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Proposed SEZs to get Tk300cr for land acquisition

The government has decided to allocate Tk300 crore in the upcoming budget for acquisition of lands for the proposed special economic zones. Against the backdrop of huge complaints lodged by…

Exports earnings rise 13% in July-April period

The country’s export earnings rose by over 13% to US$24.65bn garment sector in the first 10 months of the current fiscal year compared to the same period of last financial…

NBR to launch online tax return submission from Jan ’15

The National Board of Revenue (NBR) will launch online tax return submission system from January next in a bid to facilitate taxpayers, NBR chief said Wednesday. The revenue board will…

Bangladesh: second most liberalised economy in trade in South Asia

Bangladesh has made significant improvements in trade liberalisation in recent times due to numerous policy reforms. In terms of total trade as percentage of gross domestic product, the country is…

Govt to set $70b export target in 7th five-year plan

The government is set to fix the export target at US$70 billion in its 7th Five-Year Plan to be implemented at the end of the 6th Five-Year Plan next year,…

BD Govt eyes Japanese investment in power sector

BD Govt eyes Japanese investment in power sector

To attract Japanese investors to invest in Bangladesh’s power projects, especially coal-fired power projects, the Power Division will hold a “Japanese investors’ seminar??? in Tokyo on April 24-25. “A 10-member…

New Delhi allowed power corridor

New Delhi allowed power corridor

Dhaka has decided to allow New Delhi to transmit power through Bangladeshi soil in exchange for providing 500-1000MW of power to Bangladesh every day. According to the plan, India will…

Bangladesh needs $74bn by 2020 to improve infrastructure

The amount is 7.38% of the country’s GDP per year and second highest among South Asian region that needs $2.5tn on infrastructure by 2020 to serve its growing population Bangladesh…

e-TIN registration deadline extended till June 30 next.

The National Board of Revenue (NBR) has extended e-TIN registration deadline till June 30 next. After introduced on July 1 last year, the board earlier extended the timeline for several times.…

New budget to focus on increasing investment

The government will present an ambitious budget, possibly of Tk 250,000 crore, for the next fiscal year, focusing mainly on increasing investment, Finance Minister AMA Muhith said yesterday (27 March…