Current News

Former Bangladesh Bank Deputy Governor Khondokar Ibrahim Khaled has underscored the need for reforming the country’s banking sector for proper implementation of the national budget for 2019-20 fiscal year.

Parliament approved on Saturday the finance bill-2019 with a few amendments suggested by the lawmakers.

The Export Promotion Bureau (EPB) has proposed setting a US$ 44.40 billion export target for fiscal year (FY) 2019-20, officials have said.

  Sustainable development goals (SDGs) cannot be fully achievable by 2030, leaving out SDG 16 that focuses on inclusive societies, democracy, strong institutions, justice and rule of law.

Bangladesh has succeeded in fostering a dynamic and fast-growing economy with significant poverty reduction and the country’s economic growth continues to be strong.

The proposed rise in source tax on yields from national savings tools has prompted investors in large numbers to draw profits before June 30 next to avoid higher taxation.

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 development projects involving Tk 69 billion (Tk 6,967 crore), including modernization of 21 metre-gauge diesel-electric locomotives of Bangladesh Railway (BR).

The International Monetary Fund (IMF) has expressed concern over the rising trend in non-performing loans (NPLs) in the country’s banking sector.

Robots are expected to take over some 20 million manufacturing jobs worldwide by 2030, extending a trend of worsening social inequality while boosting overall economic output, a new study shows.

South Korea and Saudi Arabia signed an $8.3 billion economic co-operation pact Wednesday during Crown Prince Mohammed bin Salman’s first visit to Seoul, as the oil-rich kingdom looks eastward following Western criticism over journalist Jamal Khashoggi’s murder.