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The government has allocated Tk 2.02 trillion (Tk 2,02,721 crore) as Annual Development Programme (ADP) outlay in the proposed national budget for FY20 giving highest priority to the transport sector....
The government has allocated Tk 14.96 billion for the Ministry of Environment and Forest in the proposed budget for fiscal 2019-20, which is up by Tk 1.56 billion from the...
Finance Minister AHM Mustafa Kamal on Thursday proposed an allocation of Tk 140.53 billion aiming to develop the sector. The proposed allocation is Tk 1.39 billion more than that of...
Finance Minister AHM Mustafa Kamal in his budget speech on Thursday proposed to implement the Value Added Tax and Supplementary Duty Act, 2012 from July 1, 2019. “We are going...
With the announcement of the proposed budget for the upcoming fiscal year (2019-’20), a number of products are expected to see fluctuation in prices both upward and downward. Up The...
With the government's goal to check corruption and accelerate development, Finance Minister AHM Mustafa Kamal has earmarked Tk 1.40 billion for the Anti-Corruption Commission (ACC) in the proposed national budget...
The price of smartphones is set to increase under the proposed budget for the 2019-20 fiscal year. The government plans to raise the customs duty on smartphones to 25 per...
The use of tobacco products, including cigarette, bidi, zarda and gul are going to be costlier from the next 2019-20 fiscal year. “Considering the health-risk and harmful effects of 92...
An amount of Tk 14.88 billion has been proposed for the Youth and Sports Ministry, including a Tk 200 million special allocation for Bangladesh Football Federation (BFF) for the development...
As the government wants to use the full potential of demographic dividend, an amount of Tk 1.0 billion has been earmarked in the proposed national budget for fiscal 2019-20 as...
Finance Minister AHM Mustafa Kamal on Thursday proposed to allocate Tk 30.6 billion to provide incentives on the money that expatriates send back as remittance. The incentives will be given...
Prime Minister Sheikh Hasina on Wednesday gave financial assistance of Tk 30.5 million (Tk 3.05 crore) to 10 individuals and one organisation. The prime minister handed over cheques for the...
The government has allocated Tk 645 million in the newly proposed budget for interest-free microcredit for poverty reduction programme. Finance Minister AHM Mustafa Kamal said Bangabandhu Sheikh Mujibur Rahman introduced...
Here are some important features of the new national budget placed by Finance Minister AHM Mustafa Kamal in Parliament on Thursday. *Import volume now $58.9 billion *Export volume $37 billion...
Finance Minister AHM Mustafa Kamal has proposed the ceiling for tax-free dividend income up to Tk 50,000 in a bid to attract more investors to the market, which is going...
In the fiscal 2019-20 (FY20), the government has targeted to achieve 8.2 per cent GDP growth containing the inflation rate below 5.5 per cent. The targets were fixed in the...
Country’s foreign exchange reserve now stands at US$33 billion. Finance Minister AHM Mustafa Kamal came up with the statistics while placing the national budget for 2019-20 fiscal year in Parliament,...
AHM Mustafa Kamal has proposed keeping tax-free income limit for individuals and corporate tax rates unchanged in his maiden budget. In parliament on Thursday, the finance minister noted that general...
The government moves to impose 15 percent tax on stock dividends for the new fiscal year. In his budget speech presented in parliament on Thursday, Finance Minister AHM Mustafa Kamal...
Bangladesh is targeting 8.2 per cent GDP growth in the new fiscal year. In his budget speech presented on Thursday, Finance Minister AHM Mustafa Kamal said our GDP grew consistently...
The government expects to create some 10 million new jobs by establishing 100 Economic Zones (EZs) across the country. Finance Minister AHM Mustafa Kamal came up with the plan while...
Finance minister AHM Mustafa Kamal has placed a budget of over Tk 5.23 trillion (Tk 5,23,190 crore), which is 18.1 per cent of GDP, for fiscal year 2019-20 in parliament. He...
Stocks rebounded on Thursday, after a single-day break, as investor showed their buying appetite on budget day on expectations. Market analysts said stocks budgetary hopes coupled with central bank’s market...
