Business-Economy

Apparel export to US sees strongest growth in Jan 25

Staff Correspondent: Bangladesh has emerged as the fastest-growing apparel exporter to the United States in January 2025, recording a remarkable 45.93% year-on-year growth, according to the latest data published by

Govt to procure one cargo of LNG, 72,897 SPC poles

Staff Correspondent: The government approved separate proposals on Tuesday for procuring one cargo of LNG and 72,897 SPC poles to meet the growing demand for energy and strengthen the country’s

Tax exemption likely to be phased out: NBR Chairman

Staff Correspondent: National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Tuesday said the government will gradually reduce tax exemptions and may eventually abolish the system. “We do

Private credit growth slips to decade-low 7.15pc

Staff Correspondent: Since the fall of the Awami League government in August last year, the country has been experiencing political instability and disruptions in law and order, leading to a

Govt borrowing from commercial banks in FY25 rises 74pc

Staff Correspondent: Government borrowing from commercial banks has increased by 74% in the current fiscal year primarily due to low private sector credit growth and plans to reduce its debt

Remittance inflow surges amid forex reserve crisis

Staff Correspondent: Bangladeshi expatriates sent US $814.29 million in remittances in the first eight days of March, according to the latest update from Bangladesh Bank. Of this amount, $231.35 million