Business-Economy

Cenbank forms new IFIC bank board

TDS Desk: The Bangladesh Bank on Wednesday dissolved the board of directors of IFIC bank, and formed a new six-member board, effectively dropping Sheikh Hasina’s corrupt adviser Salman F Rahman

Joint army-police operation prompts reopening of about 100 factories in Ashulia

TDS Desk: About 100 factories in the Ashulia industrial area reopened Wednesday (4 September), following a joint operation by the army and police, which provided security assurances to the garment

Adviser Hassan Ariff warns against ‘outsiders’ inciting worker unrest in Ashulia and beyond

TDS Desk: In response to ongoing worker unrest in Ashulia and other parts of the country, which officials believe is largely driven by outsiders, the government has announced plans to

Widespread embezzlement in banking sector showing fake documents of land, flat

TDS Desk: Over the past 15 years, there have been reports of widespread embezzlement in the banking sector, involving the use of fake documents for land and apartment mortgages as

Business leaders urge Chief Adviser to ensure security

BSS, Dhaka Top business leaders have urged Chief Adviser Prof Muhammad Yunus to take immediate action, including deploying additional army personnel if necessary, to ensure the security of factories amid

Default loans hit record Tk2,11,391cr

TDS Desk: Default loans in the banking sector hit an all-time high of Tk2,11,391 crore at the end of June this year, as per the latest Bangladesh Bank data. Such