Dhaka May 1, 2025, 10:27 am
The Asian Development Bank said on Thursday developing Asia is on track to meet the lender’s growth expectations for this year and next, even as trade tensions between the United States and China keep casting a shadow over th
Bangladesh needs to be serious to get the fourth pillar for its growing economy giving much importance to financial sector development to successfully make the country one of the top 20 economies of the world, says Asian Deve
Singapore’s exports fell more than expected in June, marking their biggest decline in six years, as the city-state struggles against tepid global demand and the Sino-US trade war.
Country's imports grew by nearly 6.0 per cent in the first 11 months of fiscal year (FY) 2018-19, riding on higher construction material imports, officials said.
Bangladesh received foreign assistance amounting to US$ 6.21 billion in the last fiscal year (FY), 2018-19, which was nearly $150 million lower than that of the previous fiscal, official data showed on Monday.
Malaysia is expected to lift the moratorium on Bangladeshi workers next month, according to the Southeast Asian country's Human Resources Minister M Kulasegaran.
The government has finally decided to take out loan from Asian Development Bank (ADB) to reconstruct and expand the Dhaka-Sylhet highway, sources said.
Importers said they have been bleeding after the slapping of a 5.0 per cent advance tax (AT) on imports, effective from July 01.
Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy has said Bangladesh should further open up its economy for more foreign investments.
Dutch Queen Maxima on Wednesday expressed her country’s interest to help Bangladesh in digitisation of the retail payment system.
Liquidation is the process of bringing a business to an end and distributing its assets to claimants. It usually occurs when a company is insolvent, meaning it cannot meet its payment obligation when due.
The country's export earnings reached an all-time high of US$ 40.53 billion in the just concluded fiscal year (FY), 2018-19, registering a 10.55 per cent growth over that of the previous fiscal, according to official data.
Development activities in the public sector are being hampered due to non-effectiveness of the government's order to merge administration and economic cadres of the Bangladesh Civil Service (BCS), insiders opined on Saturday.
As the government spending is growing, failure in meeting the revenue targets could put Bangladesh into a debt trap, economists warned on Sunday.
A free trade agreement (FTA) among the BIMSTEC countries may be signed this year, a top official of the regional grouping said on Tuesday.
The flow of remittances grew by 9.65 per cent to a record US$16.42 billion in the just-concluded fiscal year (FY) as the exchange rate of local currency weakened against the US dollar.
Bangladesh is projected to lose productivity equivalent to 3.83 million full-time jobs in the year 2030 due to rise in heat stress caused by global warming, according to a latest report.
Nikkei Asian Review in a news article said that the new Value Added Tax (VAT) system in Bangladesh has confused both the consumers and businesses.
The National Board of Revenue (NBR) has exempted Value Added Tax (VAT) and Supplementary Duty (SD) on import of raw materials for producing sanitary napkin and diaper in a bid to make their prices affordable.
The new value added tax (VAT) law has finally taken effect from the first day of the new financial year, 2019-20.
