Business-Economy

Diesel, Petrol bought in dollars being freely smuggled

Staff Reporter A significant price gap between diesel and petrol in Bangladesh and India has allegedly fuelled an ongoing smuggling operation, according to a recent investigation. The difference of Tk22-25

Another policy rate hike this week: BB governor

The next policy hike will come next month, Governor Ahsan H Mansur said TDS Desk: The Bangladesh Bank will hike the policy rate in two more rounds, with the first

Govt revenue collection falls Tk10,000cr short in July-Aug amid unrest

Sources said that, according to the finance ministry's Integrated Budget and Accounting System (iBAS++), the NBR collected about Tk41,000 crore in the first two months of this fiscal year, missing

5 vulnerable banks secure BB guarantee for liquidity

The banks are National Bank, Social Islami Bank, First Security Islami Bank, Union Bank, and Global Islami Bank TDS Desk: The Bangladesh Bank (BB) has signed agreements with five crisis-hit

Post-flood economic recovery: BD seeks $1.0b aid from Japan

TDS Desk: Bangladesh has recently sought $1.0-billion budgetary support from Japan to facilitate the country’s post-flood recovery in the eastern region and also to weather the economic storm, officials said

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