Chairman of the National Board of Revenue (NBR) Abdur Rahman Khan said that they have gradually been adopting information technology to improve compliance, expand the tax base and reduce human discretion in revenue administration. "With digital data, we can analyse taxpayer behaviour and assess th
Bangladesh sees around 14-percent annualised growth in remittance earning in April with expatriates having funneled US$3.12 billion into the country in the just-past month. With the latest monthly inflow, the economy of over $460 billion enjoyed inner remittance amounting to over $3.0 billion each
Bangladesh's export earnings rebounded strongly in April, snapping a two-month slide, with an annualised growth of 32.92 per cent to US$4.0 billion to a solace for the exchequer at a trying time. The monthly turnover is up from $3.0 billion in April 2025, driven largely by the apparel sector
Bangladesh's foreign exchange reserves stood at US$35.20 billion, according to the latest data released by the Bangladesh Bank (BB) on Sunday. Under the International Monetary Fund's (IMF) BPM-6 accounting method, the reserves stood at $30.51 billion, the central bank added.
The country’s remittance inflow has crossed the US$3.0 billion milestone in April, reflecting sustained strong inflows from expatriate Bangladeshis, according to data released by the Bangladesh Bank (BB) on Sunday. During this period, remittance receipts reached $3,127 million, marking a 13.
Bangladesh government has sought extended financial and technical supports from foreign development partners to weather the economic shocks stemming from the Gulf crisis and to accelerate implementation of its election pledges, officials say. Formal requests for the support were despatched to a br
Prof Anu Muhammad, a member of the Ganatantrik Odhikar Committee, has once again criticised the failure of successive governments to strengthen national capacity and state institutions in strategic sectors such as energy and natural resource management. Speaking at an event evaluating the BNP gove
Disbursements of agricultural and rural credit witnessed a significant surge during the first eight months of the current fiscal year, official data revealed. According to latest Bangladesh Bank (BB) figures, the country's scheduled banks disbursed Tk 274. 80 billion worth of farm credit dur
Bangladesh’s ongoing energy crisis may ease temporarily, but it cannot be fully resolved without a decisive shift to renewable energy, said the Centre for Policy Dialogue (CPD) on Monday. “We must think beyond fossil fuels,” CPD Research Director Dr Khondaker Moazzem said at
Foreign direct investment (FDI) in Bangladesh has declined over the last five years but is expected to start recovering from 2025. However, the current volume is about US$1.77 billion, which is still lower than the 2019 level. Experts say Bangladesh has improved in many investment areas, but it n
Commerce Minister Khandaker Abdul Muktadir on Sunday invited Switzerland to invest in Bangladesh's service sector to strengthen relations between the two countries. He also asked the Swiss government to support Bangladesh's request for a three-year extension in its LDC graduation process. The iss
Bangladesh can increase its tax revenue from the current level of less than 7 per cent of GDP to around 15 per cent without raising tax rates by ensuring transparency, accountability and greater efficiency in tax administration, experts and economists said. They stressed the need for urgent reform
Islamic banks in Bangladesh posted moderate year-on-year growth in deposits and investments in February 2026, with deposits rising 9.27 per cent to Tk 4.76 trillion and investments increasing 11.38 per cent to Tk 5.88 trillion, indicating a gradual return of confidence in the sector. However, mont
