Business-Economy

Bangladesh pays $5m to Qatar Energy LNG, outstanding import bill stands at $32m

Staff Correspondent: Bangladesh has paid $5 million outstanding LNG import bills to Qatar’s state-owned energy giant Qatar Energy LNG on Tuesday (April 22) from the total due of $37 million.

Borrowing turns bitter as lending rates surge

TDS Desk: From large industries to grassroot-level entrepreneurs, everyone is facing the harsh reality of high interest rates on bank loans, which in combination with the liquidity crisis is not

CAB demands strict action against Soybean oil syndicates

Staff Correspondent: Consumers Association of Bangladesh (CAB) on Tuesday urged the government to take strict action against the Soybean oil syndicate as ‘edible oil is going beyond the reach of

Eight banks receive no remittance despite record inflows from Bangladeshi expats

Staff Correspondent: Even though Bangladesh witnessed record-breaking remittance inflows in recent times, eight banks failed to attract a single penny from expatriates. The banks with zero remittance receipts include two

Internet becomes more affordable; Faiz Taiyeb outlines multi-level price reductions

Staff Correspondent: Bangladesh is heading towards a more affordable digital future with significant reductions in internet prices across multiple infrastructure layers, said Faiz Taiyeb, Special Assistant to the Chief Adviser.

Bangladesh lost estimated Tk 226,236cr to tax evasion in 2023: CPD

Staff Correspondent: Bangladesh lost an estimated Tk 226,236 crore in tax revenue in 2023 due to evasion and avoidance, driven by the lack of a fully digitalised tax system. This