Business-Economy

Deposits dry up in Bangladesh banks: Report

TDS Desk: Bangladesh’s banking sector is now witnessing a reversal in deposit growth, as total deposits shrink in the wake of widespread corruption and soaring loan defaults in several banks,

Remittance inflow raises by33.6pc in first 27 days of July

TDS Desk: Inflow of remittances witnessed a remarkable year-on-year growth of 33.6 percent, reaching US$2,099 million in the first 27 days of July, according to the latest data of Bangladesh

$2.5b power plant stalled: Project trapped by faulty tender, single bidder monopoly

Staff Correspondent: The country’s ambitious 1,320 MW ultra-supercritical coal-fired power plant in Patuakhali, built at a cost of $2.54 billion, stands fully constructed and ready to supply electricity to the

Bangladesh opts for import ‘incentives’ to win Trump’s support

TDS Desk: As the clock ticks toward the August 1 deadline for a punitive 35 per cent US counter-tariff on Bangladeshi exports, Dhaka is making a high-stakes diplomatic push –

Foreign debt: Bangladesh pays record $4.09b in one year

Staff Correspondent: Bangladesh’s foreign debt repayment has exceeded $4 billion (400 crore dollars) for the first time. In the outgoing fiscal year (2024-25), the country paid back approximately $4.09

July signals promising economic rebound: GED

TDS Desk: July, the first month of the current fiscal year (FY26), indicates promises for rebounding economic activity, despite ongoing challenges. The General Economics Division (GED) of the Planning Commission,