500cr to Tk5,000cr The interim government of Bangladesh has approved a significant capital boost for the struggling Bangladesh Krishi Bank (BKB), raising its authorised capital from Tk 1,500 crore to Tk 5,000 crore. This surge adds Tk 3,500 crore to the state-owned bank’s capital, marking a substantial increase aimed at addressing […]

Govt grants 10-year tax holiday for renewable energy firms

The Bangladesh government has introduced a tax holiday for renewable energy power generation companies, aiming to drive more investment in the country’s green energy sector. The tax incentive provides benefits over a ten-year period, designed to support long-term growth and development of renewable energy projects. The National Board of Revenue (NBR) recently issued an official […]

Govt seeks to restore confidence in stock market

Finance Adviser Dr Salehuddin Ahmed on Wednesday said the government is actively working to restore investor confidence in Bangladesh’s capital market, with a focus on both short- and long-term stability measures. Following a meeting with the Bangladesh Securities and Exchange Commission (BSEC) at its headquarters in Dhaka’s Agargaon, Dr Salehuddin addressed reporters, highlighting the government’s […]

Govt to make ‘National Maritime Port Strategy’

Shipping Adviser Brig Gen (Retd) Dr M Sakhawat Hussain today said the government would formulate a “National Maritime Port Strategy (NMPS)” for effective and sustainable port management to attract more domestic and foreign investments. “The government will formulate ‘National Maritime Port Strategy’ for ensuring an effective and sustainable port management to attract more domestic and […]

Tenure of elected govt should be 4yrs: Ariff

Local Government Adviser Hassan Ariff has said the tenure of governance in the country should be four years instead of the current constitutional provision for five years. “If a major global power like the United States can have a four-year term, there should be no issue in having a four-year term for governance in Bangladesh. […]

Hajj 2025: Govt announces packages slashing costs

The government has announced two hajj packages for 2025 reducing the costs significantly. This year the government fixed Tk 4,78,241 as minimum cost under package one, Tk 1,00,598 less than the previous years and Tk 5,75,680 under package two for pilgrims, said Religious Affairs Adviser AFM Khalid Hossain at a press briefing on Wednesday. Intending […]

Canada party says will work with opposition parties to oust Trudeau govt – Times of India

QUEBEC: A Quebec nationalist party said Tuesday it will work with other opposition parties in Canada‘s Parliament to topple PM Justin Trudeau‘s minority govt.Trudeau’s Liberals have 153 seats in the 338-seat House of Commons and must rely on an opposition party to pass legislation. With parliamentary elections approaching and Trudeau hoping for a fourth term, […]

No deliberations held on 27th constitutional amendment in govt circles: Tarar

Federal Information Minister Attaullah Tarar addressing a press conference in Islamabad on May 18, 2024. — APP ISLAMABAD: Putting speculations regarding the 27th constitutional amendment to rest, Minister for Information and Broadcasting Attaullah Tarar said that no deliberations were held on such legislation in any government circle. Speaking on Geo News programme ‘Aaj Shahzeb Khanzada […]