Business-Economy

10 Banks in Crisis, culprits remain out of reach

TDS Desk The banking sector in Bangladesh is grappling with severe turmoil, plagued by a series of irregularities, including loan scams, defaults, and currency laundering. Among the institutions most affected,

ACC to reinvestigate Padma Bridge corruption allegations

Probe set to be relaunched into Hasina’s role in Novo Theatre graft TDS Desk The Anti-Corruption Commission (ACC) on Tuesday announced its decision to relaunch probes into Padma Bridge graft

Apparel industry in deep crisis: 155 factories closed, millions lost jobs

TDS Desk The garment, textile, and knitwear sectors in Bangladesh are in crisis, with industry leaders citing the energy shortage, labor unrest, and instability in the banking sector as the

EXIM Bank calls off merger with struggling Padma Bank

TDS Desk EXIM Bank, a private sector financial institution, has announced that it will not proceed with the planned merger with Padma Bank. The announcement was made on Tuesday following

Education sector likely to see raised allocation in FY25-26

UNB The country’s education sector is likely to get a significant boost in budgetary allocation in the upcoming 2025-26 fiscal year, aiming to enhance the quality of education and align

50,000 Beximco workers lose jobs, living in misery

This abrupt job loss has not only affected the workers but also the local communities DTS Desk The sudden closure of Beximco Group’s factories has plunged approximately 50,000 workers into