Business-Economy

Russia announces providing 30,000mt cost-free fertilizer to Bangladesh

BSS Russia has announced supplying 30,000 metric tonnes(MT) Muriate of Potash (MoP) fertilizer to Bangladesh free of cost as part of friendship and deep sincerity between the two countries. Russian

Moody’s takes negative rating action on 6 Bangladeshi banks, following sovereign downgrade

TDS Desk Moody’s Ratings has taken rating actions on six Bangladeshi banks, including BRAC Bank, City Bank, Dutch-Bangla Bank, Eastern Bank, Mercantile Bank and Premier Bank. The rating agency has

Budget cuts on

Restriction on vehicle purchases, land acquisitions and foreign tours imposed Special Correspondent The interim government has started process to cut the revised budget for the Fiscal Year (FY) 2024-25 with

Brunei offers to export 12-18 LNG cargoes annually to Bangladesh under 10-year contract

UNB, Dhaka The Sultanate of Brunei has offered to export 12-18 LNG (liquefied natural gas) cargoes to Bangladesh under a long term contract of 10 years, with an option to

Cash flowing back to banks

Staff Reporter The banking sector in Bangladesh has seen a significant turnaround as customer confidence begins to rebound, with cash previously held outside the system now returning to banks. This

TCB to sell potatoes at Tk40 per kg

TDS Desk To provide relief to consumers, the Trading Corporation of Bangladesh (TCB) will sell subsidized potatoes in the capital through truck sales. Each individual will be allowed to purchase