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Economy


Fitch flags execution risk in FY27 revenue targets

Bangladesh’s revenue mobilisation targets for the upcoming financial year of 2026-27 might be difficult to achieve, given the country’s weak record on tax collection and reform implementation, said the Fitch Ratings...

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BB support for Islami Bank rises to Tk 5,000cr

Bangladesh Bank on Monday provided another Tk 2,500 crore in emergency liquidity support to Islami Bank Bangladesh PLC and took direct control of its board following days of heavy deposit withdrawals and growing liquidity pressure...

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REHAB opposes 15pc gain tax on landowners’ flats

The Real Estate and Housing Association of Bangladesh on Monday opposed the proposed 15 per cent capital gain tax on flats received by landowners under joint development agreements and demanded the withdrawal of the measure, saying that it would increase housing costs and deepen the sector’s ongoing difficulties...

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Budget to curb evasion, widen tax net: NBR officials

The National Board of Revenue officials on Sunday said that the proposed budget of the 2026-27 financial year would raise revenue by cracking down on tax evasion and widening the tax base rather than increasing rates...

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Govt promoting cottage industries to empower poor women: minister

Social welfare minister Abu Zafar Md  Zahid Hossain on Sunday told parliament that the government is attaching special importance to cottage industries and handicrafts as a means of improving the socio-economic condition of poor and destitute women...

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Indonesia struggles to win back investors

Indonesia’s economy faces a perfect storm wrought by high energy prices, and while the currency has rebounded slightly, critics warn government policies are unnerving investors at a critical moment...

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Export competitiveness, inclusive growth key to economic drive

Policymakers on Saturday said Bangladesh must sharpen its export edge and extend economic opportunity to historically excluded groups, as the country navigates slowing global demand, rising trade barriers, and structural financing pressures that threaten to constrain growth...

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ICAB for coordinated action to meet FY27 revenue goal

The Institute of Chartered Accountants of Bangladesh on Saturday observed that the proposed national budget for 2026-27 financial year reflects the government’s commitment to economic stability, enhanced revenue mobilisation, employment generation, investment expansion and private sector development...