Business-Economy

5 Indian power companies owe over $1b to Bangladesh

TDS Desk: Five Indian power companies that supply electricity to Bangladesh are owed more than $1 billion, The Economic Times reported today quoting industry executives aware of the matter. Despite

Eliminate scope to whiten black money

TDS Desk: The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) yesterday demanded the abolishment of a provision that allows black money to be whitened without scrutiny by paying

Supply crisis in Feni: Candle, gas cylinder prices skyrocket amid flooding

TDS Desk: Severe flooding in Feni district has led to a crippling supply crisis, causing the prices of essential items to soar. Over the past week, widespread flooding has submerged

S Alam Group dropped from fuel refinery project

TDS Desk: S Alam Group has been dropped from the joint venture project of Eastern Refinery Limited (ERL) for refining fuel oil. The interim government took a policy decision

How Khairul crippled the primary market and Shibli the secondary

TDS Desk: When market regulators around the world set examples of enforcing securities laws, protecting investors, ensuring transparency, and preventing fraud, Bangladesh’s situation has been markedly different with the regulators

NBR intensifies crackdown on major tax evaders

TDS Desk: The National Board of Revenue (NBR) has launched a new initiative targeting major tax dodgers, signalling its resolve to eliminate tax evasion and curb the creation of black