Monday | 7 October 2024 | Reg No- 06
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Observer Online Desk
Inflation in Bangladesh to rise to 10.1% in FY 2024-25, ADB projectsThe Asian Development Bank (ADB), in its latest outlook, has projected that inflation in Bangladesh will rise to 10.1 per ...
Business Desk
ASA to disburse Tk 48,000 cr loan during 2024-25 FY ASA, the leading MFI of the country has undertaken a target of disbursing loan Tk 48,000 crore among 6.6 million ...
Business Correspondent
Export earnings may grow by 12.4 per cent in FY 25 Finance and Commerce Advisor Dr Salehuddin Ahmed said export earnings may grow by around 12.40 percent in fiscal 2024-25 pointing ...
Nurul Amin
Current FY begins with boom in maritime trade CHATTOGRAM, Sept 5: Maritime trade of the country began with a boom this fiscal despite political turmoil, dollar crisis and ...
ADP execution rate notches 1.05pc in first month of FY25The implementation rate of the Annual Development Programme (ADP) during the first month (July) of the current fiscal year (FY25) ...
Shamsul Huda
Balance of Payments shows resilience in FY24 compared to FY23Bangladesh's balance of payments for FY24 showed resilience, despite global and local challenges, with significant improvements in key areas compared ...
Business Correspondent
BB earns net profit of Tk 15,100cr in FY 24Bangladesh Bank (BB) has earned a record income of around Tk 40.000 crore in 2023-24 and out of it the ...
Observer Online Desk
External interest payment increased by 162pc during July-March FY24External interest payment increased by 162 percent year-on-year in the first nine months of the last fiscal year 2023-24 (FY24) ...
LC openings slightly increase in FY '24Letters of credit (LCs) for imports were reportedly opened more frequently in FY '24 than in FY '23, despite market ...
Bangladesh-India bilateral trade hit $13b in FY '24Bangladesh has been a crucial ally to India since Hasina came to power in 2009, helping to eliminate anti-India terrorist ...
Pak trade deficit in services widens 122pc in FY24ISLAMABAD, Aug 3: The trade deficit in services widened by 122 per cent to $2.31 billion during the previous fiscal ...
Business Desk
BASIC Bank signs APA with FID for FY 2024-2025State-owned BASIC Bank Ltd signed an Annual Performance Agreement (APA) with the Financial Institutions Division (FID) of the Ministry of ...
LTU fetches record Tk 73,660cr revenue in FY24The Large Taxpayers Unit (LTU) under the National Board of Revenue (NBR) fetched a record Taka 73,660 crore revenue from ...
Business Correspondent
Out of over 1cr TIN holders 59pc didn't file tax return in FY24: NBRBangladesh reached a milestone point registering one crore Taxpayer Identification Numbers (TINs) recently, yet nearly 59 percent of these individuals ...
Observer Online Desk
DSCC announces Tk 6,760.74cr budget for FY2024-25Dhaka South City Corporation (DSCC) has announced a budget of Tk 6,760.74 crore for fiscal year of 2024-25.DSCC Mayor Barrister ...
Business Correspondent
FY 24 revenue hits Tk 3.82 lakh crore, falls short of targetThe National Board of Revenue (NBR) collected a little over Tk3.82 lakh crore in the fiscal 2023-24, marking an over ...
Observer Online Desk
Khulna's fish export earnings decline by Tk 679 crore in FY Khulna experienced a decline in export earnings from fish by Tk 679 crore in the last fiscal year (2023-24). Fish and ...
Observer Online Desk
Revenue collection witnesses healthy 15.40% growth in FY24Revenue collection by the National Board of Revenue (NBR) witnessed a healthy 15.40 percent growth in the last fiscal year ...
Mizanur Rahman
Foreign debt, interest repayment rise by 25.73pc to $33.5b in FY’24The principal amount and interest on the country's foreign debt repayment increased by 25.73 percent to $33.5 billion in fiscal ...
Pak exports to Europe dip in FY24 despite GSP+ISLAMABAD, July 28: In what appears to be a big concern for policymakers, Pakistan's exports to European countries fell 3.12 ...
Jibon Islam
State-owned enterprises set to incur Tk 28,000cr loss in FY25  State-owned enterprises are set to lose around Tk 28,000 crore this year as against Tk 6,000 crore over the last ...
Business Correspondent
Trade deficit down by $6b in 11 months of FY 24 Despite a decline in exports, Bangladesh's trade deficit decreased by $6 billion to $20 billion in the first 11 months ...
Business Correspondent
ADB lowers BD growth forecast at 6.5pc for FY 25The Asian Development Bank (ADB) has revised downward the country's economic growth projection and said inflation might creep up further ...
India lowers fiscal deficit target to 4.9pc of GDP for FY25July 24: The Indian government on Tuesday lowered its fiscal deficit target to 4.9% of GDP for the financial year ...
Observer Online Desk
BB unveils 'cautiously tight' monetary policy for 1st half of FY25Bangladesh Bank (BB) on Thursday announced 'cautiously tight' Monetary Policy Statement (MPS) for the first half of the current fiscal ...
Business Correspondent
Transactions using credit cards declines in May FY 24 The use of credit cards by Bangladeshi nationals- both locally and internationally saw a decline in May 2024 compared with ...
Business Correspondent
NBR plans to collect Tk 11,450cr additional VAT in FY25The National Board of Revenue (NBR) plans to collect an additional Tk11,450 crore by increasing value-added tax (VAT) rate and ...
Business Correspondent
Japan revising co-operation plan to help BD execute its 9th FYP Japan is revising its cooperation plan align to Bangladesh needs in the light of its 9th five year plan. They ...
Observer Online Desk
Japan to support Bangladesh to implement 9th FYP, Perspective PlanPlanning Minister Major General (retd) Abdus Salam Wednesday expressed his hope that Japan would stand beside Bangladesh towards enhancing capacity ...
Business Correspondent
GDP reaches 6.12pc in Jan-March of FY24In the third quarter of the fiscal 2023-24 in January-March period, Bangladeshs GDP grew by 6.12 percent as per Bangladesh ...
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