FY24

Balance of Payments shows resilience in FY24 compared to FY23

Shamsul Huda

Bangladesh's balance of payments for FY24 showed resilience, despite global and local challenges, with significant improvements in key areas compared ...

External interest payment increased by 162pc during July-March FY24

Observer Online Desk

External interest payment increased by 162 percent year-on-year in the first nine months of the last fiscal year 2023-24 (FY24) ...

Pak trade deficit in services widens 122pc in FY24

ISLAMABAD, Aug 3: The trade deficit in services widened by 122 per cent to $2.31 billion during the previous fiscal ...

LTU fetches record Tk 73,660cr revenue in FY24

The Large Taxpayers Unit (LTU) under the National Board of Revenue (NBR) fetched a record Taka 73,660 crore revenue from ...

Out of over 1cr TIN holders 59pc didn't file tax return in FY24: NBR

Business Correspondent

Bangladesh reached a milestone point registering one crore Taxpayer Identification Numbers (TINs) recently, yet nearly 59 percent of these individuals ...

Revenue collection witnesses healthy 15.40% growth in FY24

Observer Online Desk

Revenue collection by the National Board of Revenue (NBR) witnessed a healthy 15.40 percent growth in the last fiscal year ...

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 ...

GDP reaches 6.12pc in Jan-March of FY24

Business Correspondent

In the third quarter of the fiscal 2023-24 in January-March period, Bangladeshs GDP grew by 6.12 percent as per Bangladesh ...

Benapole Custom House fetches record Tk 6,164.59cr revenue in FY24

Observer Online Desk

The Benapole Custom House fetched a record Taka 6,164.59 crore revenue in the last fiscal year (FY24) which was also ...

Exports fetch $55.28b, fall $6.61b short of target in FY24

Business Correspondent

Bangladesh exports fetched $55.28 billion in the fiscal year 2023-24, falling $6.61 billion short of target and 0.49 per cent ...

Ctg Custom House registers record Tk 68,866cr revenue in FY24

Observer Online Desk

The Chattogram Custom House registered a record Taka 68,866.54 crore revenue in the last fiscal year (FY24) having a growth ...

RU approves Tk 519cr budget for FY24-25

RAJSHAHI, July 2: Rajshahi University (RU) has approved Taka 518.95 crore annual budget for the 2024-2025 financial year giving the ...

JS passes Tk7,97,000cr budget for FY24-25

Staff Correspondent

The Jatiya Sangsad on Sunday passed Tk7,97,000 crore budget for fiscal 2024-25 setting the goal of economic growth at 6.75 ...

JU approves Tk 318.44cr budget for FY24-25

Allocation for research remains almost same

JU Correspondent

JU approves Tk 318.44cr budget for FY24-25

Jahangirnagar University on Saturday approved its annual budget of Tk 318.44 crore for the fiscal year 2024-25, keeping a small ...

CCC announces Tk 1,981.52cr budget for FY24-25

CHATTOGRAM, June 27: Chattogram City Corporation (CCC) on Thursday announced Taka 1981.52 crorebudget for the fiscal year 2024-25.Reazaul Karim Chowdhury, ...

DU announces Tk 9.45b budget for FY24-25

The authorities of Dhaka University (DU) on Wednesday announced a proposed budget of Taka 9.45 billion for the fiscal year ...

Foreigners remitted out $130.6m in first 10 months of FY24

Business Correspondent

Foreigners living in Bangladesh remitted a total of $130.58 million to their respective countries in the first ten months of ...

Bangladesh business climate degrades in FY24: MCCI

Business Correspondent

Starting a business, flow of regulatory information, infrastructure, paying taxes and such other factors turned more difficult in Bangladesh during ...

ADP implementation rate falls to 49.26pc in first 10 months of FY24

Mizanur Rahman

The implementation rate of the Annual Development Programme (ADP) has decreased significantly in the current fiscal year 2023-24. In the ...

Foreign loan drops in July-February FY24

Business Correspondent

The countrys net receipts of foreign loans and grants dropped in July-February period of the current financial year 2023-24 compared ...

Singer turnover rises by 7.3pc to Tk 3.7b in Q1 FY24

Business Desk

Singer Bangladesh Ltd announced its unaudited results for the 1st quarter ended March 31, 2024. Q1, 2024 turnover increased to ...

Robi posts strong Q1 FY24 growth riding on highest 4G adoption

Business Correspondent

Robi closed the first quarter of this year (Q124) with strong data-led growth momentum, despite macroeconomic challenges and highly competitive ...

ADB forecasts BDs growth at 6.1pc in FY24, higher than WBs

Business Correspondent

Bangladeshs economy is projected to grow 6.1 percent in fiscal 2023-24, riding on exports, according to the Asian Development Bank. ...

BMI forecasts BD growth at 5.4pc in FY24

Business Correspondent

The countrys exports will continue to contribute to its economic growth in the short term although high inflation, a weaker ...

Indias tech sector growth rate seen halving to 3.8% in FY24

Feb 17: Indias technology sector is expected to grow at a slower pace this fiscal year as clients hold back ...

House rent rises by nearly 6pc in Q2 FY24: BBS

Business Correspondent

House rent in Bangladesh rose by an average of 5.89 percent in the the second quarter (October-December) of Financial Year ...

ADP spending quite low at 22.48pc in first half of FY24

Business Correspondent

Project implementation under the Annual Development Programme (ADP) is reportedly going slow in the current fiscal 2023-24 budget having just ...

Walton records profit growths in July-Dec of FY24

Business Desk

Walton Hi-Tech Industries PLC has recorded profit growth during the period July-December of the current Financial Year 2023-24.The Bangladeshi electronics ...

BB Unveils H2FY24 Monetary Policy

Growth not factor, taming inflation is priority: BB Governor

Shamsul Huda

Bangladesh Bank (BB) has announced a contractionary monetary policy for January-June period of 2023-24 on Wednesday placing top priority on ...

H2FY24 Monetary Policy Tomorrow

Crawling Peg System likely to be introduced in exchange rates

Shamsul Huda

In a strategic move for the next six months (H2) of the current financial year (FY24), Bangladesh Bank is likely ...