Business-Economy

LDC graduation essential for Bangladesh, export diversification crucial: Commerce adviser

Staff Correspondent: Graduating from the status of least developed country (LDC) is now a necessity for Bangladesh, and as the country relies heavily on a single-sector export, diversification is crucial,

NBR launches Spot Assessment programme to increase tax net

Staff Correspondent: The National Board of Revenue (NBR) has launched a new Spot Assessment programme to increase the tax net. Spot Assessment is an effective step to provide direct services

Ctg customs revenue up 11pc in 8 months of FY25

Staff Correspondent: Despite political instability, Chattogram Customs House, the country’s largest customs station, has collected Tk 48,271 crore in revenue in eight months of the fiscal year 24-25, showing a

Troubled banks seek additional liquidity support

Staff Correspondent: Several financially strained banks have sought additional liquidity support from Bangladesh Bank to meet the surge in cash withdrawals ahead of Eid-ul-Fitr. According to central bank sources, at

Summer power crisis looms as renewable lags

Staff Correspondent: As summer approaches, the sweltering heat of Chaitra looms over Bangladesh, pushing both public life and agricultural fields to their limits. With rising temperatures, the demand for electricity

NPLs in S Alam-controlled banks under Hasina jumps by Tk86,000cr in Jul-Dec

Staff Correspondent: Non-performing loans (NPLs) in eight banks, including Islami Bank, controlled by S Alam Group during the Awami League regime, have risen by Tk86,347 crore in six months through