Business-Economy

Fear of rising inflation looms for recent unrest

Desk Report: The common people have already been floundering under the high inflation rate for the last two years. The people feel this pressure in the market every day. Various

Poor internet service hits digital economy

Micro-entrepreneurs, freelancers incur $34.5m loss TDS Desk: The prolonged internet blackout has dealt a heavy blow to the country’s growing digital economy with f-commerce entrepreneurs and freelancers bearing the brunt

BOP JULY-MAY FY24 // Export earnings see $14.2b mismatch

Staff Correspondent: There is a $14.2 billion mismatch in Bangladesh’s export earnings during the July-May period of FY2023-24, shows an analysis of the Balance of Payments (BoP) report which includes

LIQUIDITY CRISIS// BB provides Tk31,000cr overnight loans to banks

TDS Desk: Banks in Bangladesh are facing a liquidity shortage that has hindered their daily transactions. They are struggling to secure funds from the call money market at desired levels.

DELAYED PAYMENT: BB asks banks not to charge late fees

TDS Desk: Bangladesh Bank (BB) has asked all scheduled banks not to charge late fees from clients over delayed repayment and depositing in saving schemes between July 18 and July

Trade deficit falls by $6b in July-May FY24

TDS Desk: Despite a decline in exports, Bangladesh’s trade deficit decreased by $6 billion to $20 billion in the first 11 months of FY24, thanks to a significant reduction in