Business-Economy

Transshipment cargo from Bangladesh grew by 46pc in FY25 at West Bengal’s Petrapole: Official data

Staff Correspondent: Transshipment cargo from Bangladesh for re-export through India grew by 46% between the 2023-24 and 2024-25 fiscal years (FY) at the Petrapole Land Port in West Bengal’s North

NBR scrambling to meet IMF conditions on revenue collection for release of 2 tranches of $4.7bn loan

Staff Correspondent: The National Board of Revenue (NBR) finds itself in a tight spot as it scrambles to appease the International Monetary Fund (IMF) and unlock the 3rd and 4th

Laundered assets in foreign countries to be frozen within six months: BB governor

TDS Desk: Bangladesh Bank (BB) is set to freeze several foreign assets acquired through laundered money within the next six months as part of a broader initiative to recover illicit

Business as usual at Darshana port despite India’s halt of transshipment services

Staff Correspondent: After cancellation of transshipment by India, Darshana rail port in Chuadanga witnesses no impact on exports and imports as the port is only used for bilateral trade between

Country’s foreign debt rose by $3.39b in 2024, outstanding now $103.64b

Staff Correspondent After receiving long-term loan tranches from the International Monetary Fund, the World Bank, and various bilateral and multilateral development partners, the country’s foreign debt increased by $3.39 billion

‘BD eyes top spot in global apparel exports’

Staff Correspondent: Bangladesh currently holds the position of the world’s second-largest apparel exporter as a single country. However, with the right strategies and reforms, the country is poised to climb