National,Back Page
Sales of frozen food items or ready-to-eat meals are on rise as a section of urbanites, particularly in Dhaka, have opted to stock up such products to avoid going outside amid Covid-19 pandemic that has been sweeping the country.As the pandemic has been forcing people across the globe to adjust to a...
National,Front Page
Country's road and transport sector is coming under the digital security system (DSS) for ensuring smooth highway connectivity and online payment system.From now on, Digital Security Agency (DSA) will supervise activities of Road Transport and Highways Division (RTHD), toll plazas and data...
Country's startup entrepreneurs will have easy access to loans for starting their businesses as Bangladesh Bank have asked all the scheduled banks to form their own start-up fund with 1.0 per cent of their net profits."To provide start-up entrepreneurs with loans, all the scheduled banks ha...
The National Board of Revenue (NBR) has planned to make submission of the receipt of income tax return deposit mandatory for participation in any tender and renewal of fitness certificate of vehicles and trade licence to plug tax evasion. Sources said the NBR recently sent letter to the ...
Country's export basket is getting a significant boost as the shipment of agricultural products has made a massive headway with 9.1 percent jump in July-April period of the current fiscal year (FY21).Local agricultural product exporters made a shipment of goods worth US$824.59 million during Jul...
The government has selected a total of 17 products in an effort to promote in the post-Covid-19 period and to boost their exports after Bangladesh graduates from the least developed country (LDC) to middle income one.The 17 products are selected from a list of items, given by the Bangladeshi commerc...
The government in cooperation with Asian Development Bank (ADB) has started making a short-and-medium-term roadmap for fiscal year 2021-2022 (FY22) to further accelerate implementation of ADB-assisted projects in the country.Bangladesh needs to focus on beefing up implementation of projects for fast...
Knitwear exports maintained a steady growth year-on-year as the RMG products fetched a record US$3134.38 million in April taking the overall export volume in term of value to a positive trajectory.Overall exports during July-April period of the current fiscal year 2020-21 (FY21) registered a 8.74 pe...
People are feeling comfortable in FinTech based-banking services instead of visiting bank branches as both infection and death rates are on the rise amid the second wave of Covid-19 in the country.The amount of online banking transactions in term of volume exceeded Tk 8,000 crore in February this ye...
Exports of jute and jute goods have maintained an upward trend amid the ongoing pandemic with earnings from the sector soaring 23 per cent year-on-year to $953 million in the July-March period of the current fiscal (FY21).In case of jute yarn and twine, the country fetched 35 percent higher earnings...
Cinema hall owners will soon get soft loan from the newly-formed Tk 1,000 crore refinancing fund of Bangladesh Bank for renovation and modernisation of cinema halls across the country to attract audiences.Bangladesh Bank (BB) is likely to start disbursing loans soon from the newly formed Tk 1,000 cr...
Collection of Value Added Tax (VAT) witnessed a 15 per cent growth in the month of March alone compared to that of the corresponding month last year though overall revenue collection posted a negative growth in the current fiscal year 2020-21 (FY21).In the first three quarters of FY21, VAT collectio...
Over 54 percent work of the much-expected Chattogram-Cox's Bazar railway line has already been completed as the railway ministry is expecting to wrap up the mega 120km dual-gauge passenger line by December, 2022."Construction work of the railway line is progressing fast maintaining all heal...
The government has planned a series of measures, including timely supply of farm inputs and low-cost loan support to farmers for boosting farm production.These measures aim at ensuring food security as its topmost priority amid the Covid-19 that has hit the life and livelihood hard. Agricultur...
Country's steel export, mainly semi-finished casting products, is on the rise despite Covid-19 pandemic as the export soared 74.31 percent year-on-year during the July-March period of the current fiscal 2020-21 (FY21).The sector earned US$83.57 million during the July-March period of FY21, up by...
The government has taken steps to increase coverage of electronic government procurement (e-GP) with new features to respond to the Covid-19 challenges to check irregularities in public purchase.The World Bank (WB) is providing the government with a total of US$95 million to streamline the eGP throu...
As boosting foreign investment is on the priority agenda of the government, economists and trade bodies have suggested lowering corporate tax rate, promotional expenses and technical fees in the coming budget for fiscal 2021-22 (FY22), to attract foreign investments into the country. &...
The Bengali nation today welcomes the Pahela Baishakh, the first day of Bengali New Year 1428 amid second wave of Covid-19 infections that are sweeping across the country. The welcoming, however, will not be held in the traditional rituals in which thousands of triumphant people in colorful nat...
The government has prepared a master plan to raise the productivity rate to 5.6 percent from the existing 3.8 percent by the year 2030 to face a competitive global market.The effort would also bolster the country's final graduation as a developing one from the LDC status.Sources said the Ministr...
Bankers and clients are facing a greater risk of being infected with deadly Covid-19 for the curtailment of operating hours and workforce that has led to unprecedented crowds at bank branches.Branches are operating from 10am to 12.30pm on working days from April 5 instead of usual 10am-4pm operation...
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