• Saturday, February 28, 2015

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AMA Muhith

Violence casts a shadow on economy: Muhith

The current spell of deadly violence casts a shadow on the economy which has performed well in the last six years defying global financial crisis, and unrest and strikes at home, Finance Minister AMA Muhith said yesterday. "Bangladesh is a strange country as it has achieved a 6-plus percent GDP growth on an average in the last six years overcoming impacts of unrest and strikes, among other problems." He said per capita income, exports, imports and foreign currency reserves have all...

Situation outside Dhaka dangerous: Muhith

Situation outside Dhaka dangerous: Muhith

The situation outside Dhaka has taken a severe turn due to the ongoing blockade and hartal, Finance Minister AMA Muhith said today. “Disconnection of the districts [from the capital] has become dangerous for the economy. It is the most concerning thing. We will have to keep the districts functional," Muhith said at a press...

Khaleda is a stupid leader: Muhith

Khaleda is a stupid leader: Muhith

Finance Minister AMA Muhith today called BNP Chairperson Khaleda Zia “a stupid leader”. Muhith said this at the inaugural ceremony of an international exhibition on textile and garments machineries at the Bangabandhu International Conference Centre in Dhaka this afternoon. “The economy of the country has progressed a lot in 2014, but Khaleda Zia does not...

Dhaka being ruined in the name of urban dev

Dhaka being ruined in the name of urban dev

Dhaka is definitely being ruined in the name of urban development, said the state minister for power, energy and mineral resources at the inauguration of a three-day international conference on architecture in the capital yesterday.  Private housing schemes are being developed massively filling rivers and water bodies with earth and some architects or others...

Commission for doubling pay of civil servants

Commission for doubling pay of civil servants

The Eighth Pay and Service Commission recommended doubling the salary for civil servants on the average in its report submitted to the finance minister today. Minimum basic wage Tk 8,200, maximum basic pay Tk 80,000 Government’s total expenditure may increase by up to 63% if implemented Suggestion to lower budget for expense in payment of civil...

MCCI honours business icons

MCCI honours business icons

The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday gave Centenary Awards to 20 businesses and individuals for their outstanding performances and contribution to society. As the chief guest, Finance Minister AMA Muhith handed over the awards on the occasion of the chamber's 110th founding anniversary, at Bangabandhu International Conference Centre in Dhaka. As the...

  

Govt to offer incentives to China, Japan investors

Govt to offer incentives to China, Japan investors

Amid growing interests from Japanese and Chinese entrepreneurs to invest in Bangladesh, the government has prepared the draft of an incentive package for attracting foreign investment in special economic zones. A high-level meeting with Finance Minister AMA Muhith in the chair discussed the draft last week and it will be finalised after Prime Minister...

CROSS TALK

The finance minister as a lightning bolt

THE finance minister apparently ate the humble pie two Thursdays ago in a tone that ranged between regret and recrimination. He admitted it was wrong to put political people on the boards, which led to poor performance of the state-owned banks. The minister, however, said nothing with regard to what he has done about it or how he was going to recover the plundered cash or catch the culprits who made off with the money. In all practicality, he...

New pay scale from July 1: Muhith

New pay scale from July 1: Muhith

The new pay scale for the government employees is likely to be implemented from July 1 next year, Finance Minister AMA Muhith said today. “Definitely, the new pay scale will be made effective from the next fiscal year… However, if its implementation is delayed it will be given effect from July 1 (2015),” Muhith...

NBR felicitates top taxpayers

NBR felicitates top taxpayers

The National Board of Revenue yesterday honoured 402 top and long-term taxpayers amid calls for a harassment-free atmosphere and accountability of taxmen to boost the tax receipts. “We want to pay tax but we need the right environment for that,” Kazi Akram Uddin Ahmed, president of the Federation of Bangladesh Chambers of Commerce and...

  
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