Business-Economy

BD may quit IMF deal, if terms tighten

Staff Correspondent: Bangladesh will pull out of the loan programme if the International Monetary Fund (IMF) imposes additional conditions for the release of upcoming tranches of the US$4.7 billion loan,

NovoAir stops flight operations due to financial crisis

TDS Desk: Novoair, a Bangladeshi private airline company, shut down its operations from Friday (May 2) due to an internal financial crisis. When contacted, Novoair authorities said that flights have

Tax-free income ceiling likely to rise in next budget

Staff Correspondent: The upcoming budget may come with some relief for individual taxpayers as the annual tax-free income threshold is likely to be hiked in the next fiscal year, according

Boro harvest cools rice prices, but farmers worry over paddy rates

TDS Desk: After months of high prices, rice is now on the wane amid the ongoing Boro paddy harvest but farmers are concerned about low paddy prices and fear further

Soaring animal prices likely to cast a shadow over Qurbani

TDS Desk: With Eid-ul-Azha, the second largest religious festival of the Muslim Ummah, fast approaching, excitement is steadily mounting across Bangladesh. The nation is preparing for nearly a fortnight of

e-GP to be made mandatory in public procurement as part of reforms

Staff Correspondent: The digitisation of public procurement is being implemented through the electronic Government Procurement (e-GP) system since the current government is placing strong emphasis on reforms and transparency in