Corporate

Zarif Mahmud: The financial condition of several life insurance companies operating business in the country have weakened due to various irregularities. The financial condition of the companies has become so fragile that they are not able to pay the insurance claims of the customers properly. In this situation, the regulatory…

Mahfuja Mukul: In the next (2023-24) financial year, the allocation for the food sector is decreasing by Tk 2,519 crores. The total allocation for this sector is Tk 20,695 crores.In the current budget, Tk 23,214 crores have been allocated to this sector. However, experts feel that it is necessary to…

Professor Shibli Rubaiyat-ul-Islam Industry Report: The economy of the country has huge potentials. There is no alternative to increase investment and employment to exploit this potential. The government is also serious about this. But long-term stable policy is necessary to increase investment.Because, changing business laws, various policies and facilities repeatedly…

Industry Desk: Despite the steady growth in tea production over the past decade, Bangladesh’s tea exports have taken a hit due to mounting domestic demand, driven by a growing population and urbanisation.The trend is observed as Bangladesh celebrates the World Tea Day.According to the state-run Bangladesh Tea Board (BTB), tea…

FBCCI President Jasim Uddin Industry Report: The ongoing Russia-Ukraine war has changed the face of the world economy. In this situation, the budget should be formulated realistically, taking into account the global context and internal capacity.Better not to have an ambitious budget. Jasim Uddin, president of FBCCI, the apex body…

Farmers to incur huge loss Zarif Mahmud: This year’s Boro season was the highest cost year for farmers. Irrigation fuel diesel and electricity prices are at record levels. Due to the drought, irrigation has also taken a lot. At the same time, fertilizers, pesticides and labor wages have increased. But…

Mahfuz Emran: On the one hand, people of all classes and professions are burning in the heat of inflation, on the other hand, it is an election year. There is a dollar crisis. Electricity and fuel situation is also not in a good position. Export earnings, remittances have decreased. Reserves…

Mahfuz Emran: There is no provision in the FY 2023-24 budget to bring the smuggled money back to the country without question. Surcharge may be increased on the wealth. Besides, the surcharge collection process will be simplified. And this time again there will be protection for the domestic industry to…

Mahfuja Mukul: The government is reining in new projects in the next financial year. This policy of conservatism has been adopted in approving new projects as part of cost-cutting initiatives. However, it has been asked to give maximum importance to the ongoing projects. 33 new projects have been added to…

Policy Research Institute Industry Desk: According to a recent estimate by the Policy Research Institute (PRI), in the current FY2022-23, the National Board of Revenue (NBR) may face a revenue deficit of Tk54,600 crore in comparison to its set target.The revenue collection target for NBR for the current financial year…