Md Asaduz Zaman

Reporter at The Daily Star, covering economics, planning and agriculture sectors in Bangladesh.

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.

2d 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

3w 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

April 24, 2024

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.

April 23, 2024

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.

April 22, 2024

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.

April 21, 2024

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.

April 20, 2024