Business-Economy

Power supply in Bangladesh faces summer strain despite smooth Ramadan

Staff Correspondent: Even though they have successfully managed power and gas supplies during the holy month of Ramadan, officials in both sectors are now facing a dilemma as they anticipate

1m of 1.5m taxpayers submitted zero returns online: NBR

Staff Correspondent: National Board of Revenue (NBR) Chairman Abdur Rahman Khan has said one million out of 1.5 million taxpayers have submitted zero returns online in the ongoing fiscal year.

Salehuddin asks secretaries to fully utilize budget allocations for people’s welfare

Staff Correspondent: Finance Adviser Dr Salehuddin Ahmed on Monday asked secretaries of the several ministries to fully utilize budget allocations for the welfare of country’s people. “During utilization of the

Bangladesh Bank lifts ban of foreign tour for NBFIs

Staff Correspondent: The Bangladesh Bank has lifted the ban on foreign travel by officers and employees of Non-Bank Financial Institutions (NBFIs). The Financial Institutions and Markets Department of Bangladesh Bank

Foreign loan commitments down 67.3pc, repayments up 29.9pc

Staff Correspondent: Loan disbursements and commitments from development partners have decreased during the first eight months of the current fiscal year, while government debt repayments have increased. According to Economic

Vessel carrying 11,500 MT rice from India arrives at Ctg port

Staff Correspondent: A vessel carrying 11,500 metric tonnes of boiled rice from India has arrived at Chittagong Port. This delivery is part of a larger import deal under an open