Business-Economy

$1b a year needed to hit 2030 green energy goal

Staff Correspondent: Bangladesh needs to expand its renewable energy capacity by 21 percent annually to meet its latest green energy target by 2030, requiring nearly $1 billion in yearly investment,

Padma Bridge marks 3yrs of operation, over Tk 2,500 crore toll collected

Staff Correspondent: In the three years since the Padma Bridge opened to traffic, a total of Tk 2,500 crore has been collected in tolls as on Thursday, reflecting the project’s

IMF asked about national election before disbursing loan tranches: Finance Advisor

Staff Correspondent: The International Monetary Fund (IMF) asked about the date of the national election in Bangladesh before releasing the fourth and fifth tranches of its loan, says Finance Advisor

Transitory inflation relief may mask risks of derailing recovery

Staff Correspondent: Transitory inflation relief may be masking long-term risks that could derail Bangladesh’s economic recovery, an official outfit alerts as pressures of prices persist. High prices of essential food

Govt moves to modernise tax admin, boost revenue

Staff Correspondent: The government is set to launch a transformative project titled strengthening Domestic Revenue Mobilisation Project (SDRMP) aimed at modernising the country’s tax administration and boosting internal revenue collection.

Uncertainty looms over EXIM Bank merger plan, clients at risk

Staff Correspondent: Concerns have emerged over the government’s initiative to merge Exim Bank with four financially troubled banks linked to the S Alam Group embezzlement scandal. Exim Bank’s comparatively better