Business-Economy

ADB’s new president takes over office

UNB: Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) on Monday. Kanda succeeds Masatsugu Asakawa, continuing a legacy of excellence and innovation, according

Revised ADP set for 11.83pc YoY lower

Staff Correspondent: The Planning Commission has given initial approval for a Tk216,000 crore allocation for the Revised Annual Development Programme (RADP) for the current fiscal year, marking an 11.83% year-on-year

Tax return filing soars with locally developed system

Staff Correspondent: A locally developed tax-return system enabled the National Board of Revenue (NBR in Bangladesh to achieve a remarkable success as the online system witnessed a nearly 300-percent increase

‘Indian mills destroy BD textile sector’

TDS Desk: Indian textile mills are dumping yarn and fabric in the Bangladesh market as part of a “conspiracy” to destroy its textile sector, alleged Bangladesh Textile Mills Association (BTMA)

Govt remains vigilant to keep essentials’ prices stable: Finance Adviser

Staff Correspondent: Finance Adviser Dr. Salehuddin Ahmed on Monday stated that the government is closely monitoring the market situation to prevent price hikes of essential commodities ahead of the holy

Economists urge caution in import liberalisation before strengthening institutional capacity

Staff Correspondent: After graduation from the least development country (LDC) status, Bangladesh will face significant challenges in its export-driven development, economists have said, adding that the country cannot progress to