Business-Economy

Rising debt signals warning for BD economy

Staff Correspondent: Bangladesh’s rising public debt is raising red flags among economists and policymakers, as the debt-to-GDP ratio has climbed nearly 11 percentage points over the past decade, reaching 37.62

Remittance crosses $30bn on June 28

Staff Correspondent: Bangladesh reached a historic milestone on June 28, with remittance inflows surpassing US$30 billion, breaking all previous records. According to the Bangladesh Bank, from July 1, 2024, to

Gold prices drop by Tk 4,292 within a week

TDS Desk: Gold prices have dropped once again in the local market, with the Bangladesh Jeweller’s Association (BAJUS) reducing the price of 22-carat gold by Tk 2,624 per bhori, following

How ONE Bank hides Tk995cr loss through provision deferral

TDS Desk: ONE Bank, a private sector lender, reported an 11.30% profit growth in 2024, posting a net profit after tax of Tk127.97 crore. However, according to its external auditor,

A budget of less: How will it fare in FY26?

Staff Correspondent: Cutting short a high-flying expansionary budget into a cautious, conservative one was not an easy exercise. The interim government had to trim the development outlay in this fiscal

NBR shutdown Business leaders warn of Tk 3,000cr daily loss

Staff Correspondent: Bangladesh’s business community issued a warning, urging the government to resolve the escalating National Board of Revenue (NBR) crisis, as a ‘complete shutdown’ began on Saturday disrupting daily