Food insecurity among the poor and economically vulnerable population has started and the crisis will intensify by the end of this month if the government does not take any immediate steps, said a recent study. "We want to give an alert to the government," said Hossain Zillur...
Finance Minister AHM Mustafa Kamal plans to unveil the national budget for next fiscal year on June 11 amid deepening uncertainties brought on by the deadly coronavirus. Earlier this week, he proposed two dates to the prime minister for presenting the budget for fiscal 2020-21. The premier...
Any bank employee who will be infected with Covid-19 during
working in the bank will get Tk 5-10 lakh as insurance coverage and in case of
death, the victim’s family will get five times the amount as special
grant, said a Bangladesh Bank circular.
The circular, issued...
After late fee waiver, Bangladesh Bank has ordered all banks not to charge interest on credit card bills payable from Mar 15 to May 31 as the COVID-19 crisis drags on with a surge in number of cases. The banks will need to refund or adjust the...
There is no denying that 2020 is a write-off for the high-flying Bangladesh economy, shot down to the ground by the novel coronavirus. But if the International Monetary Fund's latest projection is considered, 2021 definitively promises to be a better year, with GDP growth set to be...
Supermarkets are registering surging sales amid people's quest to find a more sanitised place than kitchen markets to buy foodstuffs and household products in these times of coronavirus. With more than 250 outlets scattered across Dhaka, Chattogram and other big cities, supermarkets have posted 50 per cent...
An announcement from the National Board of Revenue regarding the filing of value-added tax returns have thrown businesses into trouble. The sudden move announced on April 10, came as a surprise to many businesses who have kept their offices and activities shut since the government declared general...
The Hajj Agencies Association of Bangladesh (HAAB) has demanded the government provide interest-free working capital of Tk 15 billion (1,500 crore) to cover their losses due to the outbreak of coronavirus pandemic. HAAB President M Shahadat Hossain Taslim said they asked the government to give them a...
Local companies have started producing sophisticated medical devices and much-needed personal protective equipment (PPE), a development that comes as a sigh of relief amid the mounting fear of coronavirus epidemic that has so far claimed 34 lives in Bangladesh. Some garment factory owners have already made thousands...
Bangladesh's economic growth will be between 2.0 and 3.0 per cent in the current fiscal in the aftermath of coronavirus pandemic, the World Bank has forecast. The WB has made the forecast on Bangladesh's economic growth in its report on "South Asia Economic Focus Spring 2020: A...