News
MCCI president calls for fiscal modernisation to raise tax-GDP ratio
4+ hour, 15+ min ago (231+ words) Bangladesh must urgently modernise its fiscal infrastructure to address its critically low tax-to-GDP ratio, Kamran T. Rahman, President of the Metropolitan Chamber of Commerce and Industry (MCCI), said today. He made the remarks while speaking as a panellist at the ongoing ICAB-FE…...
April inflation goes past 9. 0pc mark
8+ hour, 33+ min ago (586+ words) People pay through their nose as the persistent Gulf turmoil impacts Bangladesh's consumer-price indices with overall inflation having hit a near-double-digit high at 9. 04 per cent in latest official count. Official data released Wednesday for the past month shows the most…...
The Financial Express | First Financial Daily of Bangladesh
1+ day, 1+ hour ago (11+ words) IEB urges ensuring engineering leadership in key administrative posts'The Financial Express...
No alternative to widening the tax net
1+ day, 19+ hour ago (863+ words) The Financial Express No alternative to widening the tax net One of the most frequently discussed mechanisms for increasing revenue for the National Board of Revenue (NBR), as well as improving the country's Tax-GDP ratio, is the expansion of the…...
Bangladesh's growth story caught in the oil crossfire
3+ day, 16+ hour ago (711+ words) Energy is the lifeline of modern society. Without energy, economic systems collapse and development comes to a halt, Daniel Yergin. THE PROBLEM OF IMPORTED ENERGY: Central to this issue is the large share of energy sources that must be imported…...
Productivity and growth model paradox
1+ week, 5+ day ago (1081+ words) The Financial Express Productivity and growth model paradox Rising nonperforming loans-projected to reach nearly Tk 6. 5 trillion by the end of 2025-alongside widespread graft allegations, growing debt burden, decreasing local value addition and other warning signs suggest that Bangladesh's economy is…...
Eastland, Asia Insurance reverse earnings decline in 2025
1+ week, 6+ day ago (339+ words) Two listed general insurers-Eastland Insurance and Asia Insurance-posted marginal profit growth in 2025, signalling a tentative recovery after years of decline. Eastland Insurance reported a 3. 08 per cent year-on-year rise in profit to Tk 92. 27 million in 2025, while Asia Insurance registered a 1. 63 per…...
Fitch justifies 10pc policy rate against high-inflation regime
2+ week, 22+ hour ago (472+ words) An outfit of high-profile global rating-agency Fitch suggests Bangladesh should continue with its high policy rate in lending in the high-inflation regime, ostensibly nay-saying pleas for rate cut. "We now expect the Bangladesh Bank to maintain its policy rate at…...
Govt drafting five-year strategic plan to spur economic growth
3+ week, 8+ hour ago (958+ words) The government has begun formulating a new five-year strategic framework aimed at steering the economy from stabilisation to investment-led growth, setting ambitious targets for expansion and job creation. The plan seeks to raise economic growth to 8. 0 per cent by 2030 and…...
Price stability, export demand, import costs in jeopardy
4+ week, 20+ hour ago (696+ words) Ongoing geopolitical tensions pose near-term risks to Bangladesh's price stability, export demand and import costs, the central bank says in the wake of the worst ruckus in the Mideast. The Bangladesh Bank (BB) has painted such a picture on the…...