Business-Economy

BB moves to reshape troubled banks

Staff Correspondent: Initiatives are underway to enhance Bangladesh Bank’s authority in resolving troubled banks and stabilizing the financial sector, officials said. Several weak banks are deteriorating further due to liquidity

RMG exports to EU jump by 61pc to €1.91 bn in January

Staff Correspondent: Bangladesh’s apparel exports to the European Union kicked off 2025 with a remarkable 60.9% jump to reach €1.91 billion in January, compared to €1.19 billion in the same

LDC graduation essential for Bangladesh, export diversification crucial: Commerce adviser

Staff Correspondent: Graduating from the status of least developed country (LDC) is now a necessity for Bangladesh, and as the country relies heavily on a single-sector export, diversification is crucial,

NBR launches Spot Assessment programme to increase tax net

Staff Correspondent: The National Board of Revenue (NBR) has launched a new Spot Assessment programme to increase the tax net. Spot Assessment is an effective step to provide direct services

Ctg customs revenue up 11pc in 8 months of FY25

Staff Correspondent: Despite political instability, Chattogram Customs House, the country’s largest customs station, has collected Tk 48,271 crore in revenue in eight months of the fiscal year 24-25, showing a

Troubled banks seek additional liquidity support

Staff Correspondent: Several financially strained banks have sought additional liquidity support from Bangladesh Bank to meet the surge in cash withdrawals ahead of Eid-ul-Fitr. According to central bank sources, at