Business-Economy

Finance adviser says shareholders of merged Islamic banks will be compensated

TDS Desk: Finance Adviser Dr Salehuddin Ahmed has said shareholders affected by the merger of five Shariah-based banks will receive compensation, while acknowledging that the process is technically complex and

Implementing new pay scale may further fuel inflation

TDS Desk: To control inflation, Bangladesh Bank has kept the policy interest rate unchanged at 10 percent for nearly two years. As a result, bank loan interest rates have risen

US cuts Bangladesh tariffs to 19% in trade deal

TDS Desk: Bangladesh and the United States have signed a reciprocal trade agreement cutting US tariffs on Bangladeshi goods and granting American exporters expanded access to the South Asian market,

Bangladesh Bank restricts digital transactions for 96 hours

TDS Desk: Bangladesh’s central bank has imposed tight restrictions on mobile financial services and suspended peer-to-peer internet banking for 96 hours ahead of the February 12 general election to prevent

Interim government’s tenure nears end with inflation unchecked

TDS Desk: Global food prices fell for a fifth consecutive month in January, according to the UN Food and Agriculture Organization (FAO). Domestically, record dollar inflows from remittances ensured ample

Container and bulk cargo operations grind to a halt

TDS Desk: Chattogram Port Chairman Rear Admiral SM Moniruzzaman has claimed that port operations remain functional. However, the situation on the ground tells a different story. Since Sunday morning, operations