Business-Economy

Liquidity mishandling lands dozen banks in quagmire

Risky aggressive lending for corporate malgovernance also to blame TDS Desk: At least 11 of mushrooming private commercial banks (PCBs) in Bangladesh faced with financial vulnerability mainly for a lack

Poverty climbs to 20.5pc in last 2 years of AL regime

TDS Desk: The poverty rate in Bangladesh has risen to 20.5 per cent from 18.7 per cent in the last two years of the Awami League regime. This escalation has

22-day ban on Hilsa fishing to begin from 13 Oct

The ban to be continued till November 3 TDS Desk: The government is going to impose a 22-day ban on hilsa fishing from 13 October. Hilsa catching, selling and transportation

Low import eased pressure on external balances during the July revolution

TDS Desk: The deficit in the country’s current account balance and trade balance narrowed significantly in July, riding on negative import growth during the protests led by the Anti-discrimination Student

Green chilies’ price drops, chicken, vegs and egg go up

TDS Desk: The price of green chillies has decreased by Tk 60 per kg in the capital market. But the price of chicken has increased. Besides vegetables, egg and rice

Interview: Will be able to improve country’s economic situation within a year

The exchange rate has stabilised at Tk120 per dollar for the last three months, which is a positive sign TDS Desk: Bangladesh Bank (BB) Governor Ahsan H. Mansur has said