Business-Economy

Food inflation soars for weak oversight

TDS Desk Bangladesh is grappling with surging prices of essential goods, a situation that highlights critical weaknesses in market regulation and supply chain management. With unchecked gaps in the supply

Rice to be imported to tackle situation: Food Adviser

TDS Desk New Food Adviser Ali Imam Majumdar has said the government has taken measures to import rice to counter the recent Aman crop losses caused by recent flood. The

Appointing foreign law firms to recover money laundering approved

TDS Desk Bangladesh Bank (BB) has approved the appointment of an international ‘Law Firm’ to take legal assistance in recovering money smuggled out of the country. The policy was approved

‘Receiver’ appointed in Beximco management

Staff Correspondent Bangladesh Bank has appointed a ‘receiver’ for the leading industrial group, Beximco Group. The receiver’s role will be to ensure proper management of all the institutions under the

Exports grew by 20.6pc in Oct

TDS Desk For the second consecutive month, Bangladesh’s merchandise exports have experienced a positive growth. The earnings grew by 20.6% year-on-year in October, primarily driven by readymade garment shipments, despite

Business owners face hostile environment

News Desk The Bangladesh Bank (BB) and its Financial Intelligence Unit (BFIU) have clarified that they cannot appoint a receiver for any business without following a lengthy and established procedure.