Mahfuz Emran: Bangladesh received $22.168 billion of remittances last year, which is the second highest in the country’s history. Last year, remittance flows to the country increased by more than three percent. However, the cost of…

Feasibility checks at end of project period

Indian debt in Railways Farhad Chowdhury: The 57 km railway from Parbatipur in Dinajpur to Kaunia in Rangpur is to be laid with Indian loan. The six-year project expires in 2023. The project has not started…

Foreigners extract triple amount from BD compared to incoming remittances

Enayet Karim: Foreign workers took more than three times the amount of remittance flow sent by expatriates to the country in foreign currency for salary. In the 24 years from 2000 to 2023, the remittance flow…

Bangladesh ranks 7th in collection of remittance

Staff Correspondent: A few years of high growth in global remittance flows will slow down in 2023. Global remittance flows have increased nominally during this period. This has had an impact on remittance receiving countries. Remittance…

JS passed finance bill Big discounts for rich

Staff Correspondent: The money bill has passed yesterday, reducing the income tax rate for the rich. The environment surcharge on company cars for the wealthy is waived to ‘justify’ the tax. Also, the National Board of…

Destination of money laundering shifts away from Switzerland

Bangladesh’s Deposits in Swiss Banks Drop by 68 Percent in 2023 Compared to 2022 Special Correspondent: The trend of Bangladeshi citizens depositing money in Swiss banks has seen a significant decline. Recent statistics released by the…

BPC struggles to account for loss

Despite huge profit Zarif Mahmud: Bangladesh Petroleum Corporation (BPC) may make a loss of over Tk 10,000 crore in the current financial year, as projected during the formulation of the budget. However, the Ministry of Finance…

Why has snake activity suddenly increased in Bangladesh?

Special Correspondent: Bangladesh is home to a diverse array of snakes, with estimates ranging from 80 to over 100 species. These species are distributed across different regions based on geographical and environmental conditions. Recently, there has…

Unbridled corruption persists despite ‘zero tolerance’ policy

Staff Correspondent: The election manifesto given by Awami League in the twelfth parliamentary elections before the formation of the government for the fourth consecutive term, emphasized the ‘zero tolerance policy against corruption’. After the implementation of…

IMF calls for urgent re form of banking sector

Staff Correspondent: The International Monetary Fund (IMF) has recommended strengthening the regulatory framework in the financial sector and accelerating reforms to ensure good governance. At the same time, transparency should be increased in the preparation of…