Business-Economy

Shortage of daily essentials ahead of Ramadan

TDS Desk Ahead of the upcoming holy month of Ramadan, the import levels and stocks of some daily necessities are not in good shape. The import and stock of certain

New upswing in gold market, prices up to all-time record high

TDS Desk The gold market is heading towards its strongest week in a year. The gold prices rose to a record high in global markets on Friday (November 22), mainly

Onion prices dropped, potato prices are rising

TDS Desk The price of potatoes in the kitchen market has not yet decreased. At the retail level, potatoes are still sold at 70-75 taka per kg. However, the price

Taskforce finds S Alam operates 18 shell firms in British Virgin Islands

TDS Desk Controversial Bangladeshi conglomerate S Alam Group has been found to hold substantial investments in the British Virgin Islands (BVI), a well known tax haven and base for shell

Moody’s downgrade doesn’t reflect economic progress since July upsurge: Cenbank

UNB Bangladesh Bank has discounted the Moody’s recent downgrade of Bangladesh’s sovereign credit rating, arguing it does not accurately reflect the significant political and economic progress made since July 2024,

Can Bangladesh amend or terminate its deal with Adani Power?

Several clauses heavily favour Adani and raise financial concerns Bangladesh must pay $450m annually even if it imports no electricity TDS Desk The electricity purchase agreement between Bangladesh and Adani