Economy

Economy

Separating policy, revenue in NBR top reform priority

The National Board of Revenue (NBR) should not both formulate policies and collect revenue, rather a separate, independent and specialised policy wing should be formed, recommended an advisory committee recently. .This should be the first priority when bringing about reforms, said the co

10h ago

S Alam-linked firms account for 56% of loans from First Security

Companies linked to the controversial S Alam Group took out 56 percent of the total disbursed loans of First Security Islami Bank (FSIB), one of six Shariah-based lenders controlled by the Chattogram-based business giant.

10h ago

Geyser sales pick up as winter bites

Like last year, there is a good demand for electricity-run residential water heaters, locally known as geysers, since the coming of winter this year thanks to changing lifestyles in semi-urban and urban areas and affordable prices, according to industry insiders.

10h ago

2024 The year that was / Growth obsession deepened rich-poor divide

Income inequality in Bangladesh has seen a steep rise over the past 12 years till 2022, according to official data, as economists blame a singular focus on growth rather than sorting out income disparities.

10h ago

Economic stabilisation should be first priority

Bangladesh needs both economic and political reforms to address three major challenges, namely macroeconomic instability, rising inequality and poor governance, which are restricting the country’s development potential, according to experts

10h ago

EXIM Bank discards plan to merge with Padma Bank

EXIM Bank has decided to abandon the proposed merger with Padma Bank.

10h ago

Energypac Power posts Tk 35cr loss in Q1

Energypac Power Generation PLC plunged into losses in the first quarter of the current fiscal year (FY) as higher finance charges denied any benefit from a recent surge in revenue.

10h ago

Economic stabilisation should be first priority

Speakers say at annual ICMAB conference

13h ago

Accounting and audit for economic development

Every economic entity, whether small, medium, or large, contributes to the national economy through investments, capital flows, exports, imports, employment generation, taxation, and technology transfer.

2w ago

Non-life insurers settled just 10% of Jan-Sep claims

Non-life insurance companies in Bangladesh have settled just 10 percent of claims in the first nine months of this year, as per data of the Insurance Development and Regulatory Authority (IDRA).

2w ago

Bottled soybean oil still scarce on grocery shelves

Many consumers said they are still not getting bottled soybean oil in kitchen markets in various parts of the country including Dhaka despite the government allowing refiners to hike prices of the essential cooking ingredient two days ago.

2w ago

Bangladesh unemployment grimmer than it looks

The past government had been relying on international definitions and standards that are over four decades old to measure labour data, painting a rosy picture of low unemployment and an improved labour market.

2w ago

Gold price raised again

Jewellers have again raised gold prices, saying it would be sold at Tk 140,271 per bhori (11.664 grammes) from today. .The previous price of each bhori of 22-carat gold ornaments stood at Tk 138,393..Bangladesh Jewellers’ Association’s (Bajus) standing committee on pricing and price

2w ago

Accounting and audit for economic development

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.

2w ago

Bangladesh among countries with significant population outflows

Bangladesh is among the countries experiencing significant population outflows, alongside India, Mexico, Russia, Syria, China, Pakistan and Ukraine, as people seek better opportunities and escape security concerns, according to the Mastercard Economics Institute (MEI) annual economic outlook for 2025.

2w ago

Workers of 12 Ashulia factories demonstrate demanding 15% annual increment 

According to the industrial police, workers did not get engaged in any chaos or disorder.

2w ago

Stocks continue downward trend 

DSEX lost 12.63 points as of 11:02 am today

2w ago

DSE turnover rises 37%

Turnover at the Dhaka Stock Exchange (DSE) rose 37.46 percent to Tk 383 crore yesterday after hitting a four-month low the day prior..This week’s trading started on December 8, when there was a 12.47 percent fall in turnover..Yesterday, the textile sector dominated market activities,

2w ago