Sohel Parvez is the Business Editor of The Daily Star.
The sooner the country returns to a democratic process, the better it is for the economy, said top industrialist Ahsan Khan Chowdhury.
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.
Without proper institutions, it’s not possible to prevent abuse of power, prevent corruption, and improve public life, said business leader Abdul Awal 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
The Awami League regime's economic strategy was not always based on equity.
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.
The Awami League government favoured the super-rich who controlled capital and laundered the funds aboard, dampening the country’s economy.
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.
To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.
The two made Tk 333 crore profit in nine months
After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.
Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.
On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.
In 2021, some 2.25 percent of the population used SHSs. The number declined to 1.81 percent in 2023, according to a recent survey report of the Bangladesh Bureau of Statistics (BBS).
A provision in the Income Tax Act 2023 created the discrimination
The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.