Business-Economy

External balance swings to surplus after 3 years

Staff Correspondent: The country’s balance of payments returned to a surplus in the fiscal year (FY) 2024-25, ending a three-year spell of deficits. The turnaround has been attributed to stronger

12kg LPG cylinder price reduced by Tk91

Staff Correspondent: The price of a 12kg LPG cylinder at the consumer level has been reduced by Tk91 to Tk1,273. The Bangladesh Energy Regulatory Commission (BERC) announced the new price

Online tax return filing made mandatory for all taxpayers

Staff Correspondent: The National Board of Revenue (NBR) has made it mandatory for all taxpayers to submit their income tax returns online. The announcement was made on Sunday, in a

How secure is dependence on remittance?

Staff Correspondent: Bangladesh’s economy continues to lean heavily on the flow of remittances from migrant workers, a key driver for foreign reserves, debt repayments and import payments. In the past

Tourism, hospitality sectors face skilled manpower crisis amid soaring demand

TDS Desk: Bangladesh’s tourism and hospitality industry is set for rapid expansion, yet academic institutions are failing to produce enough skilled graduates, leaving a severe manpower shortage that threatens its

Confidence in financial sector continues to erode

TDS Desk: It has been a year since the country’s political landscape changed, yet there is still no sign of political relief. The prospect of consensus among political parties on