Business-Economy

Rice prices to fall with new Aman supplies in market: Food adviser

UNB, Dhaka Food Adviser Ali Imam Majumdar has said that rice prices will likely decline in the coming weeks with new Aman supplies set to hit the markets. “The harvesting

Bank accounts of NRBC Bank chairman Parvez Tamal, 2 other officials frozen

TDS Desk The Bangladesh Financial Intelligence Unit (BFIU) today (14 November) directed banks to freeze all accounts of NRBC Bank Chairman Parvez Tamal and two other officials. The other officials

Fall of S Alam’s empire: Oil, sugar mills shut as banks reluctant to deal with the group

TDS Desk The once mighty but currently of tarnished reputation Chattagram-based S Alam group is finding it hard to keep its factories running as banks are taking a hard stance

LC Margin for fertilizer imports relaxed

TDS Desk The import procedure for fertilizer has been streamlined to ensure a steady supply to farmers at the grassroots level. The Bangladesh Bank has relaxed the LC (letter of

2 politically motivated projects of Bridge Division likely to face axe

TDS Desk The interim government is likely to cancel two projects under the Bridge Division – an elevated road in Kishoreganj and a suspension bridge over the River Meghna –

Shortfall in revenue collection continues in first 4 months of FY25

Revenue collection shortfall stands at Tk 30,767 crore at the end of October against the target of Tk 132,112 crore TDS Desk The National Board of Revenue (NBR) has continued