Business-Economy

Despite recent easing, food prices remain the main inflation driver

Staff Correspondent: Despite a modest decline in overall inflation, high food prices remain the primary driver of cost-of-living pressures in the country, contributing 42.71% to total inflation in March 2025,

Mergers proposed as 10 troubled banks drown in massive loan defaults

Staff Correspondent: A group of weak banks, including those linked to S Alam and others, are floundering under non-performing loans (NPLs) amounting to Tk1.3 lakh crore, dragging the country’s banking

RMG export totals $32.64b during July-April period

Staff Correspondent: Country’s RMG exports witnessed a healthy trend during the July-April period of the current fiscal year (FY25) totaling $32.64 billion, marking a significant 10 percent growth. According to

NBR plans advance tax on 200 duty-free imports

Food, fertilisers, raw materials: Staff Correspondent: In a move poised to disrupt supply chains and drive up costs, the National Board of Revenue (NBR) plans to impose a 2% Advance

BD received $735mn in remittances in May’s first 7 days

Staff Correspondent: Bangladesh received US $735 million in remittances in the first seven days of May, showing a 23.3 percent year-on-year growth compared to the same period last year. According

Gold price decreased by Tk1050 per bhori from Sunday

Staff Correspondent: Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk1050 per bhori, to be effective from Sunday. According to the new price, the price of a