Business-Economy

How ONE Bank hides Tk995cr loss through provision deferral

TDS Desk: ONE Bank, a private sector lender, reported an 11.30% profit growth in 2024, posting a net profit after tax of Tk127.97 crore. However, according to its external auditor,

A budget of less: How will it fare in FY26?

Staff Correspondent: Cutting short a high-flying expansionary budget into a cautious, conservative one was not an easy exercise. The interim government had to trim the development outlay in this fiscal

NBR shutdown Business leaders warn of Tk 3,000cr daily loss

Staff Correspondent: Bangladesh’s business community issued a warning, urging the government to resolve the escalating National Board of Revenue (NBR) crisis, as a ‘complete shutdown’ began on Saturday disrupting daily

How banks made record profits in a depressed year

Staff Correspondent: In a challenging 2024, the majority of Bangladesh’s 36 listed banks struggled to turn a profit, with only about a dozen succeeding. What’s more, these profits weren’t primarily

India restricts land-route imports of certain Bangladeshi jute and other products

TDS Desk: India has imposed a ban on the import of specific jute products and woven fabrics from Bangladesh through all land routes amid worsening relations between the two nations.

BB injects Tk52,500cr into 12 banks by printing money

Staff correspondent: The Bangladesh Bank has injected an unprecedented amount of Tk52,500 crore into 12 financially weak banks by printing new currency, despite maintaining a tightened monetary policy stance. According