Economy / Bangladesh

Fiscal perks to spur domestic e-bike production

Fiscal perks to spur domestic e-bike production

The fiscal incentives on electric bikes (e-bikes) in the new budget have appeared as an opportunity for local manufacturers to make hefty investments to promote environment-friendly vehicles in Bangladesh. The proposed budget for the fiscal year 2025-26 has offered tax benefits for the production


WB projects 3.3pc GDP growth in FY'25

WB projects 3.3pc GDP growth in FY'25

The World Bank (WB) has projected that the economy of Bangladesh would grow by 3.3 per cent in the fiscal year (FY) 2024-25, ending June 30. The GDP (gross domestic product) growth of Bangladesh is estimated to rise at 4.9 per cent in the FY '26 from the previous level, according to the WB's lates