Business-Economy

Banks’ reliance on central bank borrowing hits record high

Staff Correspondent: Bangladesh’s commercial banks are increasingly leaning on the central bank to stay afloat, with borrowing through the repo window hitting a record Tk 1.33 trillion in May 2025,

Bangladesh’s apparel exports to EU surge to $8.07b

Staff Correspondent: Bangladesh’s apparel exports to the European Union (EU) have surged to $8.07 billion during the January-April period of 2025 up from $6.51 billion during the same period in

Govt declines PDB’s Tk 566b loan-to-subsidy proposal

Staff Correspondent: The finance ministry has turned down a proposal from the Power Division under the Ministry of Power, Energy and Mineral Resources to convert the Bangladesh Power Development Board’s

Govt moves to curb family control, protect policyholders in insurance sector

TDS Desk: The government is set to amend the Insurance Act to strengthen regulatory oversight, curb mismanagement and family control on board, and enhance protection for policyholders, following a series

Corporate tax for non-listed firms unchanged at 27.5pc

Staff Correspondent: The interim government has kept the corporate tax rate for non-listed firms unchanged at 27.5 percent for the fiscal year 2025-26, despite repeated demands from entrepreneurs and business

Remittance surges Tk 22,700cr in 18 days of June

Staff Correspondent: Remittance inflow from overseas Bangladeshis reached nearly Tk 22,700 crore in the first 18 days of June, according to Bangladesh Bank. The country received about 1.86 billion dollars