Economy / Bangladesh

Bhutanese envoy visits proposed SEZ area in Kurigram

Bhutanese envoy visits proposed SEZ area in Kurigram

Bhutanese Ambassador to Bangladesh Rinchen Kuentsyl has said Bhutan will be benefit from the employment and economic development of the people of Bangladesh if the special economic zone (SEZ) is established there. The ambassador, who is on a two-day visit to oversee the proposed SEZ area in Bhogda


All income of employees of SoCBs’ to be taxable

All income of employees of SoCBs’ to be taxable

The government is holding consultations with five state-owned commercial banks (SoCBs) to impose tax on all forms of income of the banks' employees based on SRO-370 under the Pay Scale 2015 to boost revenue earnings, sources said They said the finance division of the Ministry of Finance has alread

Revised ADP for FY24 slashed by 7.0pc

Revised ADP for FY24 slashed by 7.0pc

The government on Tuesday approved a Tk 2.45 trillion revised ADP for the current fiscal year (FY) 2023–24.   The revised amount is Tk180 billion, or 7.0 per cent lower than the original Tk2.63 trillion ADP.   Presided over by Prime Minister Sheikh Hasina, the National Economic

Infrastructure boom positions BD as Bay of Bengal powerhouse

Infrastructure boom positions BD as Bay of Bengal powerhouse

Investments in deep-sea ports, airports and rail and road connections to land ports have positioned Bangladesh as a key player in the South Asian region, according to foreign development partners, as the country now offers more trade and investment opportunities. According to them, the infrastruct

Sale of eggs, milk, meat at affordable prices begins

Sale of eggs, milk, meat at affordable prices begins

The Ministry of Fisheries and Livestock (MoFL) on Sunday launched truck sale of eggs, milk, and meat at rational prices for the Ramadan, aiming to ensure consumers' easy access to essential animal proteins during the holy month. The initiative aims to stabilise prices and enhance supply to meet th

NBR chairman emphasises boosting number of entrepreneurs

NBR chairman emphasises boosting number of entrepreneurs

Abu Hena Rahmatul Muneem, chairman of the National Board of Revenue (NBR), has called for boosting the number of entrepreneurs for further development of the nation. Mr Muneem, also the senior secretary at the Internal Resources Division, made the call while addressing a pre-budget discussion, hos

AIIB likely to raise climate financing to Bangladesh

AIIB likely to raise climate financing to Bangladesh

The Asian Infrastructure Investment Bank (AIIB) is likely to raise its financing to Bangladesh in the coming years while the country is likely to be the first nation to receive climate finance from the multilateral development bank. "We don't have any limits on our lending to Bangladesh right now.

Merchandise exports witness over 12pc growth in Feb

Merchandise exports witness over 12pc growth in Feb

Merchandise exports fetched Bangladesh US$5.18 billion in February 2024, recording a 12.04-percent year-on-year growth, with apparel shipments overwhelmingly dominating the invoice as usual. Export receipts amounted to US$4.63 billion in February 2023, according to Export Promotion Bureau (EPB) da