A senior official of Bangladesh’s National Board of Revenue (NBR), Kazi Abu Mahmud Faisal, is under investigation over allegations of accumulating wealth disproportionate to his declared income, according to findings by the Anti-Corruption Commission (ACC). Faisal, currently serving as Additional Tax Commissioner in Bogura in a temporary capacity, previously held the post of Joint Tax […]

IPDC Finance PLC, the country’s first private sector financial institution, reported a strong financial performance for 2025, with net profit rising by 25.39 per cent year-on-year to BDT 455 million. The results underscore the company’s operational resilience amid a challenging macroeconomic environment and reflect the effectiveness of its diversified business strategy. Despite broader economic pressures, […]

Commercial banks in Bangladesh will now be allowed to provide incentive bonuses to employees even if they fail to record a net profit, provided they generate an operating profit. The new policy marks a relaxation of earlier restrictions imposed by the central bank and is expected to provide greater flexibility to banks in rewarding staff […]