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The Daily Star  June 15, 2019 BUDGET FY2019-20 Unravelling the realities The budget does not take a strong position on improving the performance of a number of problematic sectors through concrete reform measures. Fahmida Khatun Budget for fiscal year (FY) 2020 has not surprised us much. It maintains the status quo. One may, of course, […]

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Budget only for high-income people: CPD Prothom Alo English Desk |  Jun 14, 2019   Distinguished fellow of the Centre for Policy Dialogue (CPD) Debapriya Bhattacharya on Friday said the proposed national budget for the 2019-2020 fiscal will only benefit the high-income people, reports UNB. “This is not a budget for the poor. The election […]

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Previous Next The government is driven by its dream of pushing Bangladesh further on the path of prosperity and the finance minister is tailoring his first budget that will be “smart” and properly implementable. AHM Mustafa Kamal is set to propose the budget, likely to be Tk 5.25 trillion in size, for fiscal year 2019-20 […]

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The Bangladesh Bank has rushed a meeting and formed a committee to find out the causes for the alarmingly high default loan and ways to curb it. The central bank called chief executives of seven banks that have had the highest default loan figures to the meeting on Tuesday at the behest of Finance Minister […]

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Bad loans soar

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The Daily Star  June 11, 2019 Bad loans soar Tk 16,962cr added in Jan-March this year; total amount stands at Tk 1,10,874cr AKM Zamir Uddin Defaulted loans soared to Tk 110,874 crore as of March this year, the highest ever in the country. The record was broken as the first quarter figures for this calendar […]

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The National Board of Revenue (NBR) office in Dhaka Mehedi Hasan/Dhaka Tribune The government set NBR’s revenue target at around 40% higher than the earnings of the outgoing fiscal year FY2017-18 The government is set to announce an ambitious revenue income, and unrealistic borrowing targets in the budget for the upcoming fiscal year (FY2019-20), to […]

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File photo of Chittagong port Md Manik/Dhaka Tribune Finance Minister AHM Mustafa Kamal is scheduled to announce the budget in parliament on June 13 Aiming to invigorate the promising export sector, an ailing stock market, and cooling property markets, the upcoming budget is likely to announce a number of incentives to rekindle the business and […]

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খেলাপি ঋণের হার সবচেয়ে বেশি জাহাজ নির্মাণ ও ভাঙা শিল্পে নিজস্ব প্রতিবেদক| মে ৩০, ২০১৯ দেশে চলতি দশকের শুরুর দিক থেকে অস্বাভাবিক উত্থান হয়েছিল জাহাজ নির্মাণ ও ভাঙা শিল্পের। পুরনো ও অভিজ্ঞদের পাশাপাশি অনেক নবীন উদ্যোক্তাও রাতারাতি এ শিল্পের সঙ্গে জড়িয়ে পড়েন। সম্ভাবনাময় নতুন শিল্প বিবেচনায় এ খাতে উদার হস্তে বিনিয়োগ করে ব্যাংকগুলোও। কিন্তু দশক […]

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Japanese Dev Assistance: $2.5b for 4 projects Deal signed as Hasina, Abe hold official talks in Tokyo; discuss durable solution to Rohingya crisis Prime Minister Sheikh Hasina and her Japanese counterpart Shinzo Abe shake hands at the latter’s office in Tokyo yesterday. Hasina was given a guard of honour when she reached the office. Photo: […]

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Previous Next Sheikh Hasina plans to take Bangladesh to the ranks of prosperous countries the way Japan has transformed into an industrially advanced nation from an agrarian economy. The prime minister spoke about the plan at a reception organised by expatriate Bangladeshis at New Otani Hotel in Tokyo on Tuesday. The Father of the Nation […]

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The government has allocated Tk 1.69 billion to pay up the jute-mill workers ahead of Eid-ul-Fitr. The finance ministry on Monday allotted the amount, which will be deposited to the workers’ personal bank accounts through cheques, the Ministry of Textiles and Jute said in a statement. The fund will go towards the payment of wages […]

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Bangladesh Economic Zones Authority (Beza) signs a joint venture agreement with Sumitomo Corporation of Japan for the development of an exclusive economic zone for Japanese investors, at a Dhaka hotel on Sunday Dhaka Tribune According to the agreement, the Sumitomo Corporation will have 76% stake while the remaining 24% will be held by Beza Bangladesh […]

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