Business-Economy

Govt debt surges to 1,697,000C in March’24

TDS Desk: Government debt has accumulated to Tk1,697,000 crore until March 2024 in an increase by Tk84,000 crore or 5% year on year, as Bangladesh grapples to meet its fiscal

Political instability causes sharp 80pc drop in outbound tourism

TDS Desk: Outbound tourism from Bangladesh has experienced a sharp decline, with the number of travelers dropping by around 80 percent due to the ongoing political unrest since July, according

Govt to take over Islami Bank shares: Mansur

Correspondent Desk: Bangladesh Bank Governor Ahsan H Mansur on Wednesday said the government will take over the shares of Islami Bank in accordance with the law, which are currently held

Bangladeshi tycoon Khan says investor confidence must be revived

TDS Desk: One of Bangladesh’s wealthiest tycoons said the world’s second-largest garments exporter must do more to create quality jobs and assuage nervous investors. “There are so many unemployed youth,”

Overcoming economic crisis now big challenge

TDS Desk: Businesses in Bangladesh are grappling with an array of economic challenges, including a significant decline in imports, due to a severe dollar shortage, gas and electricity crises, instability

India resumes textile, chemical exports to BD

TDS Desk: India’s Gujarat resumed exporting textiles and chemicals to Bangladesh after a brief halt as Bangladesh’s political situation is getting normal, according to industry experts. Traders have started getting