Your evening brief - Bangladesh's Tax to GDP ratio 7.5%, lowest in world
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February 09, 2023

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THURSDAY, FEBRUARY 09, 2023
Your evening brief - Bangladesh's Tax to GDP ratio 7.5%, lowest in world

Daily Brief

TBS Report
01 December, 2022, 05:00 pm
Last modified: 01 December, 2022, 07:57 pm

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Your evening brief - Bangladesh's Tax to GDP ratio 7.5%, lowest in world

TBS Report
01 December, 2022, 05:00 pm
Last modified: 01 December, 2022, 07:57 pm
Your evening brief - Bangladesh's Tax to GDP ratio 7.5%, lowest in world

The tax-to-GDP ratio of Bangladesh is 7.5%, which is the lowest among all the countries in the world, said Planning Minister MA Mannan. The minister made the statement during his speech as the chief guest at the opening session of the three-day Annual Bangladesh Institute of Development Studies (BIDS) conference on Post-Covid Challenges in an Uncertain and Divisive World. Read more

Among a number of incidents taking place on Wednesday (30 November), take a quick look at some of the most important news items The Business Standard has compiled for you…


EU apparel imports from Bangladesh see the highest growth

The European Union's apparel import from Bangladesh has increased by 45.26% during the first eight months of 2022 compared to the same period last year. Read more


Uninterrupted power supply to be ensured through improvement in distribution: Nasrul

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the uninterrupted power supply will continue through strengthening the distribution network. Read more


Bomb blasts happening in Dhaka in BNP's name is a plot: Mirza Abbas

Photo: UNB
Photo: UNB

BNP senior leader Mirza Abbas on Thursday alleged that an evil quarter has been exploding crude bombs with slogans in BNP's name as part of a plot to have the opposition leaders and activists arrested in "false" cases. Read more


Remittance shock continues in Nov since introduction of single exchange rate

The inflow of remittance continues to suffer in November since the single exchange rate was imposed for all banks back in September. Read more


BNP men throng Rajshahi city two days before rally

Leaders and activists of BNP and its associate bodies have started thronging Rajshahi city where the party is going to hold its ninth divisional rally on Saturday (3 December). Read more


Interest cap will be lifted in good time: BB governor

Bangladesh Bank (BB) Governor Abdur Rouf Talukder today said the central bank will lift the interest rate cap on bank loans but this is not the right time to withdraw it. Read more


Appellate Division stays HC verdict that barred cheque dishonour cases

The Appellate division has stayed the High Court verdict which barred banks and financial institutions from filing cheque dishonour case for debt recovery. Read more


 

BNP seeks IGP's help to resolve 'fictitious' cases against leaders

Bangladesh Nationalist Party (BNP) urged the Inspector General of Police (IGP) Abdullah Al-Mamun to take steps to resolve the filing of illegal and fictitious cases against the party leaders and activists by the police. Read more


Departmental action against 134 officials over Gaibandha-5 by-election irregularities: CEC

Total 134 election officials will face departmental action for the reported irregularities during the Gaibandha-5 by-polls, says Chief Election Commissioner (CEC) Kazi Habibul Awal. Read more


YouTube removed 112,930 videos from Bangladesh between July-September this year

Online video sharing and social media platform YouTube removed 112,930 videos from Bangladesh between July-September of this year, the company said in its Transparency Report for Q3 2022. Read more


Transport strike in Rajshahi begins ahead of Saturday's BNP rally

Rajshahi Transport Owners Association started their indefinite strike in all eight districts of the division on Thursday morning (1 December). Read more


Myanmar democracy leader says 2,000 dead fighting junta, urges military aid

At least 2,000 pro-democracy fighters have been killed in Myanmar battling a military junta that seized power last year, the head of a parallel civilian government said in an interview aired on Thursday, urging allies to provide military aid. Read more


India likely to overtake Japan, Germany to become third-largest economy by 2030 

India is set to become the world's third-largest economy by 2023, overtaking Japan and Germany, according to S&P Global and Morgan Stanley. Read more


Ukraine's Kherson loses power supply after Russian shelling

The recently liberated Ukrainian city of Kherson has lost its power supply after heavy shelling by Russian forces, the regional governor said on Thursday. Read more


India's G20 presidency to seek depoliticisation of global supply of food, fertilizers, medical products

The previous 17 Presidencies of the G20 delivered significant results – for ensuring macro-economic stability, rationalising international taxation, relieving debt-burden on countries, among many other outcomes. We will benefit from these achievements, and build further upon them. Read more


Former US President Clinton tests positive for Covid

Former US President Bill Clinton said in a tweet on Wednesday that he has tested positive for Covid-19 and experiencing mild symptoms. Read more

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Daily brief / Evening brief

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