Government's revenue authority launches an extensive drive to recoup domestic revenue shortfall by tapping potential sectors as limited scope left for a last-quarter boost in taxing development-project spending.Field-level officials say implementation of the Annual Development Programme (ADP) is tr
The Asian Development Bank said on Sunday it was ready to deliver urgent help to the countries in the Pacific region, which has been rattled by the war in the Middle East and resulting fuel shortages. Speaking at the ADB’s annual 59th meeting in Uzbekistan’s ancient city of
Depositors of several units of Sammilito Islami Bank have taken to the streets in Chattogram, locking branch gates and demanding immediate access to their savings and promised profits. They demonstrated outside the First Security Islami Bank, Global Islami Bank, Union Bank, Social Islami Bank, and
A much-sought-after bidding round offering some 26 offshore hydrocarbon blocks to potential international oil companies (IOCs) with sweetened terms is expected to be launched shortly, says a senior official of Petrobangla. The energy and mineral resources division (EMRD) under the Ministry of Powe
Dr. Fahmida Khatun, Executive Director of the Centre for Policy Dialogue (CPD), on Saturday warned that the government’s practice of borrowing from the central bank to meet budget deficits is ‘suicidal’ for the national economy. Such borrowing fuels inflation and severely erodes
