July 31, 2026, 2:26 am
Business-Economy

Explainer: Sri Lanka has negative inflation, but govt wants to increase it

TDS Desk: Boosted with $2.9 billion support from the International Monetary Fund (IMF) it secured in March 2023, the South Asian country has now made a full turnaround. Its central

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Decline in rod sales threatens Tk7,50,000cr investment

TDS Desk: Sales of construction rods have plummeted by 70% in the past four months, posing a significant threat to investments worth Tk7,50,000 crore across 200 steel rerolling mills, according

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NBR reduces customs duty, exempts regulatory duty, advance tax on air purifiers import

TDS Desk: The National Board of Revenue (NBR) Tuesday said the import cost of each air purifier will reduce to Taka 7,000 from Taka 1,500 depending on the type as

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Tk1.77 lakh cr default loan cases settled with just 20pc recovery

TDS Desk: Bank officials say the key reasons for these loans being defaulted include indiscriminate loan disbursement in collusion with bank directors and related institutions, overvaluation of collateral, and the

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  Govt stops subsidized vegetable, onion sales

TDS Desk: Subsidised sales of vegetables, onions and potatoes ended last month, and the government would not resume the programme seeing it did not leave a noticeable impact on markets,

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Govt plans highest rice imports in 7 yrs

TDS Desk: The interim government is planning to import seven lakh tonnes of rice, the highest in about seven years, to build its staple food reserves. The government initially planned

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