Dhaka April 20, 2025, 8:11 pm
With the government's bank and non-bank borrowing on a steep rise, the next fiscal's budget is likely to earmark an allocation of Tk 635.25 billion for paying interest.
Ecnec’s approval included a Tk475.26 crore project for the reconstruction of 113 km embankments and re-excavation of 60 km of rivers and 344 km canals in Satkhira
Moody’s Investors Service downgraded India’s credit rating to a notch above junk on Monday, citing a prolonged period of slow growth in Asia’s third-largest economy, rising debt and persistent stress in parts of the financial
The deficit in the upcoming budget is likely to hit a new high of 5.7 per cent due to the government's "expansionary" fiscal approach aimed at weathering the coronavirus effect on the economy, officials say.
The grounding of flights in March caused immense sufferings for overseas workers, severely affecting remittance inflow which had already been on a downward spiral in the first three months of 2020
Factories producing essential products, including edible oil, sugar, flour, cement and steel, inside economic zones will no longer be eligible for tax exemptions.
Economic researcher Ahsan H Mansur has warned of socioeconomic instability and an eroding public trust in the government as Bangladesh
The government has declared around Tk1 lakh crore stimulus packages to provide low-cost funds for the revival of all types of businesses and overcoming losses
Covid-19 pandemic is severely impacting the Bangladeshi economy
The National Board of Revenue (NBR) lagged behind its revised target by 26.29 per cent until April due to an economic slowdown caused by the COVID-19 pandemic.
The economy's almost all major indicators have dipped, drained by sluggish economic activities in the wake of shutdowns aimed at stemming the spread of coronavirus.
The government has cut the demand for more than Tk 18 billion from three major projects,
A sharp decrease in job postings has occurred across all industries of Bangladesh with variations
The Internal Resources Division of the Finance Ministry on May 18 issued a directive reducing the limit with immediate effect
Over a third of European foreign direct investment (FDI) projects announced in 2019
According to the Value Added Tax and Supplementary Duty Act, VAT returns are mandatory within the next 15 days of the prescribed month
At least 34 Japanese companies operating in China have shown interest to relocate their units to Bangladesh.
The Covid-19 pandemic has started a rapidly declining trend in input demand, forward market trade, and basic supply chain functions
Law ministry says the president issued the ordinance considering the situation of the country due to the novel coronavirus
The BHBFC has asked for Tk100 crore from the stimulus package and the remaining Tk1,000 from the government exchequer
