The price of electricity is likely to increase further in the days ahead due to the increase in the price of relevant raw materials, Finance Minister AMA Muhith has said. "Electricity price would go up in the near future", the Finance Minister said while speaking at a television programme on...
Read moreThe central bank has recommended keeping close watch on higher credit growth, yawning current account deficit and inflationary risks for the sake of macroeconomic stability."Strong credit growth, wider current account deficits, and inflationary risks, however, warrant continued prudent management of macro-financial stability," the central bank said in its latest Bangladesh...
Read moreSpeakers at a discussion underscored the need for rationalising tariff rates for protecting consumers' interest, given the "very high" import duty.In 2017, the average tariff stood at 25.64 in Bangladesh while it was 12.19 per cent in South Asia, and the consumers ultimately pay the taxes, they said.The views came...
Read moreThe point-to-point inflation rate in April of the current fiscal year (FY) slipped to 5.63 per cent, compared with 5.68 per cent recorded in March last, the government has said.The rate was recorded at 5.47 per cent in April of FY2017, according to the Bangladesh Bureau of Statistics (BBS) data.Planning...
Read moreEconomic zones have driven up the value of land property in villages, helping the rural people reap windfall gains.In some areas, where such zones are being built, the land value rocketed more than 10 times, locals say. The development activities around the under-construction industrial clusters have also generated economic vibrancy...
Read moreMinister asks Biman to lay off elderly staffersCivil Aviation and Tourism Minister AKM Shajahan Kamal has come up with a solution to the problems at Biman Bangladesh Airlines - lay off elderly employees. "There are many elderly employees who do not have the ability to work anymore at Biman. Dismiss...
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