Economy / Bangladesh

Nepalese envoy stresses deeper cooperation in key sectors

Nepalese envoy stresses deeper cooperation in key sectors

Nepalese Ambassador to Bangladesh Ghanashyam Bhandari has emphasised deepening bilateral cooperation in areas, including trade and investment, energy, education, tourism, people-to-people connections, and LDC graduation. He delivered a lecture titled 'Nepal-Bangladesh Relations: Pathways for Enhan


ECNEC sends back Tk 12.69b 'haors' project

ECNEC sends back Tk 12.69b 'haors' project

The Executive Committee of the National Economic Council (ECNEC) on Tuesday declined to give its nod to an infrastructure-development project in 'haors' of greater Sylhet and Mymensingh, fearing environmental impact. The ECNEC, the highest government authority for approving development projects an

Economy stabilising amid sluggish investment momentum

Economy stabilising amid sluggish investment momentum

Bangladesh's economy shows signs of cautious stabilisation, but investment momentum remains sluggish as the private-sector credit growth weakens and borrowing costs remain high, according to a report of the General Economics Division (GED) under the Planning Commission. Released on Tuesday, the Oc

7.1pc growth of remittance inflow till Oct 20

7.1pc growth of remittance inflow till Oct 20

Inflow of remittances witnessed a year-on-year growth of 7.1 per cent, reaching US$1780 million in the first 20 days of October, according to the latest data of Bangladesh Bank (BB) issued on Tuesday. Last year, during the same period, the country's remittance inflow was $1,661 million. During th

Banking sector faces capital shortfall of Tk 1.55 trillion

Banking sector faces capital shortfall of Tk 1.55 trillion

The financial health of Bangladesh’s banking sector has worsened sharply, with troubled banks facing a combined capital shortfall exceeding Tk 1.55 trillion in the June quarter. This alarming figure marks a sharp increase from the Tk 1.1026 trillion (Tk 110,260 crore) deficit recorded in the

MFS transactions rebound in Aug

MFS transactions rebound in Aug

After several months of slowdown, overall mobile financial service (MFS) transactions in Bangladesh rebounded in August 2025, according to the latest data from the Bangladesh Bank (BB). However, remittance inflows through MFS channels registered a slight decline during the period. Total MFS trans

NBR publishes official English text of Income Tax Act 2023

NBR publishes official English text of Income Tax Act 2023

The National Board of Revenue (NBR) has officially published the Authentic English Text of the Income Tax Act, 2023 through a government gazette notification issued on October 16, 2025. The Income Tax Act, 2023 was originally enacted in Bangla, replacing the Income Tax Ordinance, 1984. Since its

NBR posts record Tk 908.25b revenue collection in Q1

NBR posts record Tk 908.25b revenue collection in Q1

The National Board of Revenue (NBR) has recorded the highest-ever revenue collection in the first quarter of any fiscal year, collecting Tk 908.25 billion (Tk 90,825 crore) during July–September of FY2025–26. According to official data, the amount marks a significant 20.21 per cent gro