Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Binayak Sen, director general of the Bangladesh Institute of Development Studies (BIDS), told Prothom Alo that he thinks it is necessary to reduce duties on essential goods to almost zero for at least a year, and there may also be some advance income tax. He said the government may take a closer look at the […]
These include bridge over Padma river, metro rail in Dhaka, tunnel under Karnaphuli river, expressway, modern international airport in Dhaka, power plants, etc, he said. He said that the legal and financial infrastructure is also being enhanced, and this has strengthened our domestic and regional connectivity. Sheikh Hasina said Bangladesh is currently one of the […]
The proposal on the revised fuel price has been sent to the Prime Minister's Office as Prime Minister Sheikh Hasina is the Minister of Power, Energy and Mineral Resources. As soon as the proposal is approved, a gazette will be issued on the revised price. BPC always makes profits from petrol and octane prices. Seventy-five […]
Typically, the price tariff is set at a price lower than the purchase price, thus, reducing the expense of the BPC. However, if the National Board of Revenue (NBR) wants to impose import duty on procurement prices, BPC’s expenditure on fuel oil will increase. Since the government has not yet finalized the matter, BPC has […]
Analysts say high inequality creates social instability. The workers’ agitation has intensified demanding salary increase. Many analysts believe that high inequality levels hinder economic growth. The global risk report further said that Bangladesh will lag behind in meeting the Sustainable Development Goals (SDGs) due to lack of funds. To meet the SDGs by 2030, Bangladesh […]
This has resulted in pressure on the dollar, which has fallen 3 per cent against a basket of major peers this month. The euro was at $1.0940 EUR=EBS on Monday, not far from the recent four-month high of $1.0965, while the dollar softened to 149.23 yen JPY=EBS. Tighter official corrections for the Chinese yuan also […]
Although there has been no direct impact on supply so far, the IEA said it stood ready to take action if needed to ensure adequate supply. Meanwhile, as 2024 approaches, a higher interest rate environment aimed at curbing inflation in major Western economies and the resulting stronger US dollar is dampening demand in low-income emerging […]
Bangladesh Bank does not maintain reserves. It invests in various sectors. The central bank benefits from these investments. Many times one has to suffer loss due to this. A large part of the reserves are now in dollars. Its amount is about 18.45 billion dollars, which was 31.90 billion dollars in June last year. Apart […]
Argentina’s Rosario Grain Exchange on Wednesday issued an improved forecast for the South American country’s 2023/24 soybean and corn crops. The exchange predicted a soybean crop of 48 million metric tons, up from 20 million tons last season, while the corn crop could be 56 million tons, up from the 34 million tons forecast for […]
