Bangladesh National Budget 2018-19

Budget not realistic: analysts

The proposed budget for the next fiscal year is unrealistic, as it lacks significant structural and policy changes, analysts said in their immediate reaction yesterday.
7 June 2018, 18:00 PM

No prescription for 'slow' virus

Fast-track projects, as the title suggests, are supposed to be implemented at breakneck speed because they boost economic activities once they are complete.
7 June 2018, 18:00 PM

Jute mills to be revived by PPP initiatives

The government will bring an end to the vulnerable situation public jute mills are in by running those under the public private partnership (PPP) model.
7 June 2018, 18:00 PM

A little for stock investors

A corporate tax cut for listed banks, insurance companies and financial institutions and announcement of development measures for the bond market are the only achievements of stock investors from the budget announced for FY 2018-19.
7 June 2018, 18:00 PM

Corporate tax to rise for apparel

The proposed rise in corporate tax will hurt the flow of fresh investment into the garment sector as entrepreneurs will feel discouraged to inject fresh funds, said the top leader of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday.
7 June 2018, 18:00 PM

Health sector uncared for

Asad Kazi of Bagerhat was advised dialysis for kidney disease. His wife Hawa told doctors that they wanted medicinal treatment as dialysis would cost them Tk 7,000 a month on average.
7 June 2018, 18:00 PM

Education lacks due attention

As the government had formulated National Education Policy immediately after coming to power in 2009, educationists started advocating for spending at least six percent of the GDP for education.
7 June 2018, 18:00 PM

DIGITAL SERVICES: When popular, made pricier

Customer will have to pay more for products and service bought from one's mobile phone as the government yesterday introduced a 5 percent value-added tax on those from next fiscal year and also raised the surcharge on handset imports.
7 June 2018, 18:00 PM

Lofty goals, fragile base

It looks like another repeat story. We had a big budget that failed to achieve its targets. Now we are pushing for a bigger one with higher targets. But with the ground reality remaining the same, are we to see a story foretold for the next year?
7 June 2018, 18:00 PM

Interest burden getting heavier

Interest payments get the fourth highest allocation, which is also higher than the combined allocation for health, social security and welfare in the proposed budget for 2018-19.
7 June 2018, 18:00 PM

Jobs there, not right skills

Samidul Haque obtained a BBA degree from a private university a year ago.
7 June 2018, 18:00 PM

Muhith gives outline of Universal Pension Scheme

Finance minister AMA Muhith gives an outline of Universal Pension Scheme and hopes that preparatory work for its implementation may start from next year.
7 June 2018, 17:02 PM

Full speech of Bangladesh National Budget 2018-19

Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.
7 June 2018, 14:10 PM

Home loan for public servants, policy effective from 2018-19

Government employees can get loans for the construction of house or purchase of flats anywhere in the country as a policy guideline has already been formulated for providing such loan from the banking system.
7 June 2018, 14:09 PM

To win votes with bluff: BNP’s take on budget

BNP strongly criticises the budget Finance Minister AMA Muhith placed in the parliament, saying it is imaginary and aimed to gain popularity ahead of the election.
7 June 2018, 12:17 PM

Govt sets up 8,000 km fibre optic cable nationwide: Muhith

Citing the government's commitment to ensure a 'Digital Bangladesh', Finance Minister AMA Muhith says that 8,000 km of optical fibre cables have been installed in 1104 union parishads of 114 upazilas in 64 districts.
7 June 2018, 12:03 PM

VAT imposed on ride-sharing services

Government is planning to impose 5 percent value added tax on the ride-sharing services which will make the new kind of transporting system in big cities of the country costlier.
7 June 2018, 11:41 AM

Muhith wants to have Facebook, Google, Youtube under tax net

Finance Minister AMA Muhith proposes introduction of new provisions in the tax laws over the taxation of virtual and digital sectors, such as Facebook, Google, Youtube, on their incomes earned in Bangladesh.
7 June 2018, 11:21 AM

How DSE reacts on budget days

The national financial plan sometimes meets the expectations of stock investors and sometimes does the opposite. Here is a graph that shows how Dhaka Stock Exchange experiences in the budget days.
7 June 2018, 11:00 AM

Cherished dream still remains elusive: Muhith

Finance Minister AMA Muhith says, though the country has achieved remarkable successes under his 10 years' tenure, the cherished dream still remains elusive.
7 June 2018, 10:44 AM