Finance Minister AHM Mustafa Kamal has started rolling out the national budget, believed to be over Tk 5.23 trillion (Tk 5,23,190 crore), for the financial year 2019-20 (FY20) at the Jatiya Sangsad....
The cabinet at a special meeting on Thursday approved the proposed national budget for the fiscal year 2019-2020. Prime Minister Sheikh Hasina presided over the meeting held at the cabinet...
Thai police said on Thursday there is enough evidence to press human trafficking charges against the captain and crew of a boat carrying 65 Rohingya Muslims that was shipwrecked this...
Authorities have shut some government offices in Hong Kong's financial district after the worst violence the city has seen in decades. By Thursday morning the crowds had largely dispersed around...
China’s Huawei has applied to trademark its “Hongmeng” operating system (OS) in at least nine countries and Europe, data from a UN body shows, in a sign it may be...
The United States is open to dialogue to resolve trade differences with India by allowing American companies more access to Indian markets, US Secretary of State Mike Pompeo said on...
The housing market of Britain steadied in May and a measure of prices improved as the delay in the country’s European Union exit gave some encouragement to buyers, a survey...
Overall shortfall in provision against bank loans swelled by nearly 34 per cent or Tk 22.47 billion in the first quarter (Q1) of the current calendar year. The aggregate amount...
The board of directors of Acme Laboratories has declared the commencement of commercial production of its state of the art Penicillin facility at Dhamrai after successful completion of trial production....
Stocks witnessed choppy trading in early trading on Thursday as investors mostly followed cautious just ahead of budget declaration. Finance Minister A H M Mustafa Kamal is set to place...
The global economy is dynamic due to ever-changing consumer behaviour. A new trend can change the economic situation of Bangladesh. Mehedi Hasan, a business graduate from IBA, University of Dhaka...
Fresh graduates looking for the 'six digit salary' dream job which will also ensure social status and the employers looking for the competent one having the balanced mixture of theoretical...
University of Liberal Arts Bangladesh (ULAB) is hosting the eighth SSEASR International Conference which will be held from June 13 to 16, 2019 at ULAB, Dhaka, says a press release....
Chinese telecoms giant Huawei Technologies has asked Peruvian authorities to trademark its “Hongmeng” operating system, a sign it may be deploying a back-up plan in key markets in case US...
The People's Bank of China (PBOC), China's central bank, on Thursday pumped 100 billion yuan (about 14.51 billion US dollars) into the financial system through open market operations. To maintain...
Asian shares were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory’s legal autonomy. The...
The US will deploy 1,000 more troops to Poland, President Donald Trump has said during a press conference with Polish President Andrzej Duda. President Trump said the force would be...
Silco Pharmaceuticals Ltd. will make its share trading debut today (Thursday) on both the bourses under 'N' category, officials said. The DSE trading code for the company is "SILCOPHL" and...
The securities regulator has approved the draft prospectus of the CWT Emerging Bangladesh First Growth Fund. The endorsement came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC)...
Asia Insurance Limited has approved 10.0 per cent cash dividend for the year ended on December 31, 2018. The approval came at the company’s 19th annual general meeting (AGM) held...
Ten most traded firms accounted for more than 24 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with the BBS Cables making it to the top...
Washington posted a $208 billion budget deficit in May as a modest increase in revenues failed to make up for higher spending on the military and social welfare programs like...
The current development of special economic zones (SEZs) through public-private partnership in Bangladesh and other Asian countries is likely to help attract more foreign direct investment (FDI). The United Nations...
A high-level business delegation from South Korea will visit Bangladesh in July next to explore possible investment opportunities here, officials said. "This is going to be the highest level of...
Allocation for agriculture subsidy is likely to increase by 6.6 per cent in the next budget long after six years from the level of the outgoing fiscal year (FY 2019)....
The government releases the budget for fiscal year 2019-20 today (Thursday) setting higher growth target, despite a number of domestic challenges. People familiar with the budget preparation said there will...
The government has scaled down its bank borrowing target by more than 26 per cent for the outgoing fiscal year (FY), mainly due to the lower implementation of the annual...
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