Md Asaduz Zaman
Reporter at The Daily Star, covering economics, planning and agriculture sectors in Bangladesh.
Reporter at The Daily Star, covering economics, planning and agriculture sectors in Bangladesh.
Revenue collection in the first four months of the current fiscal year declined by 1 percent year-on-year
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.
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.
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.
Private facilities spring up around public hospitals as govt services fall short
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.
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.
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.
Wage growth remains below inflation rate as per BBS data , compelling many to cut consumption
Construction costs in Bangladesh declined for the second consecutive month in October, driven by a fall in the price of building materials, official figures showed.
Bangladesh’s economy slowed in fiscal 2022-23 although growth bounced back to 5.78 percent by the end of the year’s fourth quarter, government data shows.
Bangladesh’s financial sector has undergone a paradigm shift, experiencing a surge in digitization over the last one-and-a-half decades, bringing millions under banking services that have even reached the village level.
Forhad Hossain has been looking for a permanent job since earning his master’s in management degree from Abdullah Al Mahmud Degree College in Sirajganj in 2019.
The local government division (LGD) accounted for 21 percent of the total expenditure among 58 ministries and divisions in the first four months of the current fiscal year (FY) ahead of the upcoming national elections, scheduled to be held on January 7 next year.
Abdul Khaleq works in Dhaka as a carpenter under a local contractor for eight hours per day, earning Tk 500. But his regular duties are not enough to meet the living expenses of his five-member family.
More than 82 percent of the handicraft makers in Bangladesh are struggling to run their activities due to a capital shortage, according to a survey by the Bangladesh Bureau of Statistics (BBS).
The number of unemployed people in Bangladesh declined by 1.80 lakh year-on-year in the third quarter of 2023 despite the country’s major economic indicators having slowed down.
Although an increasing number of female students are coming out of universities every year, they continue to have the highest unemployment rate among graduates, according to the Labour Force Survey (LFS) 2022 released at the end of last week.