Category: Asia

gold smuggling crackdown nbr seizes assets worth billions Gold Smuggling Crackdown: NBR Seizes Assets Worth Billions

Gold Smuggling Crackdown: NBR Seizes Assets Worth Billions

The National Revenue Board (NBR) of Bangladesh has unveiled a staggering tally of contraband seizures for the year 2025, highlighting a robust crackdown on the illegal movement of precious metals, foreign currency, and excisable goods. During a seminar organised in observance of International Customs Day on Monday, officials revealed that custom houses nationwide successfully intercepted […]
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indication of major changes to savings certificate policy finance secretary says Indication of Major Changes to Savings Certificate Policy: Finance Secretary Says

Indication of Major Changes to Savings Certificate Policy: Finance Secretary Says

The government is considering lifting the purchase cap on national savings certificates as part of a broader effort to modernise Bangladesh’s financial markets and improve public debt management, the Finance Secretary has said. Speaking on Monday (26 January) at a seminar titled “Bond Market Development in Bangladesh: Challenges and Recommendations”, Finance Secretary Dr Md Khairuzzaman […]
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announced a cost saving policy but the governments actions are the opposite Announced a cost-saving policy, but the government's actions are the opposite

Announced a cost-saving policy, but the government’s actions are the opposite

Since assuming office, Bangladesh’s interim government has prioritised fiscal restraint to restore economic stability. Numerous announcements were made promoting austerity and expenditure control. Yet, in practice, operational spending has surged, with the most recent fiscal year marking the first instance where government operational expenditure exceeded total revenue collection. This is especially concerning given the significant […]
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