Business-Economy

Tough stance on MRT-05 south for inflated costs

TDS Desk: The Planning Commission of the government has taken a firm stand against the proposed megaproject MRT-05 (south) mainly due to its bloated costs and non-rationalisation in route selection.

BD seeks help from IMF for financial sector reforms, repatriating laundered money: Finance adviser

‘We asked for new resources [loans], but did not mention any figure. We will meet the IMF policy makers in Washington in October’ TDS Desk: Bangladesh has sought technical support

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