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The Financial Express

/ Economy / Bangladesh

Banks can form start-up fund with 1.0pc of net profits

The central bank has amended its policy allowing all banks to form their own start-up fund with 1.0 per cent of net profits instead of operating ones earlier, officials said. To provide start-up entrepreneurs with loans, all the scheduled banks...

Prospect of hitting boro rice purchase target remains clouded

The government's target to procure 1.8-million tonnes of Boro rice...

Yields on treasury bills drop

The yield on treasury bills (T-bills) dropped further on Sunday...

12m families to get Tk 5.74b from government

A total of over 12 million families would be benefited...

Nikkei Asia praises Bangladesh's growth, govt efforts during pandemic

Nikkei Asia, in its recent article, praised Bangladesh's growth describing...

Pandemic hits hard Bangladesh's aquaculture sector: Study

Despite having potentials, the aquaculture sector in Bangladesh has been...

VAT net expansion likely in next budget

The National Board of Revenue (NBR) intends to expand the...

LIBOR phaseout may lead to interest-rate volatility

The interest rate of the country's many foreign borrowings is...

High ambition, low capacity responsible for widening revenue shortfall

The tax revenue target and the capacity of the National...

Covid time needs innovative budget: Enamul Haque

Revenue collection should not be the main goal of the...

Chinese shoemaker brings jobs, better life to villagers in Gazipur

Thousands of households in the Gazipur district, on the outskirts...

‘Regional cooperation can bolster South Asia’s capabilities to fight pandemic’

Analysts have identified the prevailing coronavirus pandemic as a turning...

NBR faces uphill battle in achieving VAT collection target

With just over 41 per cent VAT collection target met...

Bangladesh sees 25m new poor, debt burden doubles during pandemic: Survey

The army of the ‘new poor’, struggling to return to...

Sectors that contribute most shouldn't be targetted: Zahid Hussain

Firefighting and recovery efforts on both health and economic fronts...

Cigarette, mobile, pharma sectors pay higher value added tax

Three sectors - cigarette, pharmaceuticals and mobile phone - made...

Structural reforms unlikely, says Kamal blaming pandemic resurgence

Finance Minister AHM Mustafa Kamal on Sunday said the budget...

e-fund transfer system resumes at Bangladesh Bank after five days

Inter-bank cheque settlement and electronic fund transfer system of Bangladesh...

Bangladesh sees 17m 'new poor', loses 3pc jobs during pandemic

The Covid-19 pandemic has rendered about 3.0 per cent of...

Experts for more growth-friendly, transparent tax system

The National Board of Revenue (NBR) should reduce tax deduction...

Business leaders emphasise tax reform for attracting FDI, expanding exports for recovery

A panel of business leaders and experts on Saturday suggested...

Youth unemployment, growth of informal sector may hinder SDG 8 achievement, experts say

Country’s youth unemployment, rising employment in the informal sector and...

Livelihoods, recovery to be in focus in next budget

The national budget for the fiscal year 2021-22 will focus...

Bangladesh's 2020 debt rises to almost 40pc of GDP

The government debt of Bangladesh surged to a new high...

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