Pvt sector credit growth plunges to 7.66pc
Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...
Economy
Turkish inflation slows to 44.3pc in Dec
Turkey鈥檚 annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
China says 鈥榙etermined鈥� to open up to world in 2025
China is 鈥榙etermined鈥� to continue opening up its economy to the world in 2025, a top economic planning official said Friday, as Beijing steels itself for potential trade turmoil when US president-elect Donald Trump takes office.
VAT on 43 products, services聽to go up
The interim government has taken moves to increase value-added tax on 43 products and services such as clothes, restaurant bills, liquefied petroleum gas, air tickets, detergents and cigarette, which are feared to push up living costs further.
Export earnings rise by 12.84pc in H1 of FY25
Bangladesh鈥檚 export earnings in the first half of the current financial year 2024-25 stood at $24.53 billion, up 12.84 per cent compared to $21.74 billion in the same period of FY24, riding on the increased shipment of readymade garment products...
Prime Leaf to invest $8.84m in BEPZA EZ
Prime Leaf Processing, a company jointly owned by Singapore, UAE, and India, is set to invest $8.84 million to establish a tobacco processing industry in the BEPZA Economic Zone...
Govt appoints national taskforce on semiconductor
The interim government on Wednesday appointed a national taskforce for the semiconductor sector...
Gold market sees volatility with prices changing 62 times
Bangladesh鈥檚 gold market has witnessed serious volatility in 2024, with gold prices fluctuating 62 times throughout the year.
Over one million tax returns filed online
The number of income tax returns filed online has surpassed 10 lakh, with registrations for online return filing exceeding 16 lakh.
US to hit new debt limit
The United States could come up against its debt ceiling as soon as in mid-January, Treasury Secretary Janet Yellen said Friday, urging Congress to 鈥榓ct to protect the full faith and credit鈥� of the country.
Political turmoil shakes S Korea鈥檚 economy
After South Korea鈥檚 president and his replacement were both deposed over a failed bid to impose martial law, deepening political turmoil is threatening the country鈥檚 currency and shaking confidence in its economy.
Turkey lowers interest rate to 47.5pc
Turkey鈥檚 central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it battles with double-digit inflation.聽
China to raise deficit, boost spending
China will raise its deficit in order to boost spending next year, its finance minister said Tuesday according to state media, as Beijing looks to prop up its struggling聽economy.
NBR extends income tax returns submission deadline to Jan 31
The National Board of Revenue on Tuesday extended the deadline for submitting income tax returns by one month till January 31.
Bangladesh鈥檚 forex reserve surges by $1.5b in 22 days
Bangladesh鈥檚 gross foreign exchange reserves, calculated following the International Monetary Fund鈥檚 guidelines, have risen by $1.5 billion in 22 days.