Business Inspection BD

The Finance Ministry has approved BDT 637.80 crore to assist families of martyrs & injured protesters from the July uprising. Disbursement will begin on 10 January 2025, with grants provided in phases. Each martyr’s family will receive BDT 30 Lac, while BDT 290 crore is allocated for 15,000 injured individuals & BDT 100 crore for medical treatment. Further payments will be made after June from the next fiscal year’s budget.

The Energy & Mineral Resources Division has reduced the prices of diesel & kerosene by BDT 1 per litre, effective January 1. Diesel & kerosene will now cost BDT 104 per litre, down from BDT 105. Octane & petrol prices remain unchanged at BDT 125 & BDT 121 per litre, respectively. The adjustment follows the global market trends under an automated pricing formula.

Bangladesh's banking sector faces a crisis, with NPLs reaching 2.11 trillion BDT & 12 banks in critical condition, raising questions about Bangladesh Bank's oversight. To Watch Full Video: https://lnkd.in/g5bY234y

Bangladesh Bank has extended emergency liquidity support totaling BDT 12,500 crore (approximately USD 1.25 billion) to three banks facing financial challenges. This intervention aims to stabilize the banks’ operations and maintain depositor confidence. The funds were provided under the central bank’s “lender of last resort” facility, allowing the banks to borrow at an interest rate of 8.75%. The banks are required to repay the loans within a short term, typically overnight, to ensure liquidity and financial stability.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has finalized the audit terms for Teletalk, marking the first-ever scrutiny of the state-owned mobile operator. The audit will focus on operational challenges, financial liabilities, and unpaid fees amounting to Tk 1,849 crore. The BTRC also plans to conduct audits on Grameenphone and Robi Axiata, despite unresolved disputes over previous audits, involving unpaid taxes and spectrum fees.

Wishing you a prosperous & successful New Year 2025! May this year bring new opportunities, growth, & achievements in both business & life. Cheers to a bright and inspiring future!

Hilsa, Bangladesh's national fish, generates BDT 21 thousand crore annually, supporting 25 lac livelihoods with a catch of 6 lac tons. To watch full video: https://lnkd.in/gHZasCAx

Walton has been honored with the 'Best Brand Award 2024' in the television category for the second consecutive year, affirming its leadership in Bangladesh’s tech industry. The recognition, presented at the 16th Bangladesh Brand Forum's Best Brand Awards, highlights Walton’s commitment to innovation and quality. Key company executives attended the event, marking another significant achievement for the leading electronics brand.

Commerce Advisor Sheikh Bashiruddin assured that due to sufficient stock, essential goods prices will remain stable and even decrease during the upcoming Ramadan. The government is preparing to distribute TCB cards to 100,000 households in Rajshahi to provide affordable goods. While not all can receive the cards due to resource limits, transparent selection will ensure fairness, focusing on the truly disadvantaged population.

The Karnaphuli Tunnel faces a daily loss of 26 lac BDT, raising concerns about its financial sustainability amid China's loan repayment. To Watch Full Video: https://lnkd.in/gA7A2Z6C