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/ Economy / Bangladesh

NBR seeks explanation from Agrani

The National Board of Revenue (NBR) has issued a show cause notice on Agrani Bank following the state-owned bank's failure to pay value added tax (VAT) and excise duty worth Tk 400 million to it (NBR). The large taxpayers unit...

Submit action plans to bring down ADR limit, BB asks banks

The central bank has asked the banks to submit their...

WB to provide loan of $515m for two projects

The World Bank is set to provide a loan of...

WB questions government data about GDP growth

The World Bank (WB) on Monday has expressed doubts about...

Raise savings tools’ investment ceiling

Government secretaries have requested the finance minister to raise the...

New move to conduct seismic survey in offshore blocks

The government has moved afresh to carry out seismic survey...

Lending rate will drop to single digit soon, economists hope

Economists said interest rate should come down to single digit...

Hotel and restaurant sector set to post higher growth

Country’s hotel and restaurant sector is going to post higher...

Shortfall forces NBR to consider trimming tax collection target

The government is considering chopping its tax revenue collection target...

'Diversification in local businesses creating better future for economy'

Next decade for Bangladesh economy looks bright as diversification in...

Current yield rates on savings certificates to stay: NBR chief

The government has no plan to cut yield rates on...

Project aid allocation worth Tk 600b likely

The government is likely to earmark more than Tk 600...

Stunning success in using Japanese aid

Bangladesh achieved considerable progress in utilising Japan's aid loan in...

Remittance inflow jumps by 17.04pc in nine months

Remittance inflow in the first nine months rose by 17.04...

ADB launches new procurement policy

The government and the Asian Development Bank (ADB) have reviewed...

Emphasis on flexible tax policy to entice FDI

The country’s investment promotion authorities urged the government’s revenue authority...

China to develop industrial zone in Ctg

China is developing a 750-acre industrial park in Bangladesh which...

NOAB demands keeping print media out of tax net

Newspaper owners on Wednesday proposed the government to keep the...

Banking sector growth likely to decline in FY ’18

A number of scams along with troubles of varying nature...

BD to get 85.11m euro from IDB for rural, peri-urban housing

Bangladesh will receive 85.11 million Euro in loan from the...

Many businesses balk at paying VAT unlike income tax: NBR chief

Many business entities are reluctant to pay VAT (value added...

Road ministry seeks 74pc higher fund

The ministry of road transport and bridges has sought Tk...

BB cuts banks’ CRR, effective from Apr 15

The central bank of Bangladesh slashed on Tuesday the cash...

Economy encountering money market, BoP imbalances

The ongoing chaos in the country's financial market is the...

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