Business-Economy

Raw material imports slump on low demand

TDS Desk: Imports of raw materials for different sectors have remained weak since 5 August last year as businesses continue to wait for policy certainties and socio-political stability. The government

Chinese investments so far offer little to BD economy

TDS Desk: Chinese investment in Bangladesh is increasing, but at a slower pace than in Southeast Asia and mostly in areas with limited long-term value for the economy. So far

Remittance inflow rises by 25.6pc in 17-day of August

TDS Desk: Inflow of remittances witnessed a year-on-year growth of 25.6 percent (pc), reaching US$1,424 million in the first 17 days of August, according to the latest data of Bangladesh

Logistics costs eat up 16pc of GDP

TDS Desk: Bangladesh spends as much as 16 percent of its gross domestic product (GDP) on moving goods from factories to customers, far above the global average of 10 percent,

Over 500 industrial units on the brink of collapse

Staff Correspondent: Over 500 industrial factories in Bangladesh have either shut down or become defunct over the past year due to indecision from Bangladesh Bank and sluggish loan rescheduling processes.

Biman reports record Tk 9.37b profit in 2024-25 fiscal year

Staff Correspondent: State-owned Biman Bangladesh Airlines has reported an unaudited profit of Tk 9.37 billion for the 2024-25 fiscal year. The national carrier has described the figure as a milestone