Business-Economy

EXIM Bank calls off merger with struggling Padma Bank

TDS Desk EXIM Bank, a private sector financial institution, has announced that it will not proceed with the planned merger with Padma Bank. The announcement was made on Tuesday following

Education sector likely to see raised allocation in FY25-26

UNB The country’s education sector is likely to get a significant boost in budgetary allocation in the upcoming 2025-26 fiscal year, aiming to enhance the quality of education and align

50,000 Beximco workers lose jobs, living in misery

This abrupt job loss has not only affected the workers but also the local communities DTS Desk The sudden closure of Beximco Group’s factories has plunged approximately 50,000 workers into

Hasina, family under scrutiny: ACC targets mega projects, seeks financial data

TDS Desk The Anti-Corruption Commission (ACC) has sought financial records of former prime minister Sheikh Hasina and her family members as well as documents related to eight mega projects following

Hundreds of factories shut down, workers laid off

Beximco Group laid off around 40,000 workers from its 15 garment factories TDS Desk Country’s ready-made garment (RMG), textile, and knitwear sectors are in a deep crisis. Industry owners say

Dhaka bourse records lowest turnover in five months

TDS Desk Dhaka Stock Exchange (DSE) saw its lowest turnover in five months today (24 December), as investor participation significantly dwindled. The daily turnover stood at Tk275 crore, a sharp