Bangladesh

Mahfuja Mukul: According to the National Board of Revenue (NBR), the size of the country’s economy (GDP) is $454 billion. Beyond this lies the unaccounted economy of 30-40 percent of GDP or $136-180 billion. This sector is growing day by day as many economic activities from small businesses to large…

Zarif Mahmud: The Annual Development Program (ADP) is the major part of the development budget for the next financial year (2024-25). A total of 257 new development projects of foreign loans are added to it.A list of these projects is given without approval and allocation to attract lenders. About Tk…

To be opened in Dec for use Mahfuz Emran: The newly constructed third terminal is more than twice the size of Terminal 1 and Terminal 2 of Shahjalal International Airport. The area of the old two terminals is 1 lakh square meters, and the third terminal is 230,000 square meters.…

Special Correspondent: In the next fiscal year 2024-25, an allocation of Tk 108,000 crore is being set aside for the payment of interest on the government’s debt. Tk 94,376 crore was allocated in the main budget of the current financial year. However, in the revised budget, this estimate has increased…

Staff Correspondent: Despite government directives, paddy procurement has not started in Chuadanga so far. Not being able to sell rice to the government has raised apprehension among the farmers about getting a suitable price.Farmers say that paddy has to be sold in the open market at a much lower price…

Decreasing in local banks Zarif Mahmud: The banks are becoming increasingly weak due to high non-performing loans, fragile capital structure and inefficient management. In addition to the decrease in profits, business is also shrinking in many banks of the country. Business and profits of foreign banks are increasing due to…

Syed Nasir Hossain: The rate at which the foreign exchange reserves in the central bank is decreasing rapidly is increasing the concern in the country’s economy. Two-and-a-half years ago, the reserve was $48 billion, according to the central bank, it has now decreased to $23.77 billion. There are just over…

Indian hackers behind it Industry Desk: Unidentified suspected Indian hackers allegedly took to digital means and ferreted out a few billion dollars from Bangladesh Bank, the country’s central bank, about a week ago, at least three officials familiar with the heist revealed to the Northeast News.While the sources were chary…