BPC profit nosedives
Bangladesh Petroleum Corporation's profit plummeted 45 percent in the first 10 months of the fiscal year due to the government's
11 June 2018, 18:00 PM
Budget for MPO Programme: Tk 432cr set aside for 1,000 more schools
The finance ministry has set aside Tk 432 crore to bring in a maximum of 1,000 secondary schools under Monthly Pay Order scheme in the next fiscal year.
10 June 2018, 18:00 PM
Bangladesh Economy: IMF sees three key risk factors
The IMF has identified risk factors in Bangladesh economy, including political unrest related to national elections, the Rohingya situation and further deepening of crises in the state owned banks.
9 June 2018, 18:00 PM
Safety Net Widens: Poor to benefit from electronic fund transfer
The government is going to bring another 12 lakh people under social safety net programmes in the next financial year with the introduction of an electronic fund transfer system to ensure that the money goes directly to the accounts of the beneficiaries.
7 June 2018, 18:00 PM
Fresh bailout for state banks
The government may again allocate Tk 2,000 crore to state-run banks in the upcoming budget to help them meet capital deficit, continuing its years-long “go easy” attitude towards the lenders despite their irresponsible lending practices.
4 June 2018, 18:00 PM
Tk 414 crore earmarked in upcoming budget
The government has earmarked Tk 414 crore in the Annual Development Programme of the upcoming budget for shifting one lakh Rohingyas to Bhashan Char in Noakhali.
4 June 2018, 18:00 PM
Interest payment to go up 24pc
The government's spending on interest payment is set to go up by 24 percent in the upcoming national budget compared to the
31 May 2018, 18:00 PM
Tax-free income limit to be raised
The government is likely to increase the tax-free income limit for individual taxpayers and slash the corporate tax rates to encourage
29 May 2018, 18:00 PM
Private pension shaping up
Finance Minister AMA Muhith will present a detailed outline of a private sector pension scheme in the upcoming budget with a plan to
28 May 2018, 18:00 PM
Social safety net to widen
The government plans to bring more people under its social safety net programmes in the next budget with an eye on the upcoming
27 May 2018, 18:00 PM
Subsidy burden to be heavier
Subsidy expenditure is set to increase 16.36 percent to Tk 32,000 crore in the incoming fiscal year as three new areas -- gas, fuel and
26 May 2018, 18:00 PM
Project cost rises manifold
The quest to transform the Ashuganj container terminal port into a world-class one has become more expensive for the government,
21 May 2018, 18:00 PM
Govt to make first-ever gold policy
The government is going to introduce a gold policy to make import and export of the precious metal easy, and ensure transparency and accountability in its trade inside the country.
20 May 2018, 18:00 PM
Big boost for mega projects
The government has allocated large funds for several mega projects under the next fiscal year's Annual Development Programme (ADP) to speed up the implementation of the projects ahead of the next national polls.
10 May 2018, 18:00 PM
Transport, power to take centre stage in budget
The planning ministry is likely to propose a Tk 1.81 lakh crore development budget for next fiscal year, giving emphasis on
7 May 2018, 18:00 PM
Project funds to move fast now
From next fiscal year, development projects will see half their allocations for the year automatically deposited into the accounts without the need for any paperwork as the government looks to enhance utilisation of development funds.
3 May 2018, 18:00 PM
LNG to come from Oman too
As part of its efforts to address gas crisis in the country, the government is going to import liquefied natural gas (LNG) from Oman.
18 April 2018, 18:00 PM
IDB gives Tk 1,000cr for housing finance
The Islamic Development Bank will provide Bangladesh a Tk 1,000 crore loan (€94.75 million) to help the country ensure access to housing finance
4 April 2018, 18:00 PM
Economy marches towards record 7.65pc growth
The Bangladesh economy is charging towards record growth figure for the second consecutive year, driven by double-digit growth in manufacturing and construction sectors.
3 April 2018, 18:00 PM
Tight monetary policy comes undone
In a flurry of moves over the past seven days, the finance ministry and the Bangladesh Bank undid the tight monetary stance
2 April 2018, 18:00 PM