Business-Economy

Eight banks receive no remittance despite record inflows from Bangladeshi expats

Staff Correspondent: Even though Bangladesh witnessed record-breaking remittance inflows in recent times, eight banks failed to attract a single penny from expatriates. The banks with zero remittance receipts include two

Internet becomes more affordable; Faiz Taiyeb outlines multi-level price reductions

Staff Correspondent: Bangladesh is heading towards a more affordable digital future with significant reductions in internet prices across multiple infrastructure layers, said Faiz Taiyeb, Special Assistant to the Chief Adviser.

Bangladesh lost estimated Tk 226,236cr to tax evasion in 2023: CPD

Staff Correspondent: Bangladesh lost an estimated Tk 226,236 crore in tax revenue in 2023 due to evasion and avoidance, driven by the lack of a fully digitalised tax system. This

LNG import at Tk 75, selling at Tk 12–17 not sustainable: BERC Chairman

Staff Correspondent: Chairman of the Bangladesh Energy Regulatory Commission (BERC) Jalal Ahmed on Sunday said importing liquefied natural gas (LNG) at Tk 75 per unit and selling it at Tk

Benapole exceeds revenue target by Tk38cr

Staff Correspondent: Despite facing restrictions on imports, the Benapole Customs House has exceeded its revenue collection target by a substantial Tk38.19 crore during the first nine months of the 2024-25

March revenue sees 10pc YoY growth, highest in first 9 months of FY25

Staff Correspondent: The National Board of Revenue (NBR) recorded a 10% year-on-year growth in revenue collection this March, the highest for any single month in the first nine months of