April 26, 2025, 11:40 am
Business-Economy

BB ED appointed as MD of ICB Islami Bank

Staff Correspondent: Bangladesh Bank has appointed its Executive Director (ED) Mojibur Rahman as the Managing Director of ICB Islami Bank. The central bank made the decision after dissolving the bank’s

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RMG corporate tax likely to double

Staff Correspondent: The apparel exporters may face another blow from the National Board of Revenue (NBR) as it plans to increase its corporate tax rate to up to 20% from

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BD eyes foreign investment to unlock agro-processing potential

Staff Correspondent: Market forecasts suggest the processed food sector, now valued at $4.8 billion, will grow to $5.8 billion by 2030 with over 70 million tonnes of agricultural production annually

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‘Foreign investment pipeline created, continuous monitoring, communication to be maintained’

Staff Correspondent: A foreign investment pipeline has been created through this year’s investment conference and continuous communication will be made with institutions which have proposed or promised to invest, Bangladesh

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Bad loans must be cut to ensure good governance in banks: Speakers

Staff Correspondent: Economists, researchers and academics have emphasised curtailing non-performing loans to ensure good governance in the banking sector and make the country’s economy vibrant. They also said that growing

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Electricity imports from India rise amid growing demand

Staff Correspondent: With the rising demand, electricity imports from India have increased. Currently, 17.13% of the total electricity produced in Bangladesh is coming from India. This increase in import has

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