Dhaka, June 20 (UNB)— Croatia has expressed its interest in recruiting quality human resources from Bangladesh in the near future. Croatia’s Assistant Minister of the Ministry of Labour and Pension System Drazen Opalic said that his country will soon forward…
Dhaka, June 19 – UN Secretary-General Antonio Guterres has laid emphasis on investment in the countries which are hosting refugees despite struggle with their own economic challenges and security concerns. “I want to recognise the humanity of countries that host…
Chinese President pledges to use the upcoming summit with Kim Jong Un to strengthen Sino-DPRK ties Dagyum Ji June 19th, 2019 – Chinese President Xi Jinping has said he is open to developing a “grand plan” with North Korea to…
Dhaka, June 19 – The leaders of the Feed Industries Association Bangladesh (FIAB) and Breeders Association of Bangladesh (BAB) have urged the government to exempt the poultry industry a 5 per cent Advance Tax (AT) and 5 per cent Advance…
Dhaka, Jun 18 (UNB) – The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved 11 projects involving an overall outlay of Tk 8,053 crore. The approval came from the Ecnec meeting held at NEC conference room here…
Dhaka, June 18 (UNB)- Stating that the newly placed National Budget for FY 2019-20 is going against the vision of digital Bangladesh, The Association of Mobile Telecommunication Operators of Bangladesh (AMTOB) urged the government reconsider it in the telecom sector.…
Geneva, 13 Jun (Kanaga Raja) – Global foreign direct investment (FDI) flows fell by 13 percent in 2018 to $1.3 trillion, the third consecutive year of a decline in FDI, the United Nations Conference on Trade and Development (UNCTAD) has…
Khagrachhari, June 16 (UNB)- Indian High Commissioner to Bangladesh Riva Ganguly Das visited the under-construction Bangladesh-India Moitree Bridge-1 and Ramgarh land port here on Sunday. While visiting the sites Riva Ganguli said, “Moitree Bridge and land port will increase scopes…
Dhaka, June 15 – Gonoforum on Saturday turned down the national budget for 2019-20 saying it has been formulated to protect the interest of a handful of businesspeople and politicians ignoring people. “This is not a budget for people. We…
Dhaka, Jun 15 – BNP senior leader Amir Khosru Mahmud Chowdhury on Saturday said Bangladeshi youths are opting to take risky voyage to go abroad for lack of jobs in the country. “Having failed to endure the pain of unemployment…
Dhaka, June 15 — The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has lauded the proposed national budget for the 2019-20 fiscal year as a “business-friendly” one. “We thank Prime Minister Sheikh Hasina and Finance Minister Mustafa Kamal…
By Thalif Deen UN, Jun 14, 2019 (IPS) – UN Deputy Secretary-General Amina Mohammed told a Chatham House meeting in London last week that the UN’s Millennium Development Goals (MDGs), one of the legacies of the late Secretary-General Kofi Annan,…
Dhaka, Jun 14 (UNB) – The Transparency International Bangladesh (TIB) criticised the proposed budget for keeping windows to whiten black money, calling it “unconstitutional”. “Buying flats, land procurement and investing in economic zones and high-tech parks with black money is…
Dhaka, June 14 – The leaders of Awami League-led 14-party alliance have given mixed reaction over the proposed budget for 2019-20 fiscal year. Some alliance leaders said the proposed budget will not fulfill the expectation of the mass people of…
Dhaka, June 14 – The main opposition BNP has termed the proposed national budget for fiscal 2019-20 highly ambitious and claimed the people would reject it. “The people would not accept the budget as it would create pressure on them…
Dhaka, June 14 – The proposed national budget has not reflected the pledges of the ruling party Awami League’s election manifesto as it would go in favour of the people who are beneficiary of economic misrule instead of the larger…
Dhaka, June 14 – Terming the budget “pro-people” Prime Minister Sheikh Hasina yesterday said the Tk 5,23,190 crore outlay for FY2019-20 is pretty self-explanatory and there is no scope of confusion. “We prepared the budget for our common people, not…
Dhaka, June 14 (UNB) – Taking a swipe at the critics of the newly unveiled national budget, Prime Minister Sheikh Hasina on Thursday said there are some people who find fault in everything as this is a kind of mental sickness.…
Dhaka, June 14 (UNB) – Foreign Investors’ Chamber of Commerce and Industry’s (FICCI) on Friday said the GDP growth target of 8.2 percent is achievable provided that GDP-investment ratio increase to the expected level of 32 percent. In a post-budget…
Dhaka, Jun 14 (UNB) – Unnayan Onneshan (UO), an independent multidisciplinary think-tank, says that the proposed budget for the fiscal year 2019-20 lacks the measures which are necessary to address macroeconomic imbalances in the country. “Widespread imbalances in revenue, financial…
Dhaka, June 13 (UNB) – Noted economists have said implementation of the new budget will be the main challenge for the government as ‘administrative inefficiency and legal complexity’ may appear to be a major obstacle to it. They said the…
Dhaka, June 13 – BNP senior leader Amir Khosru Mahmud Chowdhury on Thursday said the proposed national budget for the fiscal year 2019-20 will facilitate only a section of people instead of fulfilling the hopes and aspirations of the country’s…
Income Tax, Value Added Tax and Import-Export Duty NBR officials work relentlessly to achieve the revenue target set by the government every year. NBR tax revenue is basically collected from Income Tax, Value Added Tax (VAT) and Import & Export…
Dhaka, June 13 – The government is going to bring nearly a quarter of the families in the country under the social safety net programmes in the next financial year. The government has planned to allocate Tk. 74,367 crore in…
Dhaka, June 13 – A total of Tk 100 crore has been allocated in the proposed budget for 2019-20 fiscal years to facilitate rehabilitation of the people affected by river erosion. Besides, steps have been taken for managing water resource,…
Dhaka, Jun 13 (UNB) – Finance Minister AHM Mustafa Kamal on Thursday said real-time information is available now on the sale, profit and encashment of national savings schemes from the ‘National Savings Scheme Online Management System’. The system was introduced…
Dhaka, Jun 13 (UNB) – The work on establishing an exclusive tourist zone for foreign tourists is underway at Sabrang in Cox’s Bazar. Finance Minister AHM Mustafa Kamal disclosed this while placing the national budget in parliament for fiscal 2019-20…
Dhaka, June 13 – Finance Minister AHM Mustafa Kamal today placed a Taka 5,23,190 crore national budget for FY20 in parliament to ‘make a big stride’ to materialize the Vision 2021 and implement the agenda for 2030. “We are committed…
Dhaka, June 13 – Following are the highlights of the proposed budget for fiscal year 2019-20 • Tk 5.2tr budget with 8.2% growth target• Generate fresh employment for 3cr people by 2030• Increase taxpayers number to 1.0cr from 21-22 lakh•…
In addition to imported smartphones, prices of ice-cream, cigarette, edible oil and different food products are likely to go up as the government has proposed rise in taxes or duties on these. Imported gold, locally made bread, biscuit and agricultural…