Business-Economy

Govt’s 5,238MW grid-tied solar push faces tepid response from investors

Staff Correspondent: The government’s ambitious push to install 5,238 megawatts of grid-tied solar power at 55 sites across Bangladesh has hit a stumbling block. Despite repeated deadline extensions for tender

Private banks post record profits, big losses

Staff Correspondent: Twenty-two private banks have disclosed their profits and losses in 2024 so far, with several banks seeing record net profits and several other accounting big losses. Profits rose

WB sees favouritism in digital bank licensing in BD

Staff Correspondent: A diagnostic report by the World Bank Group has cast a shadow over the 2023 awarding of two digital banking licenses to Nagad and Kori in Bangladesh. The

18 engineers dismissed from Rooppur nuclear project amid unrest

Staff Correspondent: The authorities of the Nuclear Power Plant Company Bangladesh Limited (NPCBL) have dismissed 18 engineers, including the deputy chief superintendent, from the Rooppur Nuclear Power Plant project following

Govt now can take over banks under new ordinance

Staff Correspondent: The government and the Bangladesh Bank can jointly take temporary control of any scheduled bank or financial institution, including Islamic banks, by issuing share transfer orders, according to

“Airflow” method opens new horizon for Jhenaidah farmers

Delwar Kabir, Jhenaidah: The farmers of Jhenaidah have started witnessing ray of hope to preserve their onions at a minimum cost by using fans locally known as “Airflow”. Further, the