Business-Economy

$70bn investment threatened by gas crisis

Staff Correspondent: A severe gas supply crisis has suddenly emerged in the textile sector, including ready-made garments, the country’s top export-earning sector. As a result, industrialists and exporters have become

Inflation falls to 9.17pc in April, food inflation drops to 8.63pc

Staff Correspondent: Inflation has declined again in the month of April, reaching 9.17%, down from 9.35% in the previous month, according to the Bangladesh Bureau of Statistics (BBS). According to

EIB to provide €350m loan for Bangladesh’s renewable energy projects

TDS Desk: The European Investment Bank (EIB), the European Union’s (EU) main lending arm, has approved a €350 million framework loan for the implementation of renewable energy projects in Bangladesh.

April sees lowest exports in 10 months of FY25

Long Eid vacation, gas crisis Staff Correspondent: April recorded the lowest export earnings in the past 10 months (July to April) of the current fiscal year 2024-25 (FY25), with exports

NBR to set targets for tax officials to curb evasion, boost compliance

TDS Desk: National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Sunday announced that tax officials will be given specific targets to increase tax collection from individuals and

BB to release newly designed banknotes ahead of Eid

Staff Correspondent: Bangladesh Bank has planned to circulate newly designed banknotes in the market before Eid-ul-Azha, according to sources at the central bank. The redesigned notes will feature graffiti commemorating