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/ Economy / Bangladesh

Ecnec okays much-sought third submarine cable project

The Executive Committee of the National Economic Council (Ecnec) on Tuesday cleared four development projects, including Tk 6.93 billion (Tk 693-crore) one to install the third submarine cable. The submarine cable project is aimed at expanding the country’s international telecommunication...

Dhaka eyes $1.2b WB hard-term loan for three development projects

Bangladesh is likely to seek a hard-term World Bank (WB)...

Non-performing loans shown to have dropped but still close to Tk 1.0tn

The default loans dropped slightly in September last as the...

NBR chairman in favour of special tax benefits to prevent money laundering

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul...

NBR extends deadline for tax returns until Dec 31

The National Board of Revenue (NBR) has extended the deadline...

National Income Tax Day on Monday

The ‘National Income Tax Day-2019’ will be observed on Monday...

Private external debt drops in FY20

External debt to the country’s private sector declined in the...

Dhaka's foreign aid receipt up by about 20pc in July-Oct

Bangladesh's foreign aid inflow boosted in the first four months...

Bangladesh starts sending workers abroad

Bangladesh has started sending workers abroad with jobs after months...

Supply chains of contract manufacturers to be more traceable thru VAT guideline

The contract manufacturers will enjoy a simplified VAT process for...

Deadline for disbursing stimulus money among smaller enterprises extended

The central bank has extended the deadline further to implement...

Dhaka-Thimphu to ink PTA deal next month, says Bhutanese envoy

Bhutan will sign the Preferential Trade Agreement (PTA) with Bangladesh...

Switzerland keen to deepen economic ties with Bangladesh, says envoy

Switzerland wants to strengthen and widen its ties with Bangladesh...

Dhaka weighs possibility of joining RCEP, but chance little

Bangladesh's inclusion in the Regional Comprehensive Economic Partnership (RCEP) and...

Private port to handle bulk cargoes to facilitate trade with India

The National Board of Revenue (NBR) has allowed Summit Alliance...

Dictated credit, lack of bad borrowers' data blamed for swelling NPL

Bankers and academicians have cited overfinancing, dictated credit, lack of...

New alliance launched to help Bangladeshi farmers thrive

Farm entrepreneurswill be able operate through ‘Better Life Farming’ centres,...

Bangladesh’s forex reserves cross $41b again

Bangladesh’s foreign exchange (forex) reserves crossed the US$41 billion-mark again...

Non-tariff barriers may be discussed at Indo-Bangladesh talks

Foreign Secretary (FS) Masud Bin Momen is scheduled to visit...

US ambassador to Bangladesh meets CEO of PPP Authority

Earl R Millar, ambassador of the United States to Bangladesh...

Covid causes nearly 40pc decline in FDI inflow into Bangladesh

The net inflow of foreign direct investment (FDI) in Bangladesh...

Bangladesh may get $500m more WB fund for vaccine procurement

The World Bank (WB) has assured Bangladesh of providing US$500...

Recovery slower in the informal economy

In South Asia, three-quarters of workers depend on informal employment....

EPB lowers service charge on exports to EU

The state-owned Export Promotion Bureau (EPB) has reduced the service...

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