Economy
Nonprofits trim operations, facing funding headwinds
Tax gap is 7.5pc of GDP in Bangladesh: UNESCAP
https://thefinancialexpress.com.bd/economy/tax-gap-is-75pc-of-gdp-in-bangladesh-unescap-1526810502
BD economy to register 7.10pc growth: UN
https://thefinancialexpress.com.bd/economy/bd-economy-to-register-710pc-growth-un-1526803672
Land acquisition delay backpedals on regional railway project
Bangladesh government plans two VAT rates in next budget
http://www.newagebd.net/article/41640/bangladesh-government-plans-two-vat-rates-in-next-budget
Bank
State banks on a loan rescheduling spree
https://www.thedailystar.net/business/state-banks-loan-rescheduling-spree-1579170
Energy
Chinese company willing to build second nuke power plant in Bangladesh
Household gas shortage in city worsens during Ramadan
800-MW power project in Khulna awaits ECNEC nod
http://www.theindependentbd.com/post/150648
Textile
Industries to get 2,000 new gas connections
https://www.thedailystar.net/business/industries-get-2000-new-gas-connections-1579176
Economy
Nonprofits trim operations, facing funding headwinds
Stories of Bangladesh's growth and prosperity have swayed the donor community to commit less aid for legions of non-governmental organisations (NGOs) in the country, forcing the nonprofits to trim operations.
Tax gap is 7.5pc of GDP in Bangladesh: UNESCAP
Tax gap in Bangladesh is estimated at 7.5 per cent of the country's Gross Domestic Product (GDP) – which is one of the highest in Asia and the Pacific Region.
BD economy to register 7.10pc growth: UN
Bangladesh economy is going to post 7.10 per cent growth in the current fiscal year, the United Nations says. It also mentioned that the growth of Gross Domestic Product (GDP) is expected to remain above 7.0 per cent in 2018 and 2019. The report also projected that the annual rate of inflation would be 5.4 per cent in the current year.
Land acquisition delay backpedals on regional railway project
The railway's regional connectivity project faced delay as over 100-kilometre rail line from Dohazari of Chattogram to Cox's Bazar could not be constructed upon failure to acquire land.
Bangladesh government plans two VAT rates in next budget
The government is planning to merge several value-added tax rates into at least two rates in the upcoming national budget for the fiscal year 2018-2019.
Bank
State banks on a loan rescheduling spree
State-run banks are fervently rescheduling loans with a view to flattering their true financial health. In 2017, Sonali, Janata, Agrani, Rupali and BASIC rescheduled loans amounting to about Tk 5,000 crore, in contrast to Tk 3,300 crore a year earlier, according to data from the central bank.
Energy
Chinese company willing to build second nuke power plant in Bangladesh
China's state-owned company -- Dongfang Electric Corporation (DEC) -- wants to build the proposed second nuclear power plant in Bangladesh.
Household gas shortage in city worsens during Ramadan
Residents in most areas of Dhaka city have complained of a decrease in gas supply for domestic use during Ramadan. There is no gas supply from 8:00am until midnight almost every day, preventing them from cooking iftar items.
800-MW power project in Khulna awaits ECNEC nod
The government has undertaken a big move to set up a 800 MW combined cycle power plant on the abandoned land of Khulna Newsprint Mills Limited to meet the growing demand of power in the country. The commission has already reviewed a draft project of the Power Division titled 'Construction of Roopsa 800 MW combined cycle power plant' and it is likely to be placed before the ECNEC meeting on Tuesday.
Textile
Industries to get 2,000 new gas connections
The textile factory owners see an increase in their productivity, as the government has finally decided to allocate 2,000 new industrial gas connections and supply adequate gas to the existing units.