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The Financial Express

/ Economy / Bangladesh

Economists fear family ‘oligopoly’ in banking

Financial experts said majority stakeholders of banks disfavor the latest legal amendment as they fear inducting four members of a family into bank boards would help establish oligopoly in the banking industry. They said customers and bankers, the two key...

Govt seeks development partners’ financing for achieving SDGs

Finance Minister Abul Maal Abdul Muhith has sought financing by...

Amendment to policy on VAT consultants' appointment soon

The revenue authorities will recast the policy on appointment of...

Taka falling against US$ despite BB's support

Depreciating trend of the local currency against the US dollar...

BDF meet ends; Thrust on collaboration between dev partners to achieve SDGs

The two-day Bangladesh Development Forum (BDF) in the capital ended...

Multilayer taxation on dividend hurting investment growth

Big entrepreneurs shy away from reinvesting their profit in new...

Skilled workers' outflow jumps by 36pc

The outflow of Bangladeshi skilled workers surged by more than...

LPG demand to reach 3.0m tonnes by 2025

World LPG Association (WLPGA) sees Bangladesh as one of the...

Thrust on BD to make excellent SDG progress

Bangladesh, following its outstanding progress made earlier on the key...

Mauritius to hire more Bangladeshi workers

Satisfied with the performance of Bangladeshi migrants, Mauritius said it...

Amended bank law allows four family members on board

Four members of a family instead of existing two now...

Revenue growth may remain well below the target

Growth in this fiscal's government tax-revenue collection may decline substantially,...

Half of NGOs still out of tax net

Half of the country's non-government organisations (NGOs) are still remained...

BAPEX estimates 600b cubic feet gas reserve in new well

State-owned Bangladesh Petroleum Exploration and Production Company (BAPEX) hopes that...

Meeting with donors to begin Wednesday

The government-development partners meeting, Bangladesh Development Forum (BDF), will begin...

Banks’ interest rate spread falling

A declining trend of interest rate spread in the country's...

Record number of workers went abroad in 2017 

A record number of 1.01 million workers went abroad in...

Depreciation of taka benefits Bangladeshis in Qatar

Bangladeshis, among all the expatriates in Qatar, benefitted most by...

BD worst among SA countries in production readiness index

Bangladesh has been positioned as the poorest performer among its...

NBR yet to realise Tk 218b VAT, SD arrears from Petrobangla

No visible progress has yet been made despite the government's...

Finance minister disproves CPD statement terming it ‘rubbish’

Finance Minister Abul Maal Abdul Muhith came down heavily on...

‘Low’ vegetable output yet to meet consumer requirements

The vegetable varieties grown on less than one-tenth (9.38 pc)...

Rising cotton import likely conduit for money laundering

A policy think-tank sees surging cotton import into Bangladesh as...

337.2m euro deals with Germany for energy, climate

Bangladesh and Germany have signed three bilateral agreements for implementing...

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