Bangladesh’s GDP expected to grow by 7% in 2018 and 7.2% in 2019 . Bangladesh’s inflation rates forecasted at 6.1% in 2018 and 6.3% in 2019 – ADB Report
Bangladesh is going to celebrate its biggest sacrificial religious event of 2019 on 12 August. This year Eid market is 29% Bigger than the previous year, which could hit 5 Billion USD. Eid al-Adha is the second of two Islamic holidays celebrated worldwide each year and considered the holier of the two. people Sacrifice Cttale […]
In a remarkable twist of Bangladesh Flag Carrier ” Bangladesh Biman ” made its USD 32 Million Dollar profit in 2018-19 . while it was incurred a loss of around Taka 23 Million in 2017-2018fiscal. Biman’s expenditure was 657 Million against its income of USD689.4–resulting in a net profit of 32.38 million usd in 2018-2019
Bangladesh National Board of Revenue Collected 26.65 Billion Dollar Tax revenue in 2019, What was 10.7 percent higher than the previous year. The revenue collection Target was 33.34 Billion Dollar. According to the NBR, of the overall revenue collection in 2019, income tax accounts for 32.6 percent & value-added Tax accounts 39.1 percent, customs accounts
In the 2nd ECNEC meeting of the fiscal year (FY20) approved eight projects involving USD 612 Million or BDT 5142 Corror. Of the total project cost, BDT 4,129.81 crore will come from the Government Fund while Taka 1,012.55 crore from project assistance. 2nd ECNEC meeting of the 2019-2020 Eight project – $612 Million 2nd ECNEC
As Bangladesh expected to achieve 8.0% growth in 2019 and 2020 – Its received 3.61 Billion dollars Foreign investment in 2018 an increase of 67.94 percent from a year earlier. The Energy sector recived the highest amount of FDI of $1.01 billion, the food at $729.69 million, textile and weaving at $408.08 million, leather products
The size of the proposed budget for Bangladesh FY 2019-20 is 62 Billion dollars. . The debt to GDP ratio is 32 percent. The country achieved self-sufficiency in food by raising foodgrains production to 2 crore 68 lakh metric tons. The size of GDP is US$ 302.4 billion. The budget deficit for the current fiscal
Prime Minister Sheikh Hasina lead government allocated more than 7.6 billion dollar development project in the first four months of 2019. Most of the development allocation was for electricity and Railway.As this government put emphasis on energy and communication this will further boost the capability of this Nations overall growth. From this 7.6 billion dollars 2.2
Recently French defense equipment giant Thales Group was awarded 100 million dollar contract for Dhaka Hazrat Shahjalal International Airport, Air Traffic Management system including Advance radar and surveillance system. The company will set up a Communication, Navigation and Surveillance Air Traffic Management (CNS\/ATM) system with a multi-mode radar . The Thales ILS 420 is the
In 2018 Bangladesh Government Gazettes Published list of 145 top company and Individual Taxpayer . As Bangladesh GDP reached 249.7 billion USD in 2017 , Those performing Company and Individual played a significant role in this journey . In the Individual top 5 tax payer , Board of Square group have 3 seat while in
The Turkish consumer electronics manufacturer Arçelik has completed Majority acquisition of Bangladesh Top Electronics Retailers singer . Singer is Publicly traded company in Bangladesh . Under the agreement, Ardutch BV, a wholly owned subsidiary of Arçelik, would acquire a 57 percent stake in Singer Bangladesh’s majority shareholder from Retail Holdings Bhold BV, remaining 43% is
