Economic BB

BB Reports Decline of Tk5,782cr in High-Value Deposits Amid Economic Challenges

Deposits in bank accounts holding Tk1 crore or more witnessed a decline of Tk5,782 crore in the September quarter of the current year, as reported by the Bangladesh Bank (BB). In the... Read more »
renata

Renata Expands Global Footprint with Entry into Australian Pharmaceutical Market

Renata Limited – one of the leading drugmakers in the country – has put its footprints into the Australian pharmaceutical market for the first time. As part of its global market strategy,... Read more »

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fbcci

FBCCI Urges Unified Front Amidst Global Economic Impact

Calling on the business community to stand united, Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), on Saturday said Bangladesh was grappling with the repercussions of... Read more »
china export

China Navigates Economic Hurdles as November Exports Show Improvement

Chinese exports rebounded in November, breaking a seven-month streak of decline, as reported by the General Administration of Customs (GAC). Overseas shipments registered a 0.5 percent year-on-year increase, reaching $291 billion, surpassing... Read more »
nbr vat

NBR Grapples with Mounting Challenges as Tk25,000cr in VAT Remains Unrecovered

The National Board of Revenue (NBR) is facing a significant challenge in collecting a substantial amount of revenue, particularly from government entities. The current situation involves a growing backlog of cases, resulting... Read more »
US Ambassador

US Ambassador Meets Biman Officials Amidst Plans for Airbus Addition

The US Ambassador to Bangladesh, Peter Haas, held a meeting with officials from Biman Bangladesh Airlines on Tuesday afternoon at Biman’s head office, Balaka. Representatives from Boeing, the US-based aviation giant, were... Read more »
nbr vat

NBR says Installing Electronic Fiscal Devices behind increased VAT collection

The installation of Electronic Fiscal Devices or EFD machines in business establishments is reaping its benefits, said the National Board of Revenue (NBR). The businesses which used to pay Tk5,000-6,000 per month... Read more »
inflation bangladesh

November Inflation in Bangladesh Shows Marginal Downturn to 9.49%

In November, the overall point-to-point inflation rate in the country exhibited a marginal decline to 9.49 percent, attributed primarily to decreases in both food and non-food inflation. The monthly Consumer Price Index... Read more »
export import bangladesh

Challenges in November Offset Overall Growth in Bangladesh’s Export Sector

Export earnings for the current fiscal year (FY24) from July to November reached $22,232.28 million, marking a 1.30 percent growth compared to the same period last year, according to the latest data... Read more »
remittance

Bangladesh Receives $1.93 Billion in November Remittances, Eases Dollar Crisis

In the farewell month of November, Bangladesh received remittances totaling $1.93 billion, equivalent to 193 crore dollars in local currency (approximately 21,181 crore 75 lakh taka at the exchange rate of 109.75... Read more »