Business-Economy

NBR mulls amending VAT law to make officers account for lapses

Staff Correspondent: The National Board of Revenue (NBR) is contemplating to introduce a system to account its officers for skipping any business entity without enlisting that in the Value Added

Govt plans exclusive EZs for Chinese investment worth $1.5b

Staff Correspondent: The interim government is planning to set up exclusive economic zones for Chinese investors, in a move to boost foreign direct investment (FDI) and strengthen economic ties with

Govt arms up to face summer power crisis, goes for equal load-shedding in cities, villages

Staff Correspondent: As temperatures inch upward and the sun readies its summer assault, the government has begun laying out its battle plan to stave off an impending power crisis –

Bangladesh, WB sign $850m deal for Bay Terminal and social protection reform

Staff Correspondent: Bangladesh and the World Bank signed two financing agreements totalling $850 million to help the country develop the Bay Terminal deep sea port and modernise the national social

Gold price slashed after three consecutive hikes since Saturday: Bajus

Staff Correspondent: The Bangladesh Jewellers Association (Bajus) has announced a significant reduction in gold prices on Wednesday, following three consecutive hikes since Saturday. In a notification issued by Masudur Rahman,

Bangladesh GDP may fall to 3.3%: WB

Staff Correspondent: The World Bank (WB) has forecasted that Bangladesh’s Gross Domestic Product (GDP) growth may decline to 3.3% in the current fiscal year (2024-25). The slowdown is attributed to