Mon, 20 Jan 2025, 06:08 pm
Economy

Stress on tax reforms to boost investment in cement sector

The government should reform the tax structure to boost investment in the cement sector as local manufacturers are burdened with taxes. Some 37 companies including 5 foreign manufacturers are producing

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Provision for whitening undisclosed money to continue: Kamal

Finance Minister AHM Mustafa Kamal on Wednesday said that the government would retain the provision for whitening undisclosed money in the next national budget for FY22 to bring that money

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US jobs figures fall far short of expectations

US employers hired fewer workers than expected last month despite a huge stimulus package that saw the government send $1,400 (£1,000) cheques to most Americans. Just 266,000 jobs were added

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Clear wages, Eid bonus by May 10: RMG workers

Garment Sramik Karmachari Oikya Parishad (GSKOP), an alliance of 20 worker associations, on Friday demanded the payment of wages and Eid bonus by May 10. In a statement, GSKOP joint

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China suspends economic accord with Australia

China said on Thursday it had suspended an economic agreement with Australia, in an apparent tit-for-tat response to Canberra’s scrapping a Belt and Road infrastructure pact and threat to undo

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Home textile: Exports soar 41.5pc in 9 months

Despite the Covid-19 pandemic and global economic slowdown, the demand for Bangladeshi home textile products has been rising in the global market owing to its quality and reasonable prices. According

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Withdrawal limit from ATM extended to Tk1 lakh amid lockdown

Bangladesh Bank on Monday extended the withdrawal limit from ATM booths to Tk1 lakh as all financial institutions including banks will remain shut during the weeklong strict lockdown. In a

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Govt feels well over IMF’s latest growth projection: Kamal

Finance Minister AHM Mustafa Kamal said the government is feeling well over the latest GDP growth projection by the International Monetary Fund (IMF) as it has upped its projection. “Our

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Number of Japanese firms in Bangladesh up 4 times in 10 years

The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country.

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Bangladesh economy to see 3.6pc growth in 2021: WB

Bangladesh’s gross domestic product (GDP) will increase by 3.6 percent in 2021 supported by better than expected remittance inflows, the World Bank says in updated forecast. In its latest regional

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