Bangladesh
Bangladesh
Yunus case may hinder investment in Bangladesh: US
Diplomatic Correspondent: Nobel laureate economist Dr. Muhammad Yunus concerned about the trial to United States has warned Bangladesh about foreign investment. The United States has warned that if the law is misused against Dr Yunus, Bangladesh’s rule of law will be questioned and foreign direct investment will be hindered.The chief…
Read More »Severity of liquidity crisis may increase in pvt sector banks
82 pc of deposits to be used for govt loans Mahfuja Mukul: The growth of deposits in the country’s banking sector is now around 10 percent. If this trend of growth continues, deposits in banks may increase to a maximum of Tk 1 lakh 67 thousand 604 crores in the…
Read More »New budget offers little for poor
Zarif Mahmud: The budget for the new financial year was presented last Thursday. Now the review is going on – how much the power matches the demand. Whether the finance minister took any measures to relieve the high price market, how much the common man got, whether the tax burden…
Read More »Black money must get entry into main-stream economy
Enayet Karim: It is an unwritten proven truth, “There must be a window to enter the black money into the main steam economy for boosting the economy of country, create fresh job opportunities, full stop on the money siphoning, money laundering and finally vibrant the development activities of a country.…
Read More »Lt Gen Waker-Uz-Zaman appointed as army chief
UNB: Lieutenant General Waker-Uz-Zaman has been appointed as the new Army Chief of Bangladesh, effective on 23 June 2024. With this appointment, he will be promoted to the rank of General, as confirmed by the Inter-Services Public Relations (ISPR) on Tuesday. His tenure as Army Chief will last for three…
Read More »Financial sector now most vulnerable
Mahfuja Mukul: Prominent economists of the country said that the budget of the next financial year should be seen in the context of the overall economic crisis. Most urgent to overcome the crisis is to reduce the financial sector distress and increase the revenue in proportion to the size of…
Read More »Vigorous operation of Motijheel Traffic to evict street hawkers
Staff Correspondent: As hawkers occupy a large portion of inadequate roads in the mega city Dhaka, public life has come to a standstill, and thousands of working hours have been wasted with a very negative impact on traffic and public movement.The Motijheel Traffic Department has evicted hawkers from many places…
Read More »About 20 pc of budget never been implemented
Accounts of Ministry of Finance Zarif Mahmud: The finance minister presents the budget for the next financial year to the National Assembly in June every year. It was also passed in the same month. However, in the middle of the fiscal year, it can be seen that the implementation of…
Read More »Hasina, Modi hope to further deepen BD-India relations
Industry Desk: Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi have expressed their desire that the existing bilateral relations between the two neighbouring countries would be further deepened in the future.“The two leaders have expressed their hopes that the existing bilateral relations will be deepened further in the…
Read More »Budget proposes to create employment
But not in reality Mahfuja Mukul: Unemployment is one of the problems of the country’s economy which is in various crises. It is important to increase employment to reduce this unemployment. But the proposed 2024-25 budget has no direction to increase employment. In this regard, the finance minister’s budget speech…
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