Business-Economy

Economy slowing, negative revenue growth shows the sign

TDS Desk For Bangladesh, it is no longer the question of whether the economy is destined for a hard landing or a glide to a flat state; rather the question

Sherpur sweet potatoes being exported to Japan

Sherpur Correspondent Farmers in Sherpur are now commercially cultivating sweet potatoes and exporting them abroad, with the root vegetable grown in the char (riverine island) areas of the district going

Revenue collection falls 6% in first half of FY25

TDS Desk: The government’s revenue collection fell 6% in the first half of fiscal year 2024-25 (FY25) from the same period the previous year, making it nearly impossible to meet

World Bank to provide $30m more for Bangladesh’s power transmission network

TDS Desk: The government of Bangladesh and the World Bank have signed an agreement as additional financing on the Enhancement and Strengthening of Power Transmission Network in Eastern Region Project

Keya Cosmetics announces permanent closure of factory operations

TDS Desk: In a media release issued Thursday (23 January), the company cited market instability, discrepancies in accounts with its bank, shortages of raw materials and declining production activities as

Foreign investors pull out stock investments after brief uptick post-Hasina

TDS Desk: Initially, foreign investors showed optimism about potential reforms under the interim government, leading to increased activity. According to Dhaka Stock Exchange (DSE) data, trading by foreign investors surged