Bangladesh's development over the decades is neither a miracle nor a paradox, but rather a natural consequence of the people's entrepreneurial aspirations, according to economists and civil society members.They argued now the focus should not be on the so-called "Bangladesh Paradox" or how the country achieved growth despite weak institutions....
Read moreBangladesh Bureau of Statistics (BBS) will survey the country's natural resources like forest, land, and water to assess their stock and contribution to the economy. Currently, the GDP (gross domestic product) includes the value additions from such resources, but the new survey will help assess such assets and quantify their...
Read moreBottled soybean oil becomes costlier again as the government Thursday approved its price hike by Tk 4.00 to Tk167 per litre, ending duty relief amid inflation. However, the rate of the unpacked edible oil got a minor cut by Tk 2.00 to Tk 149 a litre in the latest price...
Read moreMass Rapid Transit (MRT) passengers may see nominal VAT (value-added tax) from next fiscal year as the government is going slow to avert any sudden pressure on their fares.The revenue board has found the MRT as a potential new avenue of VAT collection as other modes of transport having air...
Read moreA young person with disability purchases a ceiling fan to cool down in the hot and humid weather. He carries it home in Dhaka's Malibagh area on Thursday. — FE Photo by Asad-Uz-Zaman
Read moreBangladesh needs to pursue a more flexible exchange rate regime to help build up forex reserve and cut inflation, the International Monetary Fund (IMF) said Thursday.Krishna Srinivasan, IMF director for Asia and Pacific Department, made the suggestion at a press briefing on Regional Economic Outlook on the day.He said Bangladesh...
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