Miscellany

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    Kamal, like Muhith, says govt to launch pension scheme for all

    Staff Correspondent | Updated at 12:00am on June 14, 2019

    Finance minister AHM Mustafa Kamal, like his predecessor AMA Muhith, on Thursday said that an ‘Universal Pension Authority’ would be formed soon for gradual introduction...

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    Allocation for PPP raised by Tk 500cr

    Staff Correspondent | Updated at 12:00am on June 14, 2019

    Finance minister AHM Mustafa Kamal in the proposed national budget for the fiscal year of 2019-20 has raised allocation for the public private partnership projects...

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    2pc incentive for remittance receipts proposed

    Staff Correspondent | Updated at 12:00am on June 14, 2019

    The government has proposed an allocation of Tk 3,060 crore in the budget for the next fiscal year of 2019-20 to provide two per cent...

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    Kamal sets ambitious 8.2pc growth target

    Staff Correspondent | Updated at 12:00am on June 14, 2019

    Finance minister AHM Mustafa Kamal on Thursday set an ambitious economic growth target of 8.2 per cent in the budget for the next financial year...

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    Expectations low for Trump-Xi talks, preparations limited

    Reuters . Washington/Beijing | Updated at 12:00am on June 13, 2019

    With under three weeks to go before proposed talks between the Chinese and US leaders, expectations for progress toward ending the trade war are low...

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    Reckitt picks PepsiCo executive as CEO, going outside for first time

    Reuters | Updated at 12:00am on June 13, 2019

    Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a...

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    Fahmid becomes new CCFO of Novartis

    Business Desk | Updated at 12:00am on June 13, 2019

    Fahmid Wasik Ali has been appointed as the new country chief financial officer of Novartis (Bangladesh) Limited, said a press release. Fahmid will also act...

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    Former adviser says India’s growth rate overestimated

    Reuters . New Delhi | Updated at 12:00am on June 13, 2019

    The Indian government on Tuesday defended its methodology of calculating the country’s economic growth, countering the argument of a former top economic adviser who said...

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    India May inflation hits 7-month high

    Reuters . New Delhi | Updated at 12:00am on June 13, 2019

    India’s retail inflation rate hit a seven-month high in May due to higher food prices, government data showed on Wednesday, but stayed below the central...

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    Perennial banking sector woes, poor tax receipt stain economy

    Jasim Uddin | Updated at 12:00am on June 13, 2019

    Finance minister AHM Mustafa Kamal announces today the national budget for the next fiscal year (2019-2020), his first ever budget, amid abject situation in the...

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