Local firm exporting saplings to Qatar
Bangladesh is now playing a part in Qatar’s initiative of turning deserts into greenery, thanks to local firm which is exporting saplings.
10 June 2021, 18:00 PM
Whitening Black Money: Wholesale scope goes
The opportunity to whiten black money without any question from authorities regarding its source, which was offered by the government in the current fiscal year, is not going to continue the next fiscal year 2021-22.
3 June 2021, 18:00 PM
Small businesses see stimulus funds at last
The cottage, micro, small and medium enterprises, who were among the worst hit for the pandemic, appears to have started seeing the stimulus funds of late after initial reluctance from banks in disbursing credit to the sector.
24 May 2021, 18:00 PM
Legalising Undisclosed Assets: Scope to stay next year
The government will continue to offer the scope for legalising undisclosed money in the upcoming budget, Finance Minister AHM Mustafa Kamal said yesterday.
19 May 2021, 18:00 PM
ADP gets 14pc bigger
It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns.
18 May 2021, 18:00 PM
Mega projects to get Tk 47,283cr from new ADP
The government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development budget for the upcoming fiscal year.
17 May 2021, 18:00 PM
Ctg chamber walks the same path as FBCCI
Mahbubul Alam has been re-elected president of the Chittagong Chamber of Commerce and Industry (CCCI) in an election that saw all director hopefuls emerging victorious without any votes.
11 May 2021, 18:00 PM
Safety net budget to cross Tk1 lakh crore for first time
The budgetary allocation meant for the poor and vulnerable is set to go past Tk 1 lakh crore mark for the first time as the government sets aside additional funds to support the needy during the coronavirus-induced income collapse.
10 May 2021, 18:00 PM
ADP spending may expand by 14pc
The government may allocate Tk 225,324 crore to implement development projects in the next fiscal year, which is 14 per cent higher than that in the revised budget.
9 May 2021, 18:00 PM
NBR collection target may remain unchanged
The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year because of the devastating effect of the coronavirus pandemic on the economy.
8 May 2021, 18:00 PM
First 9 Months of This Fiscal Year: Tk 14,295cr cash, assets legalised
Undisclosed assets worth a staggering Tk 14,295 crore have been legalised in the first nine months of this fiscal year.
6 May 2021, 18:00 PM
Incentive spending on remittance may go up
The government may increase its allocation for incentive expenses for remittance in the next fiscal year as it looks to retain the surge of the flow of the cheapest source of foreign currencies for Bangladesh.
3 May 2021, 18:00 PM
Govt plans ambitious aid use target
The government plans to set an ambitious target of using foreign aid worth Tk 88,024 crore for development projects in the next fiscal year as external assistance has piled up.
29 April 2021, 18:00 PM
ADB cuts growth projection for second wave
The Asian Development Bank (ADB) has downsized its projection about the Bangladesh’s GDP growth in the current fiscal year of 2020-21, considering the second wave of Covid pandemic and fresh lockdown that restricted economic activities.
28 April 2021, 18:00 PM
GDP growth target cut again
The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.
25 April 2021, 18:00 PM
Govt to expand safety net
The government has already provided seasonal assistance to about 10 lakh people living below the poverty line and will expand such social protection programmes to curb the adverse effects of any future economic shock, according to Finance Minister AHM Mustafa Kamal.
24 April 2021, 18:00 PM
Ctg port deliveries slow amid lockdown
There has been a sharp fall in delivery of imported goods from the Chittagong port in the last six days since the countrywide lockdown was imposed on April 14 as importers are not taking the deliveries timely.
19 April 2021, 18:00 PM
ADP spending slows in Jul-Mar
The first nine months of the current fiscal year of 2020-21 saw slow implementation of the Annual Development Programme (ADP) with only 41.92 per cent of the total outlay spent till March while development spending declined 3.27 per cent year-on-year.
18 April 2021, 18:00 PM
Vaccine Purchase: WB to provide $500m more
The World Bank has agreed to provide $500 million to Bangladesh in additional financing to buy Covid-19 vaccines, but set some conditions regarding the procurement of the shots.
13 April 2021, 18:00 PM
Pandemic reversing poverty cut: WB
The Covid-19 pandemic has reversed Bangladesh’s steady trend of poverty reduction which had continued over the past two decades, according to a new report of the World Bank.
12 April 2021, 18:00 PM