Business-Economy

Export data gap balloons to $4b despite 2024 reset

TDS Desk: The gap in export data maintained by the Export Promotion Bureau (EPB) and the Bangladesh Bank (BB) has persisted even though both agencies teamed up last year and

HSBC to wind down retail banking in Bangladesh

TDS Desk: HSBC has announced a decision to wind down its retail banking business in Bangladesh in a phased manner starting in the second half of this year. The decision

Rooppur Nuclear Plant poised to reshape Bangladesh’s power landscape

Staff Correspondent: The Rooppur Nuclear Power Plant is set to usher in a transformative era for Bangladesh’s energy strategy. Once fully operational, it will mark a new chapter in the

Islamic banks fall behind in remittance race

Staff Correspondent: Bangladeshi nationals living abroad sent more money home in the twelve months to March this year compared with the same period a year earlier. But many chose to

Home loan growth slows in FY24, reaches Tk 1.28t

TDS Desk: The growth in outstanding housing loans in Bangladesh dropped to 7.51 per cent in FY24, down from 12.61 per cent in the previous fiscal year, reflecting a slowdown

High price of rice in Bangladesh bucks the trend of easing inflation

Staff Correspondent: Despite a record Boro harvest, rice prices in Bangladesh remain unusually high, raising questions about market manipulation amid weak monitoring as well as regulation. A visit to several