Business-Economy

S Alam siphons off Tk15,000cr from SIBL

TDS Desk: S Alam Group, a business conglomerate with close ties to the former Awami League government, has allegedly siphoned off approximately Tk15,000 crore from Social Islami Bank Limited (SIBL)

Bangladesh Bank imposes lending limits on S Alam Group’s six banks

TDS Desk: Bangladesh Bank has imposed lending limits on six banks owned by the controversial S Alam Group, requiring them to obtain central bank approval before granting any loan exceeding

NBR chairman says allowing black money whitening unacceptable; vows crackdown on launderers

TDS Desk: Emphasising that it wouldn’t matter who the offenders were, he said, “The Bangladesh Financial Intelligence Unit is already working on identifying these criminals, and we will not sit

Benapole imports plummet amid dollar crisis

TDS Desk: Benapole Port, a crucial trade gateway between Bangladesh and India, has witnessed a substantial decline in imports over the past few years. According to the latest data, the

Will make every effort to improve business environment, and control inflation: Salehuddin

TDS Desk: Salehuddin Ahmed, adviser to the finance and commerce ministry, has pledged to make every effort to improve the business environment in Bangladesh and control inflation for the benefit

Apparel industry upbeat with positive gesture from global buyers

TDS Desk: Some global fashion brands have increased their sourcing from Bangladesh despite the recent political turmoil in the country centring on the quota reform movement that eventually ousted the