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.
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.
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.
Bangladesh’s economy grew at 6.07 percent in July-September of the current fiscal year, the first time the government has published the quarterly growth figure of gross domestic product (GDP).
The government is planning to use drones extensively to inspect and surveil public projects across the country in order to ensure quality and monitor whether contractors are doing their work properly during implementation.
Mohammad Abu Eusuf, a private sector employee who lives in Dhaka’s Mirpur, earns about Tk 23,000 per month. But the income is not adequate for him to manage his monthly expenses given the ongoing inflationary pressure.
House rent in Bangladesh rose by an average of 5.89 percent in the October-December period of the current fiscal year (FY), placing an additional burden on many lower and middle-income households, according to the Bangladesh Bureau of Statistics (BBS).
Spending under the Annual Development Programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies having used just 22.48 percent of their allocations till December last year, official figures showed.
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
In recent years, Bangladesh has seen tremendous growth in digitalization, which is gradually changing the shape of the country’s socioeconomic parameters and propelling it into the digital age.
Tax collection soared nearly 14 percent in the first half of the fiscal year (FY) 2023-24
Inflation, lack of any scope to avail government opportunities are among reasons for the desperate state of informal workers
Inflation eased in December but remained at more than 9 percent for the 10th straight month