Business-Economy

NBR strike deepens revenue crisis, instability: Economists

Staff Correspondent: Bangladesh’s fiscal stability faces mounting pressure as a pen-down strike by National Board of Revenue (NBR) officials exacerbates an already significant revenue shortfall, said economists. “Of course, revenue

Expats send $1.61bn remittance in May’s 17 days

Staff Correspondent: Bangladesh has received US $1.61 billion in inward remittances during the first 17 days of May, marking a robust flow of foreign currency from expatriate workers, according to

Oilseed cultivation surges amid rising edible oil prices

Barishal Correspondent: With frequent volatility in edible oil prices in the local market, farmers across the southern region are increasingly turning to oilseed cultivation — both to meet household needs

How ICB’s dividend plan for FY25 may boomerang on unitholders

Staff Correspondent: The state-run Investment Corporation of Bangladesh (ICB) has proposed that mutual funds (MFs) be allowed to distribute dividends from profits in the current fiscal year without meeting provisional

NPL crisis chokes private credit growth, endangers Bangladesh’s economic recovery: Experts

Staff Correspondent: Bangladesh’s banking sector is facing mounting challenges due to a substantial volume of non-performing loans (NPLs), seriously affecting banks’ ability to extend new credit to investors. According to

Govt to launch management fund to handle stolen money: BB Governor

Staff Correspondent: The government is set to launch a management fund to handle recovered money and assets seized from financial offenders, Bangladesh Bank Governor Dr Ahsan H Mansur said on