Timely, accurate fiscal data crucial for policymaking

The delayed release and inaccuracy of fiscal data in Bangladesh ultimately hurts the public as it prevents the government from providing adequate support, according to the Centre for Policy Dialogue (CPD).
24 February 2022, 18:00 PM

Fast-track projects lag in making info public

Only three out of eight fast-track projects in Bangladesh have dedicated websites for public information and those too contain no updated information on their progress.
24 February 2022, 18:00 PM

Praava Health running EPI vaccination

Praava Health is running the government’s expanded programme on immunisation (EPI) at its family healthcare centre in the capital’s Banani every Saturday from 9:00am to 3:00pm.
23 February 2022, 18:00 PM

Steel makers seek 5 more years to repay loans

Steel makers in Bangladesh have urged the government to provide them an additional five years to help them repay their existing long-term loans through equated monthly installments.
23 February 2022, 18:00 PM

RJSC allowed access to DVS

The  Registrar of Joint Stock Companies and Firms (RJSC) can now use the  Document Verification System (DVS) to confirm the authenticity of  audited financial statements of registered businesses.
23 February 2022, 18:00 PM

Textile millers demand duty, VAT cut for man-made fibre

Textile millers yesterday demanded the withdrawal of tax on the import of man-made fibre and reduction of VAT on the sales of the item in the local markets as the consumption of the artificial raw material is rising globally.
23 February 2022, 18:00 PM

Cut taxes on essentials to give respite to people

Amid higher inflation, the Centre for Policy Dialogue (CPD) yesterday called for cutting duties and taxes, both at import and domestic levels, for key essential commodities to provide respite to low and limited income families.
23 February 2022, 18:00 PM

Land ready to develop Japanese economic zone: Kamal

A total of 1,000 acres of land in Araihazar upazila of Narayanganj has been prepared for a special economic zone (SEZ) dedicated to Japanese investors, according to Finance Minister AHM Mustafa Kamal.
23 February 2022, 18:00 PM

Bancassurance set to give much-needed fillip to insurance sector

The government has taken an initiative to roll out bancassurance for the first time in the country with a view to bringing ordinary citizens under insurance coverage through banks.
23 February 2022, 18:00 PM

Dettol, Harpic enabling hygiene at book fair

Visitors’ hands are being sanitised at entrances while toilets kept clean at Amar Ekushey Book Fair-2022 by its official hygiene partners Dettol and Harpic, brands of Reckitt Benckiser Bangladesh.
23 February 2022, 18:00 PM

Bangladesh’s developing economy makes it attractive to Chinese investors: Ambassador Li

Chinese Ambassador to Bangladesh Li Jiming has said the rapidly developing economy of Bangladesh is an attractive investment destination for Chinese investors.
23 February 2022, 12:48 PM

Pension for all over 60 within one year: Finance Minister

A universal pension scheme for citizens of Bangladesh will be launched in six months-one year, Finance Minister AHM Mustafa Kamal said today.
23 February 2022, 08:27 AM

FBCCI, VCPEAB to develop startup ecosystem

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) will work together to develop startups, and attract local and foreign venture capital investment.
22 February 2022, 18:00 PM

BSCIC firms lament absence of direct road connectivity

Annually churning out some Tk 65 crore worth of products, businesses at the industrial estate of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Pirojpur are incurring extra expenses for the lack of direct road connectivity.
22 February 2022, 18:00 PM

Sri Lanka inflation hits record high

Sri Lanka’s inflation hit a record high for the fourth consecutive month, official data showed Tuesday as an economic crisis driven by a crippling foreign exchange shortage worsens.
22 February 2022, 18:00 PM

BD-Kuwait JV to set up lube oil blending plant

The Bangladesh Export Processing Zones Authority (Bepza) yesterday signed a land lease agreement with a Kuwait-Bangladeshi joint venture that will set up a lubricating oil blending plant in its economic zone.
22 February 2022, 18:00 PM

Time to raise awareness about benefits of Bondhu Chula

In a recent report, The Daily Star presented the success story of several small-scale entrepreneurs producing and marketing improved cook stoves (ICS), commonly known as Bondhu Chula (Friend Stove).
22 February 2022, 18:00 PM

PM for finding ways to phase out subsidies

Prime Minister Sheikh Hasina yesterday strictly directed the ministries to find ways to gradually get rid of the huge amount of subsidies that have to be spent for various sectors.
22 February 2022, 18:00 PM

ACC seeks account details of Agrani MD, spouse

The Anti-Corruption Commission (ACC) has asked banks to submit by today information pertaining to accounts of Agrani Bank Managing Director Mohammad Shams-Ul Islam and his spouse Nasrin Hasan Chowdhury.
22 February 2022, 18:00 PM

PM for gradually moving away from subsidy: Planning Minister

Prime Minister Sheikh Hasina has advised to gradually move away from subsidy, Planning Minister MA Mannan said today after emerging from the weekly meeting of Executive Committee of the National Economic Council (Ecnec).
22 February 2022, 07:45 AM