Business-Economy

Govt to export 11,000 tonnes of hilsa to KSA, UAE

Staff correspondent: The government has decided to export 11,000 metric tonnes of hilsa to Saudi Arabia and the United Arab Emirates (UAE) for Bangladeshi expatriates. “Following the request from Bangladeshi

Nearly 99% of RMG workers uninterested in Universal Pension Scheme: Survey

Staff Correspondent: Financial constraints were the primary reason for non-participation, cited by 90.6% of workers, while 6.7% expressed concerns over the scheme’s long-term sustainability. Additionally, 2.7% of workers were unaware

IMF defers $645m loan disbursement to June

Staff Correspondent: The IMF will discuss disbursing $645 as part of a $4.7 billion loan package for Bangladesh in June instead of March as both the Prof Yunus-led government and

Import bills for rice, gas unpaid due to dollar crisis: NBR chairman

Staff correspondent: The bills for importing essentials such as rice and gas cannot be paid due to the prevailing dollar crisis, Chairman of the National Board of Revenue (NBR) Abdur

Banks’ un-invested cash wanes again after buildup

Staff correspondent: The volume of un-invested cash in the banking sector dropped again after a significant buildup following direct credit feeding by the central bank to revive the liquidity-starved commercial

NBR plans to ease duty-free imports for small, non-bonded exporters

Staff Correspondent: The National Board of Revenue (NBR) is considering letting small-scale exporters without bonded warehouse licences import raw materials duty-free using a bank guarantee for the applicable taxes. This