Business


ADB approves $250m to boost social protection in Bangladesh

Business —11 June, 2024 12:46

The Asian Development Bank (ADB) and the government of Bangladesh today signed a $250 million loan agreement to further strengthen Bangladesh's social protection…

ADB approves $250m to boost social protection in Bangladesh

Govt buying electricity from Nepal

The government has finalised the import of 40 MW of hydropower…

Govt buying electricity from Nepal
Budget lacks vision of pathway to recovery for the economy: Citizens' Platform

The Citizens' Platform on Sustainable Development Goals (SDGs)…

Budget lacks vision of pathway to recovery for the economy: Citizens' Platform

Scammers use fake X accounts to impersonate airlines

Scammers use fake X accounts to impersonate airlines

Holidaymakers are being warned about a rise in scams where fake social media accounts are used to impersonate airlines. Bogus accounts exist for every major UK airline on X, formerly…

Apple expected to enter AI race

Apple expected to enter AI race

Apple's annual World Wide Developers Conference on Monday is expected to herald the company's move into generative artificial intelligence, marking its late arrival to a technological…

Japan keen to invest more in manufacturing sector in Bangladesh

Japan keen to invest more in manufacturing sector in Bangladesh

Japanese Ambassador to Bangladesh Iwama Kiminori has expressed his country's willingness to invest more in the manufacturing sector in Bangladesh. The envoy expressed this interest…

Ali for appropriate policies to overcome LDC graduation challenges

Ali for appropriate policies to overcome LDC graduation challenges

Finance Minister Abul Hassan Mahmood Ali on Sunday said that Bangladesh could overcome all the challenges of the LDC graduation if the right policies and strategies are put in place.…

Dhaka, Seoul keen to revise air service agreement

Dhaka, Seoul keen to revise air service agreement

Bangladesh and South Korea are keen to revise the existing Air Services Agreement (ASA) between the two countries soon, to operate regular direct commercial flights between Dhaka and…

2nd Bangladesh Circular Economy Summit in Dhaka on June 11

2nd Bangladesh Circular Economy Summit in Dhaka on June 11

The second Bangladesh Circular Economy Summit will be held in Dhaka on June 11 in an effort to accelerate the momentum circularity in the apparel and textile industries of the country.…

Over 22.73 lakh livestock surplus in country after fulfill Eid demand

Over 22.73 lakh livestock surplus in country after fulfill Eid demand

Livestock officials and experts claimed that there is no shortage of sacrificial animals for the upcoming Eid-ulAzha which is scheduled to be held in next week as over 1.29 crore animals…

FBCCI raises spectre of 'crowding out'

FBCCI raises spectre of 'crowding out'

The Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) said private sector credit will be affected if the government takes the targeted loan in the proposed budget from…

Post budget reaction: ICAB warns of inflation risk linked to bank borrowing

Post budget reaction: ICAB warns of inflation risk linked to bank borrowing

The Institute of Chartered Accountants of Bangladesh (ICAB) on Saturday welcomed the proposed budget for the fiscal year 2024-25 for changing some rules of income tax. The ICAB said…

21 organisations receive National Productivity Award

21 organisations receive National Productivity Award

A total of 21 organizations today received the "National Productivity and Quality Excellence Award-2022" for their significant contributions to the industrial sector through maintaining…

TOAB demands withdrawal of VAT in tourism sector

TOAB demands withdrawal of VAT in tourism sector

Tour Operators Association of Bangladesh (TOAB), the apex tourism association of the tourism sector, demanded withdrawal of the 15 percent value added tax, imposed on the tourism sector…

Finance Minister at post-budget briefing: 'Wait 6 months for measures to take effect against inflation'

Finance Minister at post-budget briefing: 'Wait 6 months for measures to take effect against inflation'

Finance Minister Abul Hassan Mahmood Ali on Friday said the country must wait for 6 months to bring inflation under control. He said the government is doing everything to control inflation…

CPD sees ‘high ambition’ in budget to tame inflation

CPD sees ‘high ambition’ in budget to tame inflation

The Centre for Policy Dialogue (CPD) has termed the government's target to tame inflation within 6.5 percentage as 'highly ambitious' goal which marked nearly double digit in recent…

American Chamber expresses concern over turnover tax hike

American Chamber expresses concern over turnover tax hike

American Chamber of Commerce in Bangladesh (AmCham) expressed concerns over the 15 percent standard rate for value added tax which will create negative impact on imported goods. In…