Elected govt needed to revive economy
The sooner the country returns to a democratic process, the better it is for the economy, said top industrialist Ahsan Khan Chowdhury.
1w ago
Bangladesh loses $335m a year for corporate tax abuse
Bangladesh is losing $355 million in tax annually because of outward profit shifting by the corporates, particularly multinational firms, and abuses by individuals who have wealth, especially in tax havens.
1w ago
Political consensus needed to make reforms sustainable
Without proper institutions, it’s not possible to prevent abuse of power, prevent corruption, and improve public life, said business leader Abdul Awal Mintoo.
2w ago
Political consensus needed for sustainable reforms: Mintoo
Without proper institutions, it’s not possible to prevent abuse of power, prevent corruption, and improve public life, says business leader Abdul Awal Mintoo
2w ago
Widespread graft was the norm, not exception
The Awami League regime's economic strategy was not always based on equity.
2w ago
Govt gears up efforts to raise rice imports to curb prices
Against the backdrop of rising prices, the government has geared up efforts to buy rice from the international market to replenish stocks and ensure distributions under social safety net schemes to arrest market volatility.
3w ago
AL policy favouring oligarchs dampened economy
The Awami League government favoured the super-rich who controlled capital and laundered the funds aboard, dampening the country’s economy.
3w ago
Defying guidelines, NTTN operators yet to go public
Five of the six operators of Nationwide Telecommunication Transmission Network (NTTN) have not gone public despite being mandated to float shares on the stock market several years ago.
4w ago
June 6, 2023
Govt cuts public food imports to save forex
Bangladesh plans to cut public foodgrain imports in the next fiscal year in an effort to save foreign currencies and avoid putting further pressure on the already strained forex reserves.
June 2, 2023
Tax Measures: Relief for rich, burden on low-income people
Rich will get a shot in the arm from the tax measures in the new fiscal year. They may not have to pay any surcharge on their net wealth worth up to Tk 4 crore from the next fiscal year as per the proposed tax measures.
June 1, 2023
Budget stuck in vicious cycle of non-implementation
The government is likely to fail to implement its national budget fully in the ongoing fiscal year owing to policymakers’ over-optimism and a lack of capacity of public agencies.
May 31, 2023
Are tax policies addressing inequality?
Bangladesh’s economy has been growing at an average 6 per cent annually for the last two decades. Yet the country has witnessed a spike in income and consumption inequality.
May 30, 2023
Air travel tax may surge
For the first time, domestic air travellers are likely to face a travel tax while people going abroad on airplanes are expected to pay up to 67 per cent higher taxes from next fiscal year as the government looks to increase revenue collection.
May 29, 2023
NBR to engage agents to help people file tax returns
The tax authority, for the first time, is going to engage individuals to help new taxpayers file tax return in a bid to increase compliance and narrow the gap between registered taxpayers and regular return filers.
May 28, 2023
Surcharge likely on second car
Owners of more than one car are likely to face an environmental protection surcharge from the upcoming fiscal year as the government plans to discourage the use of vehicles in a bid to contain carbon emissions and air pollution.
May 26, 2023
Tax return filing crosses 30 lakh for first time
The number of people who filed tax returns in fiscal year 2022-23 has crossed 30 lakh for the first time.
May 25, 2023
Fiscal policy barely prioritises macroeconomic stability
The fiscal policy for the ongoing fiscal year has shied away from prioritising macroeconomic stability although several key indicators have come under serious stress owing to internal and external factors, said a noted economist.
May 24, 2023
Fiscal policy goals remain elusive
Fiscal policy goals set for the current fiscal year have remained elusive as private investment has stagnated, the economic growth has fallen, and inflation has shot up, said a noted economist.
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