Business-Economy

Heavy burden of foreign debt

TDS Desk Bangladesh is grappling with a mounting foreign debt burden, which has surged by 282% over the 14 years of the Sheikh Hasina government. When the Awami League assumed

Tariff Commission for 25% regulatory duty on rice bran oil export to ensure adequate supply in market

TDS Desk The Trade and Tariff Commission has recently sent letters to the commerce ministry and the National Board of Revenue (NBR) seeking higher regulatory duty on the export of

Janata Bank in severe crisis for providing loans to AL-aligned businesspersons

TDS Desk State-owned Janata Bank has incurred significant losses due to loans granted to businesspersons closely associated with the previous Awami League government. Around 55 per cent of the bank’s

IMF offers extra $1b for reforms

TDS Desk The International Monetary Fund (IMF) headquarters building is seen in Washington, U.S., April 8, 2019. REUTERSThe International Monetary Fund (IMF) has offered an additional $1 billion to Bangladesh

White Paper: Bad loans in banking sector hits 675,000Cr

Business-Economy Desk The amount of bad loans in the banking sector has been increasing rapidly in recent years, as reflected in data from Bangladesh Bank (BB), according to the recently

Rolls Royce now the most expensive car in the country, 8 imported in 6 months

Business-Economy Desk You may spot the most luxurious car of the world Rolls Royce anytime in the upscale areas of the city now as commercial marketing of these lavish cars