Dhaka March 17, 2025, 1:27 am
International Monetary Fund (IMF) has prioritized five issues to sustain Bangladesh’s economic growth and ease transformation to higher middle-income countries from the present position
The Indian industry is "raising voice with their government" to put some conditions (non-tariff barriers) on Bangladesh, like using indigenous materials -- the condition of rules of origin
In the national budget for the fiscal 2019-20, the government announced 2.0 per cent cash incentive on remittance. But, the implementation of the initiative took time due to developing a system
The energy ministry has adopted a go-slow policy in striking deals for securing long-term supplies of LNG
Considering there are relatively few opportunities to invest in fixed-income assets in Bangladesh as the bond market is still nascent, this could suggest there is suppressed demand from these asset managers
Initially the project cost is likely to be $ 700 million to $ 800 million. The WB is expected to provide $500 million and the rest will be provided by the government from its internal resources
The flow of inward remittances rose to US$4.51 billion during the July-September period of FY 2019-20 from $3.87 billion in the same period of the previous fiscal
Foreign Direct Investment (FDI) in Bangladesh is equivalent to only around 1.0 per cent of GDP which needs to be enhanced to keep this growth momentum on track
From now on, companies producing, importing, distributing and using electricity, gas and other petroleum products can apply for new licence or renewal of existing ones online
The project will bolster growth, improve living standards, and improve mobility, flood resilience, and solid waste management in Dhaka and Khulna city-regions
Businessmen should not be harassed for VAT collection. Experts urged the participants to point out the issues to the concern of NBR if any clause or rule is not business-friendly
The sector's credit growth came down to 10.68 per cent in August 2019 on a year-on-year basis from 11.26 per cent a month earlier, according to the Bangladesh Bank's latest statistics
The NBR on Sunday in a letter requested the Bangladesh Bank (BB) to give necessary directives to all the commercial banks to take measures regarding the decision
The companies shortlisted are Mitsui, Marubeni, Osaka Gas, AOT Energy, Diamond Gas, Summit Oil & Shipping, Excelerate Energy, Jera, Gazprom, Vitol, Trafigura, Woodside Petroleum, Eni, Petronas, CNOOC, Cheniere, and Chevron
The Ministry of Finance has set the net negative bank borrowing target at Tk 13.93 billion for the next month, according to the auction calendar issued by the Bangladesh Bank (BB) on Sunday
The Department of Environment also raised concerns about the existing waste management system which creates environmental risks
Finance Minister AHM Mustafa Kamal on Sunday said Bangladesh will be a hunger and poverty free country within the next decade
There are a total of 285 jute mills in the country. Of those, 42 private jute mills, 12 spinning mills and one state-run jute mills were closed despite different steps taken by the government, it said
Paddy prices have been hovering between Tk 400 and Tk 650 a maund for the past one year against production costs of Tk 820-1,000 based on varieties and regions
None would be able to suppress us anymore as our economy is moving ahead. Bangladesh is expected to be among the first 20 economically developed countries by 2041
