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Bangladesh to attain targeted GDP growth in current fiscal: Kamal

Finance Minister AHM Mustafa Kamal yesterday expressed his optimism that Bangladesh would be able to attain its targeted 8.1 to 8.2 percent GDP growth at the end of current fiscal year (FY21) and the country would again atop other Asian countries in GDP growth attainment this year. “Our inward remittance flow

Brazil economy minister hit by loss of 2 top deputies

RIO DE JANEIRO, AFP – Brazilian economy minister Paulo Guedes said Tuesday two of his top deputies had resigned in a “stampede,” news that could rattle market confidence in his reform agenda for Latin America’s biggest economy. Guedes, the powerful free-market guru to far-right President Jair Bolsonaro, is battling to steer

ADB expects Bangladesh’s GDP to grow by 7.5 in FY2021

The Asian Development Bank (ADB) said, it expects gross domestic product (GDP) of the country to grow by 4.5% in fiscal year 2020 and by 7.5% in 2021. ADB made this growth forecast in its latest report of Asian Development Outlook (ADO) 2020 Supplement on Thursday, reports UNB. For the effect of

IS BANGLADESH READY FOR A DIGITAL ECONOMY?

Malaysian startup Aladdinstreet, an exclusive premium quality and halal focused commodity e-marketplace that caters to both B2B and B2C communities over the Internet in Malaysia and overseas. Brand360 is a branding and marketing consultancy company, focused on building strategy, brand design and marketing. EOnnet is another Malaysian startup that provides

THE ‘SILENT’ RISE OF INCOME TAX

When Finance Minister AMA Muhith in June 1 talked about tax measures in his budget speech in parliament, Wasim Hussain, a software engineer and one of the 12 lakh taxpayers of the country, felt something was wrong. Being a practitioner of computer science, Hussain is good with numbers, but he

MY COMMENTS ON THE BUDGET 2017-18

Anis A. Khan Managing Director & CEO Mutual Trust Bank Limited (MTB) 1) The budget is ambitious, especially the GDP growth rate of 7.4%. However, Bangladesh is taking great strides to become a middle income country and ambition is good. 2 The interest rate on National Savings Certificates should be decreased to

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