2.7% more investment in energy div

Power and energy division occupies about 5.3 per cent of the biggest ever budget placed at the parliament.
7 June 2018, 07:38 AM

20% of total budget for children by 2020: Muhith

Finance Minister AMA Muhith sets a goal to allocate 20 percent of total budget for children by 2020 as part of mainstreaming children development in the national planning and budgeting.
7 June 2018, 07:27 AM

Cosmetics, toiletries to get costlier

Fresh duty schemes have been drawn up on cosmetics and toiletries items, which is expected to push the prices of such items higher.
7 June 2018, 07:17 AM

Govt sets 7.8% GDP growth target, inflation drops to 5.6pc

The government has set a target of 7.8 per cent GDP growth for the next fiscal year.
7 June 2018, 07:14 AM

VAT on e-commerce, online shopping to get pricier

This is a repeated attempt of Finance Minister AMA Muhith to impose VAT on e-commerce business on the platform’s rising popularity for its convenience.
7 June 2018, 07:12 AM

Allocation for telecom, ICT declined 6.64 per cent

Allocation for the telecom and ICT ministry declines about 6.64 per cent to 6,064 crore in the proposed budget of 2018-19 fiscal which is placed by Finance Minister MA Muhith at the Jatiya Sangsad.
7 June 2018, 07:09 AM

Govt opts to go green, slaps duty on polythene

Finance Minister AMA Muhith has opted to go green and discourage people from using polythene products and poly-packaging.
7 June 2018, 07:06 AM

Small and old apartments to be costlier

Bad news for the middle-income group as the government is opted to impose higher VAT rates for smaller apartments at a time when sales have picked up.
7 June 2018, 07:06 AM

Muhith unveils Tk 4,64,573cr budget for FY19 setting 7.8pc growth target

​Finance Minister Abul Maal Abdul Muhith rolls out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.
7 June 2018, 06:58 AM

Muhith’s post-budget press conference tomorrow

Finance Minister Abul Maal Abdul Muhith will address a post budget press briefing tomorrow, according to a finance ministry press release.
7 June 2018, 06:43 AM

One Bank re-elects top brass

One Bank has recently witnessed the reelection of its chairman, Sayeed H Chowdhury, vice president, Asoke Das Gupta, and chairman of its executive committee, Zahur Ullah.
4 June 2018, 18:00 PM

Prime Bank re-elects chairman

Azam J Chowdhury has recently been re-elected as the chairman of Prime Bank for a two-year term.
4 June 2018, 18:00 PM

Opportunities and challenges of tower-sharing licences

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to award telecom tower licences to four companies.
4 June 2018, 18:00 PM

Islamic banks see faster credit growth: survey

Shariah-based banks secured as much as 22.31 percent credit growth last year, way higher than the whole banking industry's average of 18.66 percent, a survey found.
4 June 2018, 18:00 PM

No scope to whiten black money: Muhith

There will not be any provision to legalise black money in the upcoming budget, said Finance Minister AMA Muhith yesterday, quashing the hopes of various quarters.
4 June 2018, 18:00 PM

12 banks face provision deficit of Tk 10,596cr

Twelve banks faced a provisioning shortfall of Tk 10,596 crore in the first three months of the year, a development that will compel banks to hike their interest rate on lending to ensure net profits.
4 June 2018, 18:00 PM

Inflation falls to 5.57pc in May

Bangladesh witnesses a declining trend in inflation in last eight consecutive months as the country’s general inflation rate came down to 5.57 percent in May from 6.04 percent in October last year.
4 June 2018, 13:58 PM

JS goes to budget session tomorrow

The budget session for the 2018-19 fiscal of the 10th Jatiya Sangsad (JS) begins.
4 June 2018, 11:14 AM

No internet, phone in Motijheel Jun 8-11

Bangladesh’s telecom authority says they will keep landlines and internet off in Dhaka’s commercial hub Motijheel from June 8-11.
4 June 2018, 09:54 AM

Credit growth slowdown imminent

The rising interest rate will put the brakes on the runaway private sector credit growth this year as entrepreneurs will be reluctant to take on high-cost funds, said a top banker.
28 May 2018, 18:00 PM