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.
3d 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.
4d 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.
1w 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
1w ago
Widespread graft was the norm, not exception
The Awami League regime's economic strategy was not always based on equity.
1w 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.
2w 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.
3w ago
February 16, 2024
Turkish Coca-Cola Icecek acquires Coca-Cola Bangladesh for $130m
Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.
February 16, 2024
Turkish Coca-Cola Icecek acquires Coca-Cola Bangladesh Beverages for $130m
Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.
February 14, 2024
Exports to South Korea tripled in 5 years on duty benefits
Exports from Bangladesh to South Korea nearly tripled over the past five years thanks to duty-free benefits and a push by exporters to explore the world’s 13th largest economy and thereby diversify their export destinations.
February 10, 2024
Yields on bills and bonds are rising. What does it mean for credit flow to private sector?
In December last year, the yield of 364-day treasury bills (T-bills) stood at 11.28 percent, the highest in 11 years
January 28, 2024
Banks phasing out ATMs as focus shifts to both deposit and withdrawal
Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation
January 15, 2024
Dollar crisis puts small and medium firms on weaker footing
Dollar crisis along with LC opening difficulties is giving small and medium firms no respite
January 7, 2024
What does it mean for Bangladesh?
Increase in shipping time and cost is expected as the fallout from Red Sea crisis deepens
January 4, 2024
Financial account deficit swells as outflows intensify
Central bank data highlights continuing financial account deficit in the face of international currency outflow
January 4, 2024
Seven major sectors fell from grace as export dropped
Except knitwear, exports earnings have been in decline across the other seven major sectors according to data by EPB
December 30, 2023
Corn import to fall as dollar shortage persists
Bangladesh’s corn import may plunge in the marketing year (MY) 2023-24 beginning from May owing to reduced requirement of feed in poultry, aqua and other farms, and difficulties faced by millers in importing goods amid the ongoing forex shortage in the country, according to a recent report by the US Department of Agriculture (USDA).
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