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The National Board of Revenue (NBR) has announced that revenue collection grew nearly 25% in July, the first month of the 2025–26 fiscal year.
NBR collected Tk 27,249 crore in July 2025, up from Tk 21,916 crore in the same month last year—an increase of 24.33%.
The highest revenue came from VAT, totaling Tk 11,352 crore, marking a 32.45% growth compared to last year’s Tk 8,571 crore. Income tax and travel tax generated Tk 6,295 crore (up 21.65% from Tk 5,175 crore), while import duties rose 17.52% to Tk 9,602 crore from Tk 8,170 crore last year.

21 Aug 25 1NOJOR.COM

NBR Reports 25% Revenue Growth in July

Bangladesh Bank Governor Dr. Ahsan H. Mansur has stressed the urgent need to curb excessive cash transactions, saying they encourage corruption and make tax evasion easier.

“The foundation of a cashless society in Bangladesh is becoming stronger. Within the next 7–8 years, Bangladesh will emerge as a major hub of cashless economy,” he stated.

Highlighting mobile financial services (MFS) innovations, the governor said the concept of “nano loans” is gaining popularity, with an average of 4,000 people receiving such loans daily, amounting to Tk 7,000 crore in total disbursements.

He emphasized that restoring discipline in the financial sector remains the biggest challenge, as well as introducing innovative and inclusive financial services to strengthen the macroeconomy.

20 Aug 25 1NOJOR.COM

Bangladesh Bank Governor: Cash Transactions Fuel Corruption, Push for Cashless Economy

The Bangladesh Bank has instructed financial institutions to present a clearer picture of their actual liquidity status starting next month.

In a circular sent to the chief executives of finance companies, the central bank stated that although firms are required to submit monthly liquidity reports, the data currently provided fails to reflect their true position. With expanding investment avenues now available, companies have greater opportunities to grow. However, the lack of accurate liquidity reporting is obstructing proper risk assessment.

To address this, a new reporting format has been developed by Bangladesh Bank. Finance companies will now be required to submit detailed liquidity information using this format. Each month’s data must be submitted to the central bank by the 7th of the following month.

18 Aug 25 1NOJOR.COM

Finance Companies to Report True Liquidity Position Under New Rules from Next Month: Bangladesh Bank

Government agencies including the ACC, CID, and BFIU have launched investigations into three former Bangladesh Bank governors—Dr. Atiur Rahman, Fazle Kabir, and Abdur Rauf Talukdar—over unprecedented looting in the banking sector during the Awami League’s 15-year rule.
They stand accused of enabling loan scams, bank takeovers, reserve theft, and printing money to bail out weak banks, much of which was allegedly siphoned abroad.
The probe also targets former deputy governor SK Sur Chowdhury and ex-BFIU chief Masud Biswas.

17 Aug 25 1NOJOR.COM

Former Bangladesh Bank Governors Face Probes Over Mass Loot in Banking Sector

Industry Adviser Adilur Rahman Khan has said Bangladesh has the opportunity to take a leadership role in South Asia’s maritime technology through its growing shipbuilding sector.

“Private shipyards are making significant progress, producing vessels of international standard and exporting them abroad,” he noted.

He added that after the ready-made garment industry, shipbuilding has the potential to become the country’s next major export earner.

16 Aug 25 1NOJOR.COM

Bangladesh Poised to Lead South Asia in Shipbuilding: Industry Adviser

Bangladesh has received over $1.05 billion in remittances in the first 12 days of August, according to Bangladesh Bank — a sharp rise from $721 million during the same period last year. In the 2024–25 fiscal year just ended, remittance hit a record $30.33 billion. July alone saw $2.47 billion, marking a 29% year-on-year growth. The surge has strengthened foreign exchange reserves, now standing at $30.24 billion as of August 10, and eased pressure on the dollar market.

15 Aug 25 1NOJOR.COM

Remittance Inflow Tops $1 Billion in First 12 Days of August

US Treasury Secretary Scott Bessent has warned that if peace talks between Donald Trump and Vladimir Putin fail, India could face additional secondary tariffs.
The US has already imposed a 25% fine and a 25% tariff on India for purchasing oil and weapons from Russia. Bessent urged European nations to join in on secondary sanctions, saying they should “stand together” in pressuring Russia. Today’s Trump-Putin meeting in Anchorage, Alaska, will focus on a Ukraine ceasefire.

15 Aug 25 1NOJOR.COM

US May Impose More Tariffs on India if Trump-Putin Talks Fail

Bangladesh continues to be on the World Bank’s red list for rising food inflation, where it has remained since June 2021. Between then and last July, monthly food inflation consistently stayed above 5%, with price hikes ranging from 5% to over 14% depending on the product.
To exit the red list, monthly food inflation must drop below 5% — something last achieved in May 2021 at 4.87%. Although prices eased during Ramadan and into June, they have started climbing again in recent months.

