Business-Economy

Gross forex reserve $18.56 billion, not $20 billion: Cenbank spokesperson

TDS Desk The country’s gross foreign exchange reserve reached $18.56 billion on December 1, according to Bangladesh Bank data. Husne Ara Shikha, spokesperson of Bangladesh Bank confirmed the matter. Earlier

ACC lunches probe into alleged Rooppur nuke project graft

TDS Desk: The Anti Corruption Commission (ACC) has initiated an enquiry into allegations of corruption, embezzlement and money laundering involved in Rooppur Nuclear Power Plant project. A special team of

Tulip Siddiq questioned by officials over £4bn fraud allegations

TDS Desk: Tulip Siddiq, Minister of the ruling Labour Party in the United Kingdom, has been interviewed by the Cabinet Office’s propriety and ethics team over allegations that she helped

Bangladesh must boost investment to avoid economic crisis: Analysts

TDS Desk: The country risks plunging into an economic crisis in the coming days if the government fails to accelerate public and private investments within the shortest possible time, analysts

ADB, WB approve $1.1b budget support for BD

TDS Desk: The Asian Development Bank (ADB) and the World Bank (WB) have approved a total of US$1.1 billion budget support for Bangladesh. Of the US$1.1 billion budget support, the

EU’s apparel imports during Jan-Oct 2024 shows sign of recovery

TDS Desk: From January to October 2024, the EU’s apparel imports experienced a mixed trend. EU’s apparel imports totalled US$ 77.78 billion during this period, a slight increase year-on-year by