Hunt for OMS food grows desperate
In the bustling area of Mirpur-10 in the capital, over 300 people gathered early Monday morning, hoping to buy subsidised essentialsthat serve as a lifeline for low-income families.
22h ago
Pran now making flour, semolina
Pran-RFL Group, one of the country’s leading conglomerates with diversified interests, including in food processing, has started producing both whole wheat and refined flour alongside semolina.
1w ago
Stocks jump as NBR cuts capital gains tax
Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.
2w ago
The hidden cost of healthcare
Private facilities spring up around public hospitals as govt services fall short
2w ago
Interim govt to strengthen universal pension scheme
The interim government plans to strengthen the universal pension scheme (UPS) with the aim of bringing people from all walks of life under a sustainable social security framework.
3w ago
ADP spending in first quarter lowest in 15 years
Amid cautious spending by the interim government and disruptions due to political turmoil, the implementation rate of the annual development programme (ADP) in the current fiscal year’s first quarter hit the lowest in at least 15 years.
3w ago
Revenue receipts fall 6% in Jul-Sep
Revenue collection in the first quarter of the current fiscal year showed a 6 percent year-on-year decline, raising concerns that the interim government’s fiscal space may be squeezed further amid the contractionary monetary policy.
1m ago
Half of banks’ CSR spending went to disaster management
Of their total corporate social responsibility (CSR) expenditure, banks spent 45 percent on disaster management violating rules in the first half of 2024, with bankers saying it mainly went to various funds maintained by the Prime Minister’s Office before the political changeover on August 5.
1m ago
October 14, 2024
New policy limits OMS dealers’ tenure to 5 years
The OMS programme is a public food distribution system under which the government sells rice and flour at subsidised rates through authorised dealers and trucks across the country.
October 9, 2024
Why the cost of Matarbari deep-sea port project is going up
Four years after its approval, the cost of the Matarbari deep-sea port project in Cox’s Bazar has escalated, while the deadline has been pushed back too.
October 1, 2024
Debt servicing costs outweigh incoming loans
Bangladesh’s cost to service loans from multilateral and bilateral lenders surpassed the amount received from them during the first two months of fiscal year (FY) 2024-25, indicating that the country’s already fragile foreign exchange reserves may be stressed further.
September 24, 2024
Revenue receipts drop 11% in July-Aug
The government’s revenue collection in the first two months of the current fiscal year has been 11 percent lower year-on-year, which the tax administration attributed to the recent political unrest and the interim government’s emphasis on doing away with inflated figures.
September 19, 2024
Duty exemptions surged 20% in FY23
Duty exemptions provided by the National Board of Revenue (NBR) have been increasing over the years despite Bangladesh’s low tax-to-GDP ratio and the International Monetary Fund’s (IMF) recommendation to rationalise such expenses.
September 9, 2024
Inflation eases in August but stays above 10%
Inflation eased in August but remained at over 10 percent, as higher prices of goods and services continued to strain the purchasing power of consumers.
September 5, 2024
Real estate still a haven for black money
The scope for legalising undisclosed income without facing any questions remains as the tax administration has not scrapped the provision of whitening black money in case of the purchase of flats and land, raising criticism.
September 2, 2024
Hike in airfreight puts vegetable and fruit exporters in trouble
Fresh vegetable and fruit exporters are apprehending a drop in sales of perishables following a hike in cargo freights, particularly by Biman Bangladesh Airlines, last month..Biman, the state carrier, hiked cargo fares in August anywhere from 56 percent to 150 percent depending on the rout
September 1, 2024
Industrial output growth slows to four-year low
Industrial output in Bangladesh grew at its slowest pace since the Covid-19 pandemic, hitting 6.66 percent last fiscal year owing to declining exports, import restrictions and a slowdown in domestic demand due to persistent inflation.
August 31, 2024
How life is like when prices go through the roof
Fatima Khatun, dressed in a washed-out kameez, came to Muslim Bazar in Mirpur 12 to shop with her four-year-old son on August 16.
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