Economy / Bangladesh

Net sales of savings certificates plummet 86.3pc in Aug

Net sales of savings certificates plummet 86.3pc in Aug

Net sales of national savings certificates recorded a steep 86.3 per cent year-on-year decline in August 2025, as tighter liquidity conditions and rising living costs dampened small investors' interest in government savings instruments. According to the Bangladesh Bank (BB) data, the net sales of


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 The Income Tax Act, 2023 was originally enacted in Bangla, replacing the Income Tax Ordinance, 1984.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

12 new offices introduced in NBR’s customs and VAT unit

12 new offices introduced in NBR’s customs and VAT unit

The National Board of Revenue (NBR) has been administratively reformed, restructured and expanded its Customs and VAT unit, creating 12 new commissionarates, Customs Houses and specialised units. The Internal Resources Division (IRD) issued an order in this regard on Tuesday, the NBR said in a pre

Bangladesh, EU agree to conclude PCA negotiation earliest

Bangladesh, EU agree to conclude PCA negotiation earliest

Bangladesh and the European Union (EU) have agreed to continue working intensively with the objective of concluding the Comprehensive Partnership and Cooperation Agreement (PCA) negotiations at the earliest possible time.  The consensus was made during the third round of negotiations on the P