The invisible ones
Of the over 7 crore people employed in Bangladesh, 85 percent (nearly 6 crore) are vulnerable as they work in the informal sector, which lacks basic social and legal protection, and employment benefits.
1d ago
IMF prescribes ending tax exemptions
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
3d ago
ADP spending picks up in July-March
Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
1w ago
Tax receipts rise 15% in July-March, close to IMF target
Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
1w ago
Govt may lower corporate tax to encourage compliance
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
1w ago
Migrant workers stare into uncertainty as global crises deepen
Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
1w ago
Sweet Success
On a warm March morning in front of a state-of-the-art facility in Gazipur, employees were found to be lining up at a large gate, designated as the entry point.
1w ago
Traditional sweet-makers struggle to stay afloat
Almost 60 years ago, Kali Saha opened a small sweet shop in Savar’s Namabazar after gaining experience as an apprentice. Despite offering only roshgollas, curds, and chamchams, the name and fame of “Kali Saha Mistanno Bhandar’’ spread.
1w ago
March 31, 2024
Demographic dividend: How long can Bangladesh enjoy it?
The proportion of working-age people declined to 65.08 percent in 2023 from 66.58 percent in 2021, according to a survey of the Bangladesh Bureau of Statistics (BBS). A year before, the proportion was 65.67 percent.
March 26, 2024
Ageing in Bangladesh: Are we ready for more social spending?
The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.
March 21, 2024
ADP spending in Jul-Feb 14-year low
Spending under the annual development programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies using just 31.17 percent of the total allocation till February this year, showed official figures.
March 19, 2024
Farmers face moderate to severe food insecurity: BBS
One in every four households, or 26.13 percent, that rely on agriculture for their income face food insecurity
March 18, 2024
3.77cr suffered food insecurity last year
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
March 14, 2024
Govt may offer tax exemption for foreign research grants
The government is considering granting a tax exemption for foreign grants provided to local researchers in order to boost their activities and earn more foreign currency.
March 8, 2024
Driving equality
Gender responsive finance in Bangladesh has increased significantly over the last decade in both the public and private sectors, portraying a favourable shift toward ending the gender gap.
March 7, 2024
Women outnumber men in farming sector
More women are joining the agriculture sector in Bangladesh as their job opportunities in industries, especially garment factories, have stagnated and men switch to non-farm sectors amid increased mechanisation of farming activities
March 7, 2024
Inflation declines in February
The overall inflation in Bangladesh slid 19 basis points to 9.67 percent in February thanks to a fall in the prices of both food and non-food items, according to sources at the planning ministry.
February 27, 2024
Govt to cut ADP size by 7%
The government is set to downsize the Annual Development Programme (ADP) for the current fiscal year of 2023-24 by nearly 7 percent while prioritising projects having the highest impact, according to planning commission sources.
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