Business-Economy

How imported second-hand clothes keep Bangladesh warm

Staff Correspondent: If you walk along Sadarghat’s Northbrook Hall Road by the river, you will notice shops whose nameplates do not match their ware. These shops were once hubs for

Directive to declare shares of five merged Islamic Banks as zero

TDS Desk: Bangladesh Bank has instructed that the share value of shareholders of five Shariah-based banks included in the newly formed United Islami Bank PLC be officially declared zero. The

Russia defers Rooppur loan repayment to 2028

TDS Desk: Russian Ambassador to Bangladesh Alexander Khozin said on Monday that Moscow has deferred the commencement of the main debt repayment for the Rooppur Nuclear Power Plant (NPP) project

Idle cash flows back into banks

TDS Desk: Entrepreneurs are showing little interest in investing at higher interest rates, while small investors are staying away from the capital market for fear of losses. At the same

Govt owes banks Tk4,000cr in remittance incentive dues

Staff Correspondent: The government’s unpaid remittance incentive bills to commercial banks have crossed Tk4,000 crore, raising concerns about shrinking profitability and mounting liquidity pressure in the banking sector. Banks pay

Four foreign companies shortlisted to supply Bhola gas as LNG

Bhola Correspondent: Petrobangla and the Energy Division have moved to convert natural gas from the island district of Bhola into LNG for large-scale supply to factories in and around Dhaka.