Dhaka March 14, 2025, 3:01 pm
The adviser said that many foreign giant investors previously could not make investments in Bangladesh due to policy shortcomings
ADB Country Director Hoe Yun Jeong came up with the assurance when he met Environment Adviser Rizwana Hasan at the Forest Department on Sunday
The Bangladesh Financial Intelligence Unit (BFIU) is currently investigating the source of the funds and identifying the individuals or entities responsible for the deposits
It has also streamlined tax filing by enhancing online services
All struggling factories, including those in the paper and steel industries, must be brought back into production
♦ Targeting 10 Banks and 10 Industrialists ♦ What’s Next?
The repayment deadlines for various foreign loans and deferred payments typically fall in this month
According to data provided by the NBR, VAT collection up until October stood at Tk 41,192 crore, falling short of the target of Tk 51,904 crore
Bangladesh Bank Governor Dr Ahsan H Mansur made this remark while inaugurating the Golden Jubilee Celebration of Bangladesh Institute of Bank Management (BIBM) in the city
If the situation does not improve fast, the inland water-based supply chain would collapse – a crisis not even the workers want to face, Afsar said urging swift resolution to the crisis
Earlier on 14 March, it was decided Padma Bank would be merged with Exim Bank after a Tk1,700 crore government bailout package failed to bear fruit
The $280 million Chattogram Water Supply Improvement Project will provide safe water to over one million people
Syria became the runner-up in recognition of ending half a century of depraved dynastic dictatorship by ousting Bashar al-Assad on 8 December
The government is likely to sign a loan deal with the global lender on December 22 in this regard
The risk stems from IMF calls to redefine NPLs and align rescheduling with global standards
The government is focusing on reducing subsidies by cutting production costs in the energy sector, the adviser says
The IMF also expected that the GDP growth will rebound to 6.7% in FY2026 as policies are expected to ease
The agreement also focuses on developing the private sector, reforming state-owned enterprises and boosting transparency and good governance
The projects of information and communication technology (ICT) sector have been taken for personal gains, by which money of the state has been embezzled everywhere
The decision was adopted in a stakeholder meeting chaired by M Siraz Uddin Miah, Principal Secretary to the Chief Adviser