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Falling revenues, growing worries

While major economies recover from economic challenges, Bangladesh struggles with a concerning trend. The revenue collection has fallen short of target, signalling economic strain ahead, prompting officials to voice apprehensions about bleaker prospects. The National Board of Revenue (NBR) chairman acknowledges the difficulty of achieving revenue targets in an election year ....

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[Berger posts 16% decline in profit | The Daily Star

Berger Paints Bangladesh said its net income declined 16 per cent between October and December 2022 as rising import costs for raw materials erased sales gains due to the devaluation of the local currency, taka. ....

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Bangladesh raises repo rate by 25 basis points to 5.75% in a surprise move

The decision to raise the rate to 5.75% comes just three months after the previous attempt to use the measure to tamp down inflation ....

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Dollar price jumps to Tk 119 in kerb market

The exchange rate of the US dollar jumped to Tk 119 in the kerb market in Bangladesh today. The price of the American greenback in the open market, where people sell and buy cash dollars, was Tk 115 on Monday. ....

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Bangladesh's currency taka falls further, $1 now Tk 91.95

Today's dollar exchange rate in Bangladesh. The local currency of Bangladesh fell by Tk 2.05 in the last two days in its value to Tk 91.95 against the US dollar. ....

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