NBR's reluctance to comply with IMF
The National Board of Revenue's (NBR's) flat refusal to go by the recipe the International Monetary Fund (IMF) advanced for the Bangladesh tax authority to pursue a revised target for collection of an additional amount of revenue of Tk570 billion for the fiscal year 2025-26 is evidently a departure from...
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A paradigm shift in investing
Bangladesh has a history of sacrificing the growth of both foreign and local investment at the altar of bureaucratic red tape and corruption at various stages of the investment process, political rent-seeking, infrastructural weakness, and inefficiency. On the first day of the four-day Bangladesh Investment Summit on April 07, while...
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VAT removal fuels supermarket growth
The recent removal of the 5 per cent VAT on packaged goods in supermarkets has significantly shifted Bangladesh's retail landscape. This has enabled major chains like Agora, Meena Bazar, and Shwapno to expand rapidly and attract middle-class consumers who previously shopped at traditional grocery shops. With cleaner shopping spaces, more...
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Water crisis in Austagram
The underground water crisis in Austagram Upazila has taken a grave turn. With the water table constantly declining, the situation is worsening day by day. As an agriculture-based area, most of Austagram's residents depend on farming. This ongoing water scarcity is not only hampering agriculture but also affecting the daily...
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