Business-Economy

Finance Adviser confirms continued Indian line of credit projects vital for Bangladesh

TDS Desk: Finance and Commerce Adviser Dr. Salehuddin Ahmed reaffirmed on Tuesday that Indian line of credit (LoC) projects will continue, underscoring their importance for Bangladesh’s development. “These are significant

Banks asked to freeze accounts of Agarwala, family

TDS Desk: The Bangladesh Financial Intelligence Unit (BFIU) on Monday directed all banks to freeze the accounts of Diamond World Managing Director Dilip Kumar Agarwala, who is alleged to be

BAB gets new leaders after 17 years

TDS Desk: The Bangladesh Association of Banks (BAB) on Monday formed an interim three-member executive committee to lead the organisation for about six months until the next organisational election, ending

Will promote inward investments, help shape economic reform agenda: Lutfey Siddiqi

TDS Desk: Chief Adviser’s Special Envoy for International Affairs Lutfey Siddiqi said he will work to promote inward investments and help shape economic reform agenda. Beyond economic diplomacy with the

Private external debt rises $275m in June quarter

TDS Desk: Despite various factors, including exchange rate risk, making businesses less inclined to take out medium- and long-term dollar loans, an increase in short-term loans has led to an

Tk1.09 lakh cr deposited to S Alam Group, family accounts in 6 banks, NBR finds

TDS Desk: The revenue authorities have found that Tk1.09 lakh crore were deposited in accounts across six banks held by various business entities and family members of Md Saiful Alam,