Business-Economy

Wholesale prices of pulses and dates trend downward ahead of Ramadan

TDS Desk: Consumer markets in Bangladesh typically come under added pressure in the lead-up to Ramadan. While rice demand tends to ease slightly during the month, demand for pulses, edible

BB fixes passport endorsement fee at Tk300 for money changers

TDS Desk: In a move to regulate service charges for travellers, Bangladesh Bank (BB) has fixed the maximum fee for passport endorsement by money changers at Tk300. To this end,

Bangladesh raises home-loan cap to Tk 4 crore

TDS Desk: Bangladesh’s central bank has lifted the ceiling on housing loans to Tk 4 crore, tying how much banks can lend to the quality of their existing mortgage portfolios

After Salman F Rahman’s fall, Beximco Pharma stays stable

TDS Desk: Salman F Rahman, the co-founder of the Beximco Group, has been in prison for 18 months. Once a private sector adviser to ousted Prime Minister Sheikh Hasina, the

Govt approves Tk24,000cr fuel, crude oil import proposals

TDS Desk: The Advisers Council Committee on Government Purchase on Tuesday (6 January) approved several proposals for the import of fuel and crude oil. The approval came at a meeting

Bangladesh inflation picks up again, defying IMF prescription

TDS Desk: The International Monetary Fund’s recommendation of higher interest rates to tame inflation is failing to produce results. Price pressures within Bangladesh are mounting once again; official data reveal