Finance Minister AMA Muhith, in the national budget for FY 2017-18, has proposed changes to duties on different essential commodities which may result in increase and decrease in their prices. While placing the budget in Parliament on Thursday, the Finance…
Finance Minister AMA Muhith on Thursday said a single and uniform VAT rate will be applicable for three consecutive years from the next fiscal. “This rate will be 15 percent which will remain unchanged over the next three years,” he…
Finance Minister AMA Muhith on Thursday unveiled a Tk 4,00,226 crore ambitious budget for the next fiscal year (2017-18) with a growth target of 7.4 percent, expecting to open up a new horizon for Bangladesh through some initiatives ahead of…
An allocation of Tk 11.20 billion has been made in the proposed budget for fiscal 2017-18 for Environment and Forest Ministry. The allocation in the proposed budget is Tk 7.30 billion less than the revised budget of fiscal 2016-17, that…
Dhaka – The Cabinet at its special meeting on Thursday approved the proposed budget for the new fiscal year (2017-18). UNB news reported
Amid the business community’s concern about possible imposition of 15 percent flat VAT rate from July 1 next, Finance Minister AMA Muhith is going to place in Parliament on Thursday a possible Tk 400,266 crore national budget for the next…
Dhaka – Amid the business community’s concern about possible imposition of 15 percent flat VAT rate from July 1 next, Finance Minister AMA Muhith is going to place in Parliament on Thursday a possible Tk 400,266 crore national budget for…
By Thalif Deen UN, May 30 (IPS) – Facing significant reductions in US financial contributions from a politically-unpredictable Donald Trump administration, the UN Secretariat is gearing itself for a rash of austerity measures and budgetary cuts, including downsizing peacekeeping operations…
By Tharanga Yakupitiyage UN, May 25 (IPS) – The world will not be on track to eradicate poverty by 2030 if current growth trends continue, a UN task force found.
By Paula Fray Johannesburg, May 29 (IPS) – Amid the worst drought in a century, South Africans are kick-starting a global consultative process to agree on the values of water in a bid to ensure more equitable use of the…
by John Weeks False Dawn: Those of my generation will remember well 1959’s hilarious and biting satire on the British class system, “I’m all right, Jack”, which included several of the country’s most famous and best-loved comedy actors (Ian Carmichael,…
US compliance with its commitments under the Paris Agreement on climate change would be “crippling” to growth, the White House said Friday. During his election campaign, avowed climate sceptic Donald Trump promised to exit the 2015 UN pact on limiting…
Inflow of remittances that witnessed a sluggish trend in recent months is picking up again as expatriates sent home US$807.77 million in the first 19 days of May, which is $115.76 million up from the same period of the previous…
Saudi Arabia will start taxing cigarettes, energy drinks and carbonated drinks from June 10, the Saudi Gazette said on Sunday, quoting the General Authority of Zakat, making it the first country in the Gulf Co-operation Council to fix the implementation…
US at odds with other six members as President Donald Trump refuses to endorse the Paris climate change accord.
The litchi business has been getting momentum creating huge jobs for thousands of male and female labourers now in the harvesting, processing and marketing of the delicious fruit in Rangpur division. According to the Department of Agriculture Extension (DAE) sources…
Leaders of the G7 group of rich nations are to meet with African heads of state later for talks on the migrant crisis. The leaders of Tunisia, Kenya, Ethiopia, Niger and Nigeria will join the second day of the G7…
Dhaka, May 25 – President of Japan International Cooperation Agency (JICA) Dr Shinichi Kitaoka on Thursday said Japan will never stop cooperation with Bangladesh, as the two countries have been enjoying very good relations. “Japan will never stop cooperation with…
State-run Coal India Ltd , saddled with millions of tonnes of unsold coal, is expected to be the biggest beneficiary of a controversial government decision to more than halve the sales tax on the fuel after a jump in local…
Dhaka – BNP on Wednesday questioned the huge investment in power sector as the country is now experiencing ‘serious power cut’ amid scorching heat. “Lakhs of crore of taka has been spent on power generation. But, we now see a…
The Bangladesh government’s plan to introduce a carbon tax has drawn criticism from church activists, environmentalists and the business community. Finance Minister A.M.A. Muhith is considering imposing a carbon tax in the next budget due in June, according to local…
Bangladesh is set to impose its own carbon tax on fuel next month – despite the hugely climate-vulnerable country producing relatively tiny per capita emissions. The tax is expected to be put in place on June 1 as part of…
Asia-Pacific trade ministers have agreed to resuscitate the controversial Trans-Pacific Partnership (TPP) trade deal, despite US President Donald Trump abandoning it.
Prime Minister Sheikh Hasina on Saturday thanked BNP for announcing Vision 2030 shunning the path of destructive politics but criticised it for copying Awami League’s Vision 2021 and 2041. “I thank the BNP chief for announcing the Vision 2030 after…
Asian traders headed into the weekend on a nervous note Friday as a pick-up in US stocks and positive data were offset by worries about a crisis engulfing Donald Trump’s presidency that could throw his economic agenda into doubt. Markets…
By Orlando Milesi Santiago, May 18 (IPS) – Water at high prices, sold as a market good, and small farmers almost a species in extinction, replaced by seasonal workers, are the visible effects of the crisis in rural Chile, 50…
Our latest State of the World report, EarthEd: Rethinking Education on a Changing Planet! We had people tuned in from over 54 countries and 36 states, including watch parties in Thailand, Texas, and the District of Columbia. If you weren’t…
Development activists and volunteers here have stressed on marginalized population access to green banking services for promotion of renewable energies in grassroots level. They advocated for making the existing bank loan conditions towards solar system, biogas plant, vermicomposting and dairy…
Construction of new US homes dipped in April to its slowest pace in five months, a second consecutive decrease, the Commerce Department said Tuesday. Analysts had instead been expecting an uptick in the pace of construction after March, when a…
Dhaka – Bangladesh will procure six new ships from a Chinese company to add those to the fleet of Bangladesh Shipping Corporation (BSC). UNB news agency reported