Business-Economy

Janata Bank officials slam draft promotion policy

Staff Correspondent: A group of Janata Bank officials has expressed strong dissatisfaction with a newly drafted promotion policy, alleging that it favours a particular group and undermines merit and fairness.

Dollar rate falling fast

Staff Correspondent: Just a year after grappling with a severe US dollar shortage, Bangladesh’s foreign exchange market is now awash with the greenback. This dramatic reversal has prompted the Bangladesh

Bank loans flowing into govt bonds

TDS Desk: There is little to no demand for loans in the private sector. No major industrial group is initiating new investments, and large-scale projects remain stalled. Businesses—both small and

US tariff threatens booming synthetic shoe exports

TDS Desk: The country’s growing non-leather footwear industry, which more than doubled its exports in just seven years, now faces a major setback as a steep new tariff from the

Govt to use drones to boost crop yields

TDS Desk: Bangladesh has launched a major technological intervention in its agriculture sector by introducing drone-based farming practices under the “Climate Smart Agriculture and Water Management Project (CSA-WMP)”. The move

Millions of jobs may face wipeout

TDS Desk: Bangladesh’s export-led economy faces a potential employment crisis as the US prepares to impose a 35-percent countervailing tariff on imports from the country on August 1. Industry leaders