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
May 22, 2023
Public expenditure stays at lower level
Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.
May 19, 2023
Unquestioned amnesty to black money may not continue
Holders of black money in Bangladesh are unlikely to get the opportunity to legalise their undeclared wealth without facing any questions about the sources of their income in the next fiscal year, officials said.
May 16, 2023
Surcharge-free limit of wealth likely to rise
The government may increase the threshold of surcharge-free net wealth from the coming fiscal year 2023-24 beginning from July – a plan that is likely to reduce the pressure of tax on the upper middle-income people.
May 15, 2023
Tax target likely to be missed for the 11th year
The tax collection growth fell further in April, making it tougher for the National Board of Revenue (NBR) to attain its goal of raising Tk 370,000 crore in the current fiscal year.
May 12, 2023
Domestic airlines doubt fast recovery
Domestic air travel had rebounded last year and the number of passengers reached close to that of 2019 as business and economic activities were revived following the pandemic-induced economic slowdown.
May 11, 2023
Heat wave hits summer vegetables
The heat wave sweeping over large parts of the country is hampering growth and flowering of vegetables, reducing supplies and leading to consumers being forced to dole out more in their purchases.
May 3, 2023
Economic pressure deepens as export, remittance dip
Exports and remittances, two major sources of foreign currencies for Bangladesh, plunged in April, a bad omen for the economy as it deals with multiple challenges, including a dollar crisis, an elevated level of import costs and falling reserves.
April 30, 2023
Pubali Bank aims to be a lifelong partner of clients
Riding on the reputation it has earned over the decades, Pubali Bank Ltd, one of the oldest banks in Bangladesh, is investing to build a robust digital infrastructure with a view to providing all financial services at the fingertips of customers and their doorsteps.
April 19, 2023
Export to Asia growing fast
Bangladesh’s exports to Asian markets are growing steadily thanks to increasing demand from several major markets but the country needs to sign trade pacts and diversify products in a continent where the consumer class is fast expanding.
April 18, 2023
IFIC Bank aims to serve one out of every four families
IFIC Bank Ltd, one of the oldest banks in Bangladesh, is expanding its physical presence fast across the country in its bid to bring one in every four families under its network, said its top executive.
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