Regional & International Economy

The National Board of Revenue (NBR) on Sunday asked its field offices to formulate a strategy keeping in mind the present condition and expedite the collection of Value Added Tax (VAT) and thus achieve the revised revenue collection target.

Oil prices were down in Asian trade Monday after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures.

The Centre for Policy Dialogue (CPD) has recommended to increase the tax-free income threshold level from Tk 250,000 to Tk 350,000 and not keeping the provision of black money whitening facility in the national budget for 2020-‘21 fiscal year.

Centre for Policy Dialogue (CPD) on Saturday recommended raising the tax-free income threshold level from Tk 250,000 to Tk 350,000 and not keeping the provision of black money whitening facility in the national budget for 2020-‘21 fiscal year.

According to the Bangladesh Association of International Recruiting Agencies (BAIRA), around 100,000 Bangladeshis were waiting to go abroad With the Covid-19 pandemic halting overseas migration and depriving expatriate workers of their income for the last two months, the flow of remittance has been low in recent times. However, experts believe …

Business leaders requested the government to amend the circular of Bangladesh Bank and correctly define the provisions on incentives

China’s exports saw a shock 3.5 percent rise in April despite the global impact of the coronavirus pandemic, official figures showed Thursday, but analysts warned of weakness ahead as key markets suffer downturns.

The Philippine economy contracted for the first time in more than two decades during the first quarter, but officials warned Thursday that the worst was likely yet to come as the nation reels from the coronavirus pandemic.

After 11 years, the outlay of the Annual Development Programme, or ADP, could almost flatten as revenue income fell in the aftermath of coronavirus outbreak, officials said on Tuesday.

The government is gunning for an 8.5 per cent GDP growth next fiscal year in the hope the economy would be springing back to a higher expansion trajectory once the coronavirus outbreak has been quelled.