Business-Economy

Hundreds of factories shut down, workers laid off

Beximco Group laid off around 40,000 workers from its 15 garment factories TDS Desk Country’s ready-made garment (RMG), textile, and knitwear sectors are in a deep crisis. Industry owners say

Dhaka bourse records lowest turnover in five months

TDS Desk Dhaka Stock Exchange (DSE) saw its lowest turnover in five months today (24 December), as investor participation significantly dwindled. The daily turnover stood at Tk275 crore, a sharp

ECNEC cancels Bangabandhu Safari Park project in Moulvibazar

TDS Desk: The Executive Committee of the National Economic Council (ECNEC) has canceled the “Bangabandhu Sheikh Mujib Safari Park, Moulvibazar (Phase 1)” prioritising the conservation of biodiversity in the Lathitila

Gross forex reserve $18.56 billion, not $20 billion: Cenbank spokesperson

TDS Desk The country’s gross foreign exchange reserve reached $18.56 billion on December 1, according to Bangladesh Bank data. Husne Ara Shikha, spokesperson of Bangladesh Bank confirmed the matter. Earlier

ACC lunches probe into alleged Rooppur nuke project graft

TDS Desk: The Anti Corruption Commission (ACC) has initiated an enquiry into allegations of corruption, embezzlement and money laundering involved in Rooppur Nuclear Power Plant project. A special team of

Tulip Siddiq questioned by officials over £4bn fraud allegations

TDS Desk: Tulip Siddiq, Minister of the ruling Labour Party in the United Kingdom, has been interviewed by the Cabinet Office’s propriety and ethics team over allegations that she helped