Business-Economy

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

Tomato farming using mulching method gets popular in Sirajganj

Staff Reporter: Tomato farming through mulching method is gaining popularity in the district as the method plays a vital role towards making the growers solvent and happy for the last

Tk13,200cr wiped out as BSEC strife roils market

Staff Correspondent: The benchmark index of the country’s premier bourse declined last week, erasing Tk13,200 crore from market capitalisation as investors panicked over the ongoing turmoil within the stock market