Excise hike to pile up woes for middle class
Halima Khatun, a 55-year-old widow, has to rely on income from fixed deposit receipt (FDR).
4 June 2017, 18:00 PM
Baggage Rules: Duty-free privilege now only three times a year
The new budget brings bad news for a section of businessmen as it limits to three the number of times a year they can bring along goods through land ports duty free.
4 June 2017, 18:00 PM
Energy Prices: Govt profiting, people losing
The government goes into an immediate-action mode to hike fuel prices in sync with global oil prices. But consumers do not get any benefit when the prices of fuel come down in the international market.
3 June 2017, 18:00 PM
Govt sets a huge target
Finance Minister AMA Muhith has unveiled a plan to utilise an unprecedented amount of foreign aid next fiscal year with a view to
1 June 2017, 18:00 PM
Subsidy expense to go up 17.3pc
The government is set to increase its subsidy expenditure by 17.30 percent from the current year to Tk 27,954 crore in fiscal 2017-18
1 June 2017, 18:00 PM
Safety net set to widen
The number of beneficiaries, who get allowances and food from the government under various social safety net programmes (SSNPs),
31 May 2017, 18:00 PM
Budget to get 26pc bigger
When Finance Minister AMA Muhith presents the budget in parliament tomorrow, he will likely gloat about it -- Tk four lakh crore in size -- which is 26 percent bigger than the one for the outgoing fiscal year.
Not that presenting a big budget is of great significance for Muhith; he has been doing it for the past few years. In fact, it is under his tutelage that the budget has risen from below Tk one lakh crore in 2009 to Tk four lakh crore this time around.
30 May 2017, 18:00 PM
Move to speed up fast-track projects
A fifth of the forthcoming fiscal year's total development budget is earmarked for six fast-track projects to make their progress visible before the next general elections.
30 May 2017, 18:00 PM
Budget for Next Fiscal Year: Bigger subsidy on food likely
The government is getting ready to further increase its fiscal outlay on food dole in the 2017-18 fiscal year.
29 May 2017, 18:00 PM
State banks to get Tk 1,700cr to plug capital shortfall
The government will keep an allocation in next year's budget to meet state banks' capital deficit in continuation of a years-long trend
25 May 2017, 18:00 PM
Reliance to set up 750MW plant in N'ganj
Indian Reliance Group has drawn up a plan to set up a 750 megawatt power plant, to be run on imported liquefied natural gas (LNG),
23 May 2017, 18:00 PM
Private investment flatters to deceive
Private investment continues to remain obstinately stuck in the slow lane, putting a damper on the country's growth
20 May 2017, 18:00 PM
Govt to increase food subsidy
The government plans to increase the food subsidy by around 32 percent to Tk 3,721 crore in the revised budget for the outgoing fiscal year.
17 May 2017, 18:00 PM
Economists slam switch to quarterly inflation data
The government's decision to switch to release quarterly inflation data from its current monthly practice has been met with criticisms from economists, who said the move would not be good for the economy.
17 May 2017, 18:00 PM
Food inflation almost doubles in 12 months
Food inflation almost doubled in the month of March, spurred by rising prices of various essentials including rice, which went on to
16 May 2017, 18:00 PM
Govt plans to use $7.55b foreign aid next year
The government is gunning for record foreign aid utilisation next fiscal year with the view to wooing the electorate ahead of the
14 May 2017, 18:00 PM
Remittance: Govt to take no fee
Bangladeshi migrant workers will be able to send home their hard-earned money free of cost likely from July as the government has made a move to boost the remittance inflow.
13 May 2017, 18:00 PM
Safety net schemes to get a boost
Expenditure under the social safety net programmes, including allowance for the elderly and widows, will be increased substantially in the next fiscal year to give more benefits to the ultra-poor.
10 May 2017, 18:00 PM
VAT rate may be cut to flat 12pc
The government is likely to set a flat 12 percent VAT rate by amending the new VAT law in the face of demands from various quarters, according to finance ministry officials.
10 May 2017, 18:00 PM
$16b plan to up education quality
The government plans to take up a massive $16 billion programme for secondary education to transform the sector by improving the quality of education and developing employability skills of secondary graduates.
9 May 2017, 18:00 PM