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Economy


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Experts suggest setting up stable tax policy

Experts on Monday called for establishing a stable tax policy as they criticised the National Board of Revenue for its lack of accountability in deciding why taxes are exempted, increased or reduced...

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Make NBR more efficient: Salehuddin

Finance adviser Salehuddin Ahmed on Monday said that increasing the efficiency of the National Board of Revenue was essential for the growth of business in the country...

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BEPZA attracts 29pc of total FDI in FY24

The Bangladesh Export Processing Zone Authority drew 29 per cent of the total foreign direct investment of the country in the 2023-24 financial year, claimed the BEPZA...

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Financial account deficit hit $581m in July-Nov

The financial account deficit surged to $581 million in the first five months (July–November) of FY2024–25, an increase from a $206 million deficit recorded in the July–October period, primarily due to higher loan repayments coupled with poor loan inflows...

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Dollar holdings by banks hit 5-yr low

The dollar amounts held by Bangladesh’s commercial banks dropped to a five-year and six-month low in December 2024, reflecting the severe impact of Bangladesh Bank’s mismanagement amid a prolonged dollar crisis...

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Inflation can be reduced to 6-7pc in next fiscal, says economist Zahid

Zahid Hussain, a prominent figure and former lead economist at the World Bank’s Dhaka office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 per cent in the next fiscal year (FY26) if the country does...

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BCI calls for delaying LDC graduation by 3 years

The Bangladesh Chamber of Industries on Saturday urged the government to postpone the country’s graduation from the Least Developed Countries category for at least three years...

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Taiwan economic growth accelerates in 2024

Taiwan’s economy expanded four times faster than the year before in 2024, government data showed Friday, thanks to global demand for the island’s high-tech exports.