Unnayan Onneshan, an independent multidisciplinary think-tank, projected that the real rate of growth in GDP in the current fiscal year may decline to 5.65 percent. The research organization in its current issue of the Bangladesh Economic Update on Monetary Policy…
Category: Economy
Taka one crore agriculture loan distributed in Rangpur
Deputy Governor of Bangladesh Bank (BB) SK Sur Chowdhury distributed cheques of about Taka one crore as agriculture loan among 109 male and female framers of Uttam area at a farmers’ rally here on Friday.
Govt eyes import-substitute products: Amu
Industries Minister Amir Hossain Amu on Friday said the government would work to achieve self-sufficiency in producing import substitute products through expanding industrialisation at the grassroots level. “Achieving self-sufficiency in producing import-substitute products is one of the major goals of…
Govt to outline its objectives for next 5 yrs in budget: Muhith
Finance Minister AMA Muhith on Wednesday said that the government would give an outline of its objectives for the next five years in the coming national budget for fiscal 2014-15. Decentralization of power and devolution of government would be the…
Tk 432cr project to train 10 lakh farmers
Dhaka – In a bid to boost agricultural production and increase income of the countries rural farmers, an initiative has been taken to impart training to around 10 lakh male and female farmers on integrated farm management to create employment…
Tofail assures MCCI of resolving problems
Commerce Minister Tofail Ahmed on Thursday said his ministry would work in a coordinated way with the relevant ministries to help resolve the problems facing by the country’s business community.
RAKUB disburses Tk 42.63 cr agriculture loan in Joypurhat
Rajshahi Krishi Unnayan Bank (RAKUB) Joypurhat region has distributed over Taka 42.63 crore as agricultural loans among 5,978 farmers of the district during the first six months of the current fiscal through its 15 branches.
Padma, Rooppur nuke, Ramphal power projects among priorities
Dhaka – The government on Wednesday identified six projects as the fast track ones and directed the authorities concerned to implement those on priority basis. The projects were identified at the first meeting of the reconstituted Fast Tract Project Monitoring…
Land revenue collection in Barisal rises in 2013
Collection of land revenue in the district has increased by Tk 9 crore to Tk 78.90 crore in 2013 compared to the previous year. Sources at the Barisal district Land Revenue and Land Registration offices said Tk 69.5 crore revenue…
BKB disburses Tk 29,31 cr agri loan in Narsingdi
Bangladesh Krishi Bank (BKB) Narsingdi region has distributed over Tk 29,31 crore as agricultural loan among 3,414 farmers of the district during the first six months of the current fiscal 2013-14 through its 21 branches.
20,000 char families change fortune through farming pumpkin
Over 20,000 extremely poor families, mostly landless and erosion victims, living in remote sandy-barren charlands on the Brahmaputra basin have changed their fates through farming pumpkin in recent years.
Food inflation rises to 9 percent in December
Food inflation rose to 9 percent in December, with the Bangladesh Bureau of Statistics blaming it on the current political turmoil. Non-food inflation however edged down in December compared to the previous month. The overall inflation in December rose to…
Hasina Bangladesh’s biggest economist, says Abul Barakat
Dhaka – Dr Abul Barakat who coined some economic activities as fundamentalist economy of Bangladesh on Thursday apologised to the residents of Gopalganj on ‘behalf of the opposition leader’ for her recent indiscreet remarks against their district. Barakat, also the…
Unnayan Onneshan projects lower GDP growth of 6 pc
Unnayan Onneshan, an independent multidisciplinary think-tank, projected that the real rate of growth in GDP in the current fiscal year may decline to 5.65 percent against the government’s target of 7.2 percent. The research organisation’s half-yearly assessment of the economy,…
Tree felling costs country Tk 100bn: Poba
The country has suffered a loss of over Tk 100 billion due to the ongoing rampant felling of trees by political activists during blockade, shutdown and other agitation programmes, claimed green activists here on Thursday.
Pol unrest to take its toll ‘on ADP implementation’
Although implementation of the Annual Development Programme (ADP) got a major boost in the last fiscal year (2012-13) hitting 96 percent, its progress in the current fiscal year (2013-14) is likely to suffer a setback due to the ongoing political…
Goat rearing and small business cut urban poverty: Discussants
Goat rearing and other small businesses is very effective for eradicating urban poverty alongside making the slum communities free from malnutrition, discussants at a bank-cheque distribution ceremony said Wednesday afternoon.
Lemon cultivation becomes profitable bringing fortune to many
Lemon cultivation in the orchards and homesteads has already become profitable bringing fortune to hundreds of farmers, commoners and distressed women in recent years in the northern districts.
Tk 2.50 lakh distributed among FF in Narayanganj
Taka 2.50 lakh were distributed among 50 wounded FF and insolvent family members of the martyred freedom fighters at a reception ceremony here on the occasion of the Victory Day on Tuesday.
TICI to get $5m Korean grant
The Korean development arm KOICA will provide $ 5 million grant for overhauling the apex training institute of Bangladesh’s chemical industries. KOICA Resident Representative Kim Bok-Hee and Economic Relations Division Joint Secretary Mohammed Asif-uz-Zaman and Joint Chief of the Ministry…
Blockade, hartals affect Narsingdi farmers
Hundreds of vegetable growers of Narsingdi district are facing difficulties as they are not getting fair price of their produce in the local markets.
Farmers show interest to vegetable farming for more profitable
Farmers of the region including the vast Barind tract are showing much interest in vegetable farming, as it is being more profitable than any other crops.
Tax return submission deadline extended by another month
The National Board of Revenue (NBR) on Saturday extended the deadline for submitting income tax return by another month up to December 31.
Extend income tax return deadline till Dec 31: FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Thursday urged the government to extend the deadline for submission of income tax returns by another one month till December 31.
17-member Pay and Services Commission formed
A 17-member Pay and Services Commission, headed by former governor of Bangladesh Bank Dr Mohammed Farashuddin, was formed to assess public servants’ salaries.
Tk 21cr migration loan extended for jobs abroad: Muhith
The Expatriate Welfare Bank has so far provided around Tk 21 crore as ‘migration loan’ to the persons who are willing to go abroad, Finance Minister AMA Muhith told Parliament on Wednesday.
Aman in Sherpur gives an upbeat message
Fair prices cheer growers as harvesting on Farmers in Sherpur are taking delight at the good yield as well as reasonable market prices of Aman paddy Finance as harvesting of the crop is now on in full swing everywhere in…
Farmers’ food security project to be launched Wednesday
PROOFS, an innovative project for farmers’ food security, will be launched at Lakeshore Hotel in the capital on Wednesday. Two private business firms — Metal Seed and Ispahani will sign a Memorandum of Understanding at the launching ceremony to implement…
30,000 families become self-reliant thru’ vegetables cultivation
Over 30,000 poor families of 250 villages including vast char areas under five districts in Rangpur division have achieved self-reliance through vegetables cultivation during the past five years.
Business leaders meeting PM on Today
Bangladesh’s top businesspeople will meet the Prime Minister on Thursday, four days after they saw the Leader of the Opposition to push for a political consensus over polls-time government.