The invisible ones
Of the over 7 crore people employed in Bangladesh, 85 percent (nearly 6 crore) are vulnerable as they work in the informal sector, which lacks basic social and legal protection, and employment benefits.
2d ago
IMF prescribes ending tax exemptions
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
3d ago
ADP spending picks up in July-March
Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
1w ago
Tax receipts rise 15% in July-March, close to IMF target
Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
1w ago
Govt may lower corporate tax to encourage compliance
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
1w ago
Migrant workers stare into uncertainty as global crises deepen
Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
1w ago
Sweet Success
On a warm March morning in front of a state-of-the-art facility in Gazipur, employees were found to be lining up at a large gate, designated as the entry point.
1w ago
Traditional sweet-makers struggle to stay afloat
Almost 60 years ago, Kali Saha opened a small sweet shop in Savar’s Namabazar after gaining experience as an apprentice. Despite offering only roshgollas, curds, and chamchams, the name and fame of “Kali Saha Mistanno Bhandar’’ spread.
1w ago
January 21, 2024
Desperation deepens for informal workers
Inflation, lack of any scope to avail government opportunities are among reasons for the desperate state of informal workers
January 15, 2024
Inflation eases but stays above 9%
Inflation eased in December but remained at more than 9 percent for the 10th straight month
January 13, 2024
BSCIC seeks more time, funds for industrial printing park
Eight years have passed yet construction of an industrial park has barely seen any progress in Munshiganj
January 4, 2024
Small ETPs have high potential for reducing pollution
A few months ago, Hossain set up a small-scale effluent treatment plant (ETP) in his own yard to remove contaminants from the wastewater so that it can be reused.
January 1, 2024
Food wasn't in short supply. But many struggled to feed families
As dawn broke yesterday, Asia Begum prepared again for her daily battle to buy essential goods at subsidised prices in order to save a few bucks and bear other family expenses.
December 27, 2023
South Asian nations succeeded in taming inflation. Bangladesh, not so much
Most South Asian countries succeeded in reining inflation in 2023 in a major relief for their populations who struggled after prices spiralled owing to the shocks stemming from the lingering impacts of the coronavirus pandemic and the Russia-Ukraine war
December 22, 2023
Govt frames sustainable procurement policy
The government recently drew up its Sustainable Public Procurement (SPP) Policy 2023, facilitating the participation of small-and-medium enterprises (SMEs) and women-owned business enterprises (WBEs) in public tenders.
December 19, 2023
July-Nov ADP spending lowest in 8 years
Around 17.06 percent of the government’s annual development programme (ADP) for the current fiscal year of 2023-24wasimplemented in the first five months, the lowest in the past eight years.
December 15, 2023
Villagers grow food for all. But they end up paying more for it
People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items
December 11, 2023
How much do the poor pay for rice? At least Tk 50 a kg
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
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