The World Bank has held out a development policy credit (DPC) to help create more, better and inclusive jobs in Bangladesh as employment generation slows, officials said.
After discussion with Finance Minister AMA Muhith the multilateral lending agency forwarded a policy note in this regard to the ministry of finance last week for further actions, they [...]

Health development surcharge worth Tk 9.0 billion remained unutilised during the last three fiscal years due to lack of a specific guideline to spend the amount.
The Value Added Tax (VAT) wing under the National Board of Revenue (NBR) collected the revenue during the last three financial years, 2014-15, 2015-16 and 2016-17 as 1.0 per cent [...]

Bangladesh should prefer green field investment type of FDI and focus on foreign investment in the form of equity capital, said Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI).
These types of Foreign Direct Investment (FDI) would help generate more employment, bring positive trade effects, including boosting export earnings, and keep financial stability in the country.
The [...]

Stocks posted a marginal gain last week that ended Thursday, after a single-week break, as investors took position on sector-specific large-cap stocks.
Dealers said the market closed positive amid increased turnover as optimistic investors showed their buying appetite on sector-wise stocks while cautious investors opted for booking profit ahead of Eid Festival.
There are only five trading [...]

MANDARIN or Chinese is one of the most spoken languages in the world and if we want to learn a second foreign language after English, Chinese could be a good choice. A staggering number of people, one billion people to be exact, speak this language. I am just a beginner, but I take a lot [...]

MOST people living in Dhaka do not have their own houses and live in rented houses. There are no rules and regulations for house rents in Dhaka and even if there is, it is not being implemented. The house owners increase house rents every now and then according to their sweet will. The present trend [...]

Five big global marine and inland terminal operators are queuing up for the contract to build Bangladesh's maiden specialised maritime terminal in Chittagong.
A local company is also an aspirant for the terminal project to be implemented on public-private partnership (PPP) model at Laldiar Char, situated adjacent to the Karnaphuli river estuary. The Chittagong Port Authority [...]

Prices of rawhide of sacrificial animals during Eid-ul-Azha this year will be equivalent to those of the last year despite a rising trend in its global prices.
The price of cowhide (salted/non-salted) has been fixed at Tk 50-55 per square feet (sq ft) in Dhaka and Tk 40-45 per sq ft outside the capital during this [...]

Overall shortfall in provision against both classified and unclassified loans in the country's banking system swelled over 13 per cent or by Tk 7.22 billion in the first half (H1) of this calendar year.
By official count the provisioning shortfalls rose to Tk 61.92 billion as on June 30 from Tk 54.70 billion as on December [...]

A much-vaunted review of all the income-tax returns submitted in last fiscal detected only less than one per cent mathematical errors, but scared many of the taxpayers.
Officials said taxmen rummaged through the tax returns of fiscal year 2016-17 under scrutiny-assessment provision of the income-tax ordinance. And they found 0.23 per cent or 2,983 tax returns [...]