Business-Economy

Govt to run more oil-fired power plants: Energy Adviser

Staff Correspondent: The government is planning to use more oil-fired power plants and ramp up fuel imports to meet the growing demand of electricity in the ongoing summer and upcoming

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