This change in Awami League politics, where the interests of businessmen are given priority and importance, did not happen overnight. The process has been accelerated by its 15 years in power. This change gradually reached its peak and became visible when the value of people's votes decreased. With poll-less elections and votes cast the night […]
He described the budget as realistic and implementable, but stressed the need for good governance and proper monitoring to overcome the challenges. Further, he emphasized on clear direction and planning in the budget to enhance efficiency, transparency, accountability and overall monitoring standards. The IBFB expressed concern about the inflation target set in the proposed budget. […]
Sergio Leone's 'The Good, The Bad, The Ugly' is perhaps the favourite film of budget analysts. This film is always used to analyse the good, bad and ugly aspects of the budget. Here an economist and three businessmen highlight the good, bad and ugly sides of the budget.
Prothom Hello , A business-friendly environment is the key to attracting FDI. When Washington talks about a business-friendly environment, apart from regulatory issues, the issue of corruption is also a major concern. The US-Bangladesh Council promotes competitive and transparent business in Bangladesh. So did you raise the issue of creating a more business-friendly environment during […]
Countries that have made voluntary cuts that exceed those agreed with the broader group are Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, Saudi Arabia and the United Arab Emirates. The group will have a series of online and in-person meetings on Sunday, starting with an OPEC ministers-only meeting at around 0930 GMT. OPEC+ sources said several […]
Expressing his gratitude, the newly elected President said, “I am grateful to assume the role of BPCCI President and look forward to working together with my colleagues to strengthen business ties between Bangladesh and the Philippines. With joint efforts and dedication, we can move towards our shared vision of fostering innovation and accelerating economic growth.” […]
Apart from this, businessmen will have to spend 16 percent extra on trade license, 114 percent on fire license and 12 percent extra on export and import registration license. The research also revealed that renewing the trade license of any business under Dhaka City Corporation requires an additional expenditure of Rs 5,000 to Rs 9,000 […]
The report said Tk 38,656,100,000 (Tk 3 thousand 865 crore 61 lakh) in surcharge and other duties (VAT and taxes) outstanding to the Civil Aviation Authority of Bangladesh for 2022-23 was not shown as Biman's liability. . The huge amount of outstanding loans is not shown as a liability in the financial statements. Since the […]
US Assistant Secretary of State for South and Central Asian Affairs Donald Trump is scheduled to arrive in Dhaka on Tuesday on a three-day visit. He will discuss trade and investment, security, climate change, citizens' rights and other priority issues with government officials and other non-government stakeholders. Diplomatic sources said Donald Lu is scheduled to […]
Food inflation increased to 10.22 percent in April from 9.87 percent in March. Last November, food inflation was 10.76 percent. This picture of inflation has emerged in the updated report of Bangladesh Bureau of Statistics (BBS) published on Monday. However, non-food inflation eased slightly to 9.34 per cent in April from 9.64 per cent in […]
The discussion on the US rate outlook comes as expectations rise that the European Central Bank and the Bank of England are planning summer cuts. London, Paris, Frankfurt and Amsterdam all hit new highs, with stocks also benefiting from strong first-quarter earnings. However, Asian markets were mixed in the early going, with Shanghai, Sydney, Seoul, […]
In a virtual speech, Ali Riaz, distinguished professor of politics and government at Illinois State University, said the country held elections in three phases while institutions gradually eroded. Professor Rashed Al Mahmood Titumir of Dhaka University's Department of Development Studies observed that a club of businessmen was sharing public assets among themselves. Former Cabinet Secretary […]
A bilateral meeting was held on Friday between Foreign Minister Dr. Hassan Mahmoud and Foreign Minister of The Gambia, Dr. Mamadou Tangara, on the sidelines of the OIC 15th Pre-Summit Preparatory Foreign Ministers' Meeting held in Banjul, Gambia. The Foreign Minister of Gambia expressed his deep appreciation to the Prime Minister of Bangladesh Sheikh Hasina […]
Opposition to separating TV from OTT platform has intensified
Construction of a waste-to-energy plant project in northern Dhaka, a surface water treatment plant in Rajshahi and a China-aided burn unit of Chittagong Medical College Hospital will start this year. More direct flights from Dhaka to Beijing will start soon, Yao said. Last week, he said, the Center for China Studies of Dhaka University was […]