Dhaka June 17, 2025, 12:43 am
Political influence led to rampant corruption in project implementation, he says
Inflow stays elevated for the third straight month since Hasina's fall
Rizwana says partnership with World Bank essential for Bangladesh's environmental priorities
Power Division had planned to set up 10 solar power plants in the private sector and sought the Finance Ministry’s concurrence for National Board of Revenue (NBR) to reinstate the tax holiday on private investment
Entrepreneurs claim that incorrect policies from various regulatory agencies and sporadic circulars have turned many entrepreneurs into loan defaulters
Although it is possible to bring back the laundered money, the process is very complicated, he says
To achieve the country’s development objectives, the Finance Ministry has called for major reforms to enhance the effectiveness, efficiency, transparency, and fairness of the tax administration system
The power generation is expected to resume by the end of November, according to a source
Companies that begin production between July 1, 2025, and June 30, 2030, will be eligible for the tax exemptions
On 20 October, the NBR reduced import duties to 25% from 62.5% to help regulate the local rice market
It marks a significant drop compared to 6.88% growth recorded in the same period of FY23
BSEC Chairman Khondoker Rashed Maqsood announced this during a press briefing held at the BSEC building in Agargaon on Tuesday
The report reveals a significant decline in the ADP execution compared to the previous two fiscal years, when the ADP implementation stood at 7.50% in FY24 and 8.55% in FY23 during the correspondent period
The bank is blaming increased investment conditions for the fall in income
There is no possibility of lifting suspension on fresh household gas connections
Efforts are already underway, with a task force and a dedicated committee established to manage the process, he says
The central bank is preparing to secure an additional USD 10b in loans
Due to increased production cost, low supply, inefficient market mechanism, high transportation cost and market dominance by wholesalers, limited bargaining power are major reasons behind commodity price hike in Bangladesh
Disaster management and relief adviser Farooq-e-Azam on Wednesday made the announcement while addressing a discussion session
The decision was confirmed during a board meeting held at the ministry on Monday, in the attendance of Finance Adviser Dr Salehuddin Ahmed.
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