14 Aug 25 1NOJOR.COM

Bangladesh Remains on World Bank’s Red List for Food Inflation

Bangladesh has sought Malaysia’s support to establish a Halal Industrial Park to tap into the fast-growing global halal products market. On Tuesday, the Chief Adviser met Malaysian halal industry officials led by Datin Paduka Hajah Hakimah, Halal Coordinator at the Prime Minister’s Office. They highlighted that the halal market, currently worth $3 trillion, is expected to reach $5 trillion by 2030. Malaysia already operates at least 14 halal industrial parks with significant market share. Bangladesh, where only the Islamic Foundation issues halal certification—so far to just 124 firms—could play a major role with improved infrastructure and certification capacity. BIDAR’s Chowdhury Ashiq Mahmud called for Malaysian help in outlining park requirements, noting growing export interest among local certified firms.

13 Aug 25 1NOJOR.COM

Bangladesh Seeks Malaysia’s Help to Build Halal Industrial Park

Economic Adviser Salehuddin Ahmed has said that the scale of looting from Bangladesh’s banking sector is unparalleled anywhere in the world. He blamed rampant disorder, corruption, and a lack of governance for pushing the economy into an “ICU” at one point. In one case, he discovered that 95% of loans in a bank were non-performing. However, he noted that conditions have now improved, with inflation down to around 8%, GDP growth at 3.9% and projected to reach 5–5.7% by year’s end. While acknowledging that not all expectations were met, he insisted progress has been made. He also confirmed that Bangladesh Bank is working on unification, though political changes could alter that plan.

13 Aug 25 1NOJOR.COM

Bangladesh’s Banking Loot Unmatched in the World: Economic Adviser

Chief Adviser Muhammad Yunus has invited Malaysian companies to invest in Bangladesh, highlighting the country’s new business-friendly initiatives under the interim government.
Speaking at a business forum, Yunus noted that in the past, Bangladesh’s business environment did not progress as he had hoped, but now “New Bangladesh” is fostering innovation, with business potential being a key element.
He emphasized that Bangladesh offers opportunities for young and creative individuals and urged investors to tap into the talent of young Bangladeshi expatriates abroad, who he said are always eager to contribute to their homeland.
The event began with a presentation by BIDA’s Chowdhury Ashiq, showcasing Bangladesh’s competitive advantages and the government’s efforts to remove tariff and non-tariff barriers.

12 Aug 25 1NOJOR.COM

Yunus Urges Malaysian Firms to Invest in ‘New Bangladesh’

London – Authorities in the United Kingdom have initiated the sale of assets belonging to former Bangladesh Land Minister Saifuzzaman Chowdhury to settle debts amounting to $350 million. Creditors include Singapore’s DBS Bank, British Arab Commercial Bank, and Bangladesh’s United Commercial Bank.
The move follows earlier money-laundering allegations against Chowdhury and investigations by Bangladeshi authorities, which uncovered his extensive UK holdings. The UK’s National Crime Agency (NCA) seized several of his properties in June at Bangladesh’s request. Six of his companies are now under court-appointed administration. Chowdhury maintains his innocence, claiming the assets were purchased with legitimate funds.

12 Aug 25 1NOJOR.COM

UK Moves to Sell Assets of Former Bangladesh Land Minister to Repay $350M Debt

India has imposed immediate restrictions on importing four types of Bangladeshi jute products through land borders: jute fabric, jute rope, rope made from jute products, and jute sacks.
The new directive from India’s Directorate General of Foreign Trade (DGFT) mandates that these items must now enter India via sea through Mumbai’s Nhava Sheva port.
Currently, less than 1% of Bangladesh’s jute exports to India go by sea, with the rest transported by land. This is not the first time India has restricted overland imports of jute products from Bangladesh.

12 Aug 25 1NOJOR.COM

India Bans Import of Four Jute Products from Bangladesh via Land Routes

Chattogram Port plays a critical role in Bangladesh’s economy, handling 90% of the nation’s trade, says BIDA Executive Chairman Chowdhury Ashik Mahmud. After visiting the port for the first time in three months, Ashik revealed that the government aims to appoint operators for the Chattogram New Container Terminal (NCT), Laldia Char, and Bay Terminal by year-end. “Every investor asks about our ports among their top five concerns,” he said. Laldia Container Terminal alone has attracted foreign investment potential of nearly BDT 5,000 crore—the largest single foreign direct investment (FDI) in Bangladesh’s history. Container handling has increased by nearly 30% compared to last month, with ship clearance times reduced by eight hours, thanks to improved operations since Chattogram Dry Dock Ltd. took charge. Weekly inter-ministerial meetings continue to expedite the operator selection process, aiming for completion before year-end.

11 Aug 25 1NOJOR.COM

Chattogram Port Must Become ‘Best in Class’ as It Handles 90% of Bangladesh’s Trade: Chowdhury Ashik

Bangladesh Bank will release a new Tk 100 banknote with a fresh design on August 12, bearing the signature of Governor Dr. Ahsan H. Mansur. The note is part of a new series themed “Historic and Archaeological Architecture of Bangladesh,” featuring images of the Sixty Dome Mosque and the Sundarbans. Initially available from the Motijheel office, the note measures 140mm by 62mm, has a blue color scheme, and includes a watermark of the Royal Bengal Tiger.


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