Business-Economy

Beximco Textiles gets a lifeline: $20m Japanese deal to reopen factories

TDS Desk: The long-shuttered factories of Beximco Textiles Limited are poised to reopen under a tripartite lease agreement involving Japanese firm Revival Project Limited, Janata Bank, and Beximco Group. The

Pressure on taxpayers on the rise

TDS Desk: Compared to the last fiscal year (2024–25), the revenue collection target for 2025–26 has been increased significantly. As a result, the National Board of Revenue (NBR) now faces

Cashing in on Hilsa: Kalapara fisherman nets 60 maunds, earns Tk3.55 lakh

Patuakhali Correspondent: A fisherman from Kalapara upazila in Patuakhali hauled in over 60 maunds of hilsa in a single day—selling the prized catch for Tk3.55 lakh at auction. Trawler owner

Bangladesh’s July PMI hits 61.5 as economy grows faster

Staff Correspondent: Bangladesh’s economy expanded at a faster pace last month, as the July reading of the Bangladesh Purchasing Managers’ Index (PMI) increased by 8.4 points from the previous month,

Forex reserves stands at $30.08b: BB

Staff Correspondent: Bangladesh’s foreign exchange reserves have stood at US$30.08 billion. But, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual

RMG exporters see major gains for Bangladesh as US slaps 50pc tariff on India

Staff Correspondent: Bangladesh’s apparel exporters see the 50% US tariff on Indian goods as a chance for Bangladesh to boost its exports of T-shirts and other garments, while also attracting