Business-Economy

BD received $1.05 b in remittances in first 12 days of April

Staff Correspondent: Bangladesh received remittances amounting to US$1.05 billion in the first 12 days of April, according to the latest data released by Bangladesh Bank. This amount reflects a daily

Titas Gas to begin smart prepaid meter installations from 2026

Staff Correspondent: Titas Gas Transmission and Distribution PLC will begin installing smart prepaid gas metres in 2026, having already appointed one project management consultant (PMC) while the selection of a

NBR mulls uniform tax rate across sectors; RMG owners oppose

Staff Correspondent: The National Board of Revenue (NBR) is considering introducing a uniform tax rate across all sectors to eliminate disparities, the board’s Chairman Abdur Rahman Khan said on Sunday

Gas prices for new industries, captive power plants raised by 33pc

Staff Correspondent: The Bangladesh Energy Regulatory Commission (BERC) has raised the gas prices for new industries and captive power plants by 33 percent, effective from April 13 (Sunday). According to

Bangladesh’s gross Forex reserves reach $26.15bn

Staff Correspondent: Bangladesh’s gross foreign exchange reserves have reached $26.15 billion, according to the latest data from Bangladesh Bank. The gross reserve, which reflects the total stock of foreign currency

ICB Islamic Bank couldn’t stand up despite foreign investment

TDS Desk: Switzerland-based ICB Financial Group acquired 53 per cent shares of Oriental Bank at an auction of Bangladesh Bank in 2007 and renamed it to ICB Islamic Bank. In