News

The market opened sharply higher on Thursday as investors are putting fresh bets on stocks amid budgetary expectations.

The price of local variety of onions witnessed a sharp rise on the kitchen markets in the capital Dhaka in the last two days and it reached Tk 60 a kilogram on Wednesday.

The national budget for 2021-22 is being proposed today all the while the country’s economy faces some tough realities stemming from the pandemic’s second wave. The hardships demand a bigger social safety net, policy support and incentives for many industries, improvements in health and education and so on, according to …

Oil prices extended their rally Wednesday on growing expectations for demand as the global economy recovers, though equity investors trod a more cautious line as inflation fears continue to cast a shadow over trading floors.

They suggested automated tax collection, incentivizing widening of tax net instead of revenue to prevent harassment by collectors

3.03% higher than the ongoing fiscal year

The government is likely to offer a complete tax holiday for the setting up of new hospitals for 10 years to attract new investments in the sector as the ongoing Covid outbreak has exposed the weaknesses of health services in the country.

Apparel export recovery in the non-traditional markets is slower compared with that in the traditional markets as the Covid pandemic has taken a heavy toll on the economies of Latin American countries and India.

The government should give importance to the agriculture sector, social safety net programmes, and job creation in the upcoming national budget in order to ensure food security and reduce the Covid-induced economic shock on the country’s new poor, according to experts.

Bangladesh Energy Regulatory Commission has signed an agreement with Divine IT Limited and Giga Tech Limited (JV) to implement uniform accounting software for all companies in the sector of gas. The agreement was signed at Bangladesh Energy Regulatory Commission Office in the capital on May 23, 2021.