Next budget presumed bigger at Tk8.45t
A little bigger next budget than the current one is being envisaged by the interim government through taking into account prevailing internal and external factors that affect the country's economy, officials said.The budget outlay for fiscal year 2025-26 can be around Tk 8.45 trillion, nearly 6.0-percent bigger than the current...
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Taskforce may recommend deferring BD graduation
Bangladesh's graduation to a middle-income country is deemed premature now and the economic-reform taskforce may recommend delay in the status change that would forfeit its trade and aid benefits. Dr KAS Murshid, the team leader of the taskforce tasked by the post-uprising government to reframe economic strategies, justifies deferment of...
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FY25 Q1 RMG exports down 2.8pc
Bangladesh's readymade garment (RMG) exports totalled $9.51 billion in the first quarter of FY25, reflecting a 2.8 per cent year-on-year decline despite a 7.64 per cent rise from the previous quarter.The sector demonstrated resilience, maintaining steady growth despite domestic political unrest, according to stakeholders.Clothing exports in the corresponding quarter of...
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China back for Mongla seaport dev works
China is set to come back for Mongla seaport development as Bangladesh's current interim government may allow Chinese investment in a Tk 40.68-billion project for the upgrade. The Mongla Port Authority has recently sought approval for the China-funded project, insiders said Friday about resumption of the once-stalled bid.Earlier, the project...
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Edible oil prices up for supply crunch
Prices of edible oils have shot up amid a stoppage in supply of the commodity by refiners despite getting notable tax exemptions weeks ago.Consumers are forced to buy soybean oil and palm oil at much higher than normal rates as many groceries and traders are cashing in on this crunch.Meanwhile,...
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Prayer Timings (2024-11-30)
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