Provide food, cash aid to ultra poor
Economists have suggested that the government open a hotline service through which ultra-poor people facing food crisis during “lockdown” can communicate their sufferings and the government can take prompt steps to get food to them.
11 April 2021, 18:00 PM
Corporate tax may be cut
Finance Minister AHM Mustafa Kamal yesterday indicated that the government may consider reducing corporate tax rates for listed firms in the upcoming budget.
11 April 2021, 18:00 PM
Rice stock still scarce
Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.
7 April 2021, 18:00 PM
IMF lifts GDP growth forecast to 5pc
The International Monetary Fund has raised its projection for the economic growth of Bangladesh to 5 per cent for 2021, up from 4.4 per cent it forecast in October.
6 April 2021, 18:00 PM
Did remittance really increase in South Asia?
World Bank in its latest twice-a-year regional update has raised question whether remittance flow in the South Asian countries has really increased.
31 March 2021, 18:00 PM
WB now sees 5.6pc GDP growth
Bangladesh’s gross domestic product (GDP) may grow by as high as 5.6 per cent in the current fiscal year, subject to three factors, said the World Bank yesterday.
31 March 2021, 18:00 PM
Suez Canal blockage may disrupt trade
Exporters and importers are apprehending prolonged delays in shipments as efforts so far have failed to dislodge a massive container vessel that continues to choke traffic in both directions along the Suez Canal.
25 March 2021, 18:00 PM
Govt to import 50,000 tonnes of rice from India
The government yesterday approved the import of 50,000 tonnes of rice from India in order to increase the country’s food stock and control spiralling prices.
24 March 2021, 18:00 PM
Work and Test Relief: Govt raises allocation by 81.25pc
The government has increased the allocation for its Money for Work and Test Relief (TR) programmes by 81.25 percent for the current fiscal year to revitalise a pandemic-hit rural economy and provide money to people through development of rural infrastructure.
22 March 2021, 18:00 PM
Rising imports leave little room to use reserves for dev projects
The government’s plan to use foreign exchange reserves to bankroll infrastructure projects may face difficulty in the current fiscal year as rising imports will leave little leeway for making such lending.
20 March 2021, 18:00 PM
Karnaphuli to expand fleet of container vessels
Within a year of stepping into container feeder vessels operation between Chattogram and two regional hub ports, Karnaphuli Ltd is going to buy four more ships to expand its footprint in the region.
16 March 2021, 18:00 PM
Khatunganj lost over Tk 514cr to waterlogging in 2020: study
Traders in Chattogram’s Khatunganj incurred direct financial losses of around Tk 514.38 crore last year solely for waterlogging, estimated a study made public yesterday.
15 March 2021, 18:00 PM
Govt approves import of another 3.5 lakh tonnes of rice
As a part of its aggressive push to increase the country’s food stock, the government yesterday approved three proposals to import a total of 3.5 lakh tonnes of rice from India, Thailand and Vietnam under state-to-state arrangements.
10 March 2021, 18:00 PM
New policy for faster rice import
To replenish the country’s fast-depleting food stock, the government has approved a proposal to lessen the time of bidding process by over a month for ensuring a faster import of rice.
3 March 2021, 18:00 PM
ADP outlay slashed by 3.26pc
The government has slashed the development budget for the current fiscal year by 3.26 per cent, keeping the local portion of the fund almost unchanged while trimming the foreign part.
2 March 2021, 18:00 PM
Rising imports choking port with containers
As commodities start to be imported in increasing quantities ahead of Ramadan, containers have started piling up at the Chattogram port as traders are not promptly receiving consignments.
2 March 2021, 18:00 PM
Govt ADP portion trimmed by only Tk 7 lakh despite cost-cutting measures
The allocation to the revised annual development programme may trim by only Tk 7 lakh although the government had decided to put low-priority projects on hold in the beginning of the fiscal year because of the coronavirus pandemic.
1 March 2021, 18:00 PM
Govt targets $150b remittance in 8th Five-Year Plan
The government has set an ambitious target of earning $150 billion through remittance between July 2020 and June 2025, according to a document on the 8th Five-Year Plan.
28 February 2021, 18:00 PM
Tea consumption crashes for first time since 2007
Drinking tea is increasingly becoming a part of family, social and professional life in Bangladesh as young, grownups and even kids alike like to take a sip at the world’s most popular beverage.
20 February 2021, 18:00 PM
Govt to amend rules for faster purchase of commodities
The government is going to amend procurement rules to import rice, wheat and other commodities in the fastest possible time.
10 February 2021, 18:00 PM