Business-Economy

Rice, edible oil imports rise amid economic stabilization efforts

Staff Correspondent: Rice and edible oil imports to the country have shot up while wheat and sugar import decreased in the first eight months of the 2024-25 fiscal year (FY25).

Govt expects $500m in budget credits from ADB

Staff Correspondent: Bangladesh hopes for finalisation of a pre-assured $500 million worth of budgetary-support loan and extended financial assistance from the Asian Development Bank (ADB) at its upcoming annual meeting

Bangladesh’s outlook cautious but hopeful: Experts

Staff Correspondent: Bangladesh’s economy is showing signs of a gradual recovery, though GDP growth remains under pressure due to historically low tax revenues and a struggling banking sector burdened by

Remittance inflow rises by 34.6pc in April

Staff Correspondent: The country’s remittance inflow witnessed a remarkable year-on-year growth of 34.6 percent, reaching US$2,752 million in April. According to the latest data of Bangladesh Bank (BB), the country

19 listed banks fail to declare dividends for delayed approval

TDS Desk: Nineteen out of 36 banks listed on the stock market have failed to announce dividends for the 2024 financial year within the stipulated deadline due to delays in

Abandoned land of Khulna Newsprint Mills: BCIC to implement project for APIs

Hosneara Parvin Khuku from Khulna: The Bangladesh Chemical Industries Corporation (BCIC) has initiated to implement a project for manufacturing of Active Pharmaceutical Ingredients (APIs) with the intension of expanding country’s