Dhaka February 14, 2026, 7:58 am
Bangladesh is likely to receive US$250 million budgetary support from the World Bank (WB), as the Washington-based lender might approve the assistance next week, officials said on Monday.
The coronavirus will cause global economic output to contract by 5.2 per cent in 2020, the World Bank said on Monday.
The government may impose penal tax at a rate of 50 per cent on the amount involved in misinvoicing and fake investment in the upcoming budget (FY 2020-21).
The support was provided to 49 districts by 212 national and local NGOs
The government has selected a total of 17 development projects worth US$11.5 billion as priority ones for Chinese investment.
Cambodia may lose about 3.0 billion US dollars in tourism revenue in 2020 as foreign tourists to the kingdom dropped sharply due to the impact of the COVID-19, said Tourism Minister Thong Khon.
The economy will achieve a 3.8 percent growth in the 2019-20 fiscal year, higher than the initial forecast of 2 percent
The Prime Minister who is shouldering the whole process has decided to save the life as well as reopen the economic activities for the betterment of the country and its people
Economic policy experts, private sector leaders and health professionals have suggested enforcement of a 'hard' lockdown in the country for some days to help control an unmanageable spike in Covid-19 infections.
The five-day Ocean Dialogues which began June 1 is being hosted online by the World Economic Forum and Friends of Ocean Action
Garment, footwear and construction sectors have suffered the biggest economic hit during the Covid-19 pandemic with supply chain disruption as the top challenge, according to a latest report.
The first case of COVID-19 (Coronavirus) was reported in Wuhan, China, in late December 2019. As of 31 May, 2020, over 6.2 million
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
