GDP grows 6.07% in July-September quarter
Bangladesh’s economy grew at 6.07 percent in July-September of the current fiscal year, the first time the government has published the quarterly growth figure of gross domestic product (GDP).
15 February 2024, 16:52 PM
IMED plans to use drones extensively to monitor projects
The government is planning to use drones extensively to inspect and surveil public projects across the country in order to ensure quality and monitor whether contractors are doing their work properly during implementation.
12 February 2024, 01:32 AM
Subletting surges as rents go through the roof
Mohammad Abu Eusuf, a private sector employee who lives in Dhaka’s Mirpur, earns about Tk 23,000 per month. But the income is not adequate for him to manage his monthly expenses given the ongoing inflationary pressure.
7 February 2024, 00:15 AM
House rent saw faster growth in Oct-Dec: BBS
House rent in Bangladesh rose by an average of 5.89 percent in the October-December period of the current fiscal year (FY), placing an additional burden on many lower and middle-income households, according to the Bangladesh Bureau of Statistics (BBS).
2 February 2024, 00:31 AM
Development spending slows to 13-year low
Spending under the Annual Development Programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies having used just 22.48 percent of their allocations till December last year, official figures showed.
31 January 2024, 01:30 AM
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
31 January 2024, 01:00 AM
How mobile money is reshaping financial inclusion in Bangladesh
In recent years, Bangladesh has seen tremendous growth in digitalization, which is gradually changing the shape of the country’s socioeconomic parameters and propelling it into the digital age.
27 January 2024, 18:00 PM
Tax receipts rise but fall short of target by Tk 23,200cr
Tax collection soared nearly 14 percent in the first half of the fiscal year (FY) 2023-24
26 January 2024, 00:57 AM
Desperation deepens for informal workers
Inflation, lack of any scope to avail government opportunities are among reasons for the desperate state of informal workers
21 January 2024, 16:05 PM
Inflation eases but stays above 9%
Inflation eased in December but remained at more than 9 percent for the 10th straight month
15 January 2024, 00:15 AM
BSCIC seeks more time, funds for industrial printing park
Eight years have passed yet construction of an industrial park has barely seen any progress in Munshiganj
13 January 2024, 05:27 AM
Small ETPs have high potential for reducing pollution
A few months ago, Hossain set up a small-scale effluent treatment plant (ETP) in his own yard to remove contaminants from the wastewater so that it can be reused.
4 January 2024, 00:12 AM
Food wasn't in short supply. But many struggled to feed families
As dawn broke yesterday, Asia Begum prepared again for her daily battle to buy essential goods at subsidised prices in order to save a few bucks and bear other family expenses.
1 January 2024, 01:00 AM
South Asian nations succeeded in taming inflation. Bangladesh, not so much
Most South Asian countries succeeded in reining inflation in 2023 in a major relief for their populations who struggled after prices spiralled owing to the shocks stemming from the lingering impacts of the coronavirus pandemic and the Russia-Ukraine war
27 December 2023, 00:00 AM
Govt frames sustainable procurement policy
The government recently drew up its Sustainable Public Procurement (SPP) Policy 2023, facilitating the participation of small-and-medium enterprises (SMEs) and women-owned business enterprises (WBEs) in public tenders.
21 December 2023, 18:00 PM
July-Nov ADP spending lowest in 8 years
Around 17.06 percent of the government’s annual development programme (ADP) for the current fiscal year of 2023-24wasimplemented in the first five months, the lowest in the past eight years.
18 December 2023, 18:30 PM
Villagers grow food for all. But they end up paying more for it
People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items
15 December 2023, 00:00 AM
How much do the poor pay for rice? At least Tk 50 a kg
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
11 December 2023, 00:05 AM
Small initiative, big impact
For decades, Chattogram City Corporation has been struggling with waste management in the port city, the commercial capital and second-largest city in Bangladesh.
8 December 2023, 18:00 PM
Workers' woes deepen as inflation outpaces wage growth for 22nd straight month
Wage growth remains below inflation rate as per BBS data , compelling many to cut consumption
7 December 2023, 00:00 AM