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The Financial Express

/ Economy / Bangladesh

BD lost Tk 40b export earnings for BJMC: Minister

Textiles and Jute Minister Golam Dastagir Gazi has blamed the Bangladesh Jute Mills Corporation (BJMC) for the current malaise in the flagging jute sector. He blamed the organisation for costing the country Tk 40 billion in lost export earnings from...

UNDP launches Future of Work Lab in BD for resilient economy

The United Nations Development Programme (UNDP), in collaboration with its...

ADP execution rate hits 10-yr low

The government's capacity for implementing the development projects dropped further...

Large taxpayers power NBR

Corporate tax payment by large taxpayers jumped by over 15...

Forex reserve crosses $36b-mark for first time ever

Bangladesh’s foreign exchange (forex) reserve has crossed the US$36 billion-mark...

Remittances hit record $18.20b in FY20

The flow of remittances grew by nearly 11 per cent...

BB announces policy on export against payment guarantees

The central bank has issued a policy allowing banks to...

VAT reg display: Non-compliant firms face penalty

Businesses and shops may have to face penal action for...

RMG exports drop 19pc in FY'20

The country's readymade garment (RMG) exports declined by 18.84 per...

‘Supply rice at agreed price, otherwise we may go for import’

The government will import rice to keep the market stable...

Flood condition posing threat to targeted Aus, Aman production

Deteriorating flood condition in several regions, due mainly to the...

NBFIs seek Tk 100b liquidity support

Top executives of the non-bank financial institutions (NBFIs) have sought...

Restarting economy: Decision outweighs dividend

Hope ran high on easing restrictions on movement and economic...

VAT information not mandatory to get bank loan

The National Board of Revenue (NBR) has withdrawn its directive...

‘FDI to be very important for BD, UK for COVID-19 recovery’

British High Commissioner to Bangladesh Robert Chatterton Dickson has said...

Govt eases rules to park untaxed money in stocks

The Finance Bill for fiscal year 2020-21 has reduced the...

EPB moots $37 billion export target

The Export Promotion Bureau (EPB) has proposed setting a $37.44-billion...

Whitening black money: Others abuse fish farmers’ tax benefit

A vested quarter is allegedly legalising their black money by...

BD seeks $6.4b Chinese fund for new projects

Bangladesh now wants Chinese funds for nine new projects worth...

BUILD seeks corporate tax cut for all export sectors

Business Initiative Leading Development (BUILD) has demanded reducing corporate tax...

Amendment to VAT rebate provision likely

Two major fiscal measures regarding Value Added Tax or VAT...

Govt liabilities could climb 56pc in FY'21

The government liabilities are expected to jump by 56 per...

Jobless recovery might put progress of last decade at risk: Study

Job creation and inclusive growth must be the centrepiece of...

Revenue collection rises in May, but well below target

The government’s revenue collection increased to Tk 134.53 billion in...

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