Economic growth masks looming employment crisis
Experts point out that while large numbers of young people enter the workforce each year, the economy has struggled to provide adequate employment opportunities
Soybean oil output drops by half due to gas shortage, LC hurdles
Bangladesh’s edible oil industry is operating at half its capacity due to a persistent gas shortage and ongoing LC (Letter of Credit) complications, industry insiders reveal
NBR to announce tax plans a year ahead to facilitate business planning
"Despite adopting an aggressive tax policy, Bangladesh continues to have the lowest tax-to-GDP ratio in South Asia,"
Govt expands sale of essentials at affordable prices during Ramadan
From 23 March, under the budgetary allocation of the Ministry of Fisheries and Livestock, an additional 23 centres will be set up in Dhaka, three in Narayanganj, and 14 across seven divisional offices
Govt delivering utmost to ensure smooth graduation from LDCs: Commerce adviser
"Be rest assured, we're doing as much as possible imbued with patriotism in this regard," he said
UCB to auction Saif Powertec’s assets to recover over Tk500 crore loan
UCB is auctioning these assets under the Money Loan Court Act of 2003 to recover a total of Tk755.24 crore in unpaid loans
Vegetable steady but price of chicken, rice and spice rise as Eid approaches
Sellers expect sales to pick up within five to six days
Economic slowdown deepens as private sector credit growth plummets
Private sector credit growth has slowed to a historic low of 7.15% in January, with analysts warning of prolonged investment stagnation and adverse economic consequences
Next budget to be rationale: Salehuddin Ahmed
“Pragmatic and local need-based projects will be given priority in the ADP for the next fiscal year while the next budget will be more or less rationale,”
Bashir urges traders to utilize opportunities of LDC graduation
"Graduating from the status of least developed country (LDC) is now a necessity for Bangladesh, and as the country relies heavily on a single-sector export, diversification is crucial,"
DCCI calls for uniform single-digit VAT to ease business complexity
Dhaka Chamber of Commerce & Industry (DCCI) has urged the National Board of Revenue (NBR) to introduce a uniform single-digit VAT rate across all sectors
Investors left in the lurch as companies struggle post-funding
Several firms that raised billions from the stock market are now in dire financial straits, failing to pay dividends and sinking into weaker market categories
Govt forms high-level panel to strengthen BSEC, stabilise stock market
The interim government has set up a four-member committee to reinforce the Bangladesh Securities and Exchange Commission (BSEC) and develop the stock market, following recent turmoil within the regulatory body
LDC graduation on track as economy recovers: Finance adviser
Finance Adviser Dr Salehuddin Ahmed has stated that Bangladesh’s economy has successfully recovered from the brink, asserting that despite some challenges, the overall situation remains satisfactory
Govt reduces import duties on fresh fruits by 15% for Ramadan
In a bid to keep fresh fruit prices within reach during Ramadan, the government has reduced the import duty by 15%, slashing supplementary duty from 30% to 25% and waiving the 5% advance tax entirely
Bangladesh Bank unveils new SME financing policy for 5 years
Bangladesh Bank has introduced a new SME financing policy, allowing small entrepreneurs without TIN to access collateral-free loans of up to Tk5 lakh, with a broader aim to expand SME loan distribution to 27% by 2029
Bangladesh's LDC graduation should proceed as planned: Touhid
"Neither the government nor the business community has adequately prepared for the transition, but we must move forward,"
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