Business-Economy

H1 lending by MFIs rises 9.0pc to Tk 1.32t

Staff Correspondent: The volume of loans disbursed by the country’s Microfinance Institutions (MFIs) increased by more than 9.0 per cent to reach Tk 1.32 trillion during the first half of

Rice prices drop slightly, but vegetables remain steep

Staff Correspondent: Retail prices of rice have started to decline, with a drop of Tk8-10 per kg for fine rice over the past few days. However, the prices of most

With 26.64% growth, Bangladesh leads apparel export to US in Jan-Mar

Staff Correspondent: Bangladesh has emerged as the fastest-growing apparel exporter to the United States in the first quarter of 2025, posting the highest year-on-year growth among its global competitors. According

Inflation can be reduced to 4-5pc with policy consistency: BB governor

Staff Correspondent: Inflation in Bangladesh is decreasing. Bringing it further down to 4-5% is achievable with government efforts and policy consistency, Bangladesh Bank Governor Ahsan H Mansur has said. “If

Record capital shortfall pushes Bangladesh’s banking sector into crisis

Staff Correspondent: Bangladesh’s banking sector is experiencing the most severe capital crisis in its history. According to the latest report from Bangladesh Bank, the combined capital shortfall of the country’s

Savings certificate rules relaxed, no tax return submission needed

Staff Correspondent: The government may lift the requirement to submit proof of income tax return filing when purchasing savings certificates. Currently, the purchase of savings certificates worth over Tk 500,000