National,Front Page
Introduction of a single-digit lending rate for industrial manufacturers will boost up the country’s economy, economists say. “It is very good news for us. It was a long cherished demand for the businessmen. It will be favourable and welcoming for running business. And it will devel...
Immediate steps are needed to rebound the capital market in order to win the hearts of investors, experts said.They said the stock market witnessed bearish for several months as worried investors continued their selling spree, fearing further fall of shares prices.Market analysts said in absence of ...
Bangladesh is gradually becoming a role model across the globe for its economic development, turning the country into a fertile land for investment, experts said. The people have witnessed massive development through the implementation of various programmes by the government for building an economic...
Bangladesh Bank (BB) has provided almost $300 million support to the commercial banks in an effort to stabilise the foreign exchange market, BB sources said. In light of huge crisis of greenbacks to meet higher import payments, the central bank has been providing very good support to commercial bank...
National,Back Page
The National Board of Revenue (NBR) has collected a record Tk 2613.46 crore income tax revenue during the just concluded weeklong income tax fair which is Tk 144.52 crore more than the last year’s. A total of 6,55,095 taxpayers filed their returns while some 18,63,387 people received various s...
The country’s remittance inflow witnessed a remarkable growth during the first 10 months of 2019 for the government’s several steps including cash incentive for remitters. The remittance inflow stood at almost $15.08 billion during January-October in 2019, according to the Bangladesh Ban...
The country has set an export target of $60 billion in 2021 as the government has taken many steps to achieve this stupendous achievement, Commerce Minister Tipu Munshi said. He said, “We are working together with businesspersons to achieve this target. Hopefully, we can export $60 billion as ...
Cabinet members and parliamentary watchdogs continued issuing strong words of warning against a section of government high ups and project directors who are reluctant to expedite the ongoing development projects. They said most of the projects are going on at snail’s pace as the government hig...
Encouraging youth entrepreneurship could substantially boost economic growth and strengthen business opportunities as well as create jobs, reduce poverty and drive a resilient national economy.Seeing its bright future in encouraging small and medium enterprises, experts say that the government&rsquo...
A pragmatic measure is urgently needed to create an easy and hassle free channel to encourage Bangladesh expatriates living in different foreign countries to send their earnings to relatives, leading economists say. As most Bangladeshis face serious difficulties when they want to send money through ...
Asian development Bank said Bangladesh has a lucrative prospect of earning $100 billion remittance in a year exporting skilled workforces abroad. “In FY 2018-19, Bangladesh received a record $16.4 billion remittances from about 12 million overseas workers. With the same number of people workin...
Prime Minister Sheikh Hasina is expected fly to India tomorrow (Thursday) on a four-day state visit at the invitation of Indian Prime Minister Narendra Modi.Experts and diplomats termed the Prime Minister’s visit as one of the most crucial one. They said, Bangladesh and India enjoy friendly ti...
Dollar rate is very high in the curb market beyond thought as the rumor goes Tk 500 and Tk 1,000 notes may be banned, market analysts said. Apart from this, following the ongoing drive against illegal casino, tender manipulators and drug peddlers, most people involved in such illegal activities, hav...
After the losing streak for four weeks at a stretch, the country’s capital market finally rebounded in the last week. The general investors again relied market-supportive measures undertaken by the government. Market analysts said stocks witnessed gaining streak as hopeful investors rebuilt co...
The country’s plastic sector now appears an export booster, trying to occupy the lion’s share of the global market worth $1 trillion and to supplement export earnings, thereby empowering Bangladesh economically. Experts opined this sector is contributing significantly through raking up t...
In the wake of continuous falling, the government is going take effective measures to revive the capital market in order to build up confidence among the investors. In this regard, the Finance Minister AHM Mustafa Kamal will hold a meeting with stakeholders of the market at Bangladesh Securities and...
The country's leather sector has witnessed an exhilarating come back as leather goods exports have rebounded last month (July) this year, breaking its falling trend of more than two years. Experts have underpinned the need for seizing the opportunities of rising demand for leather products in di...
Demand for Bangladeshi products in the global market has increased significantly as more countries have continued showing growing interests for importing ‘Made-in-Bangladesh’ items.For exploring the potentials, the Bangladesh government has set a target of $45.50 billion earnings from ex...
Business
High remittance growth and boost in export earnings backed by the government’s time-befitting initiatives have helped stabilise the market, bankers said. Taka has remained stable against US dollar as Bangladesh Bank sold US dollar directly to the commercial banks to meet higher import pay...
Bangladesh Bank (BB) will finalize the policy to give incentives on remittance. The policy was supposed to be in place by 1 July 2019. Once the incentive policy is finalized, experts opine that foreign currency earners will feel encouraged to send more money home. This is mentionable that in a bid t...
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