Business-Economy

Bangladesh business climate worsens by over 3 points: Index

MCCI launches the third iteration of Bangladesh’s first homegrown index TDS Desk: Distinguished speakers attend the launching of the Bangladesh Business Climate Index for fiscal year 2023-24 at an event

5pc incentive for govt employees likely to continue in FY25

Staff Correspondent: The government employees are likely to receive a 5 per cent special incentive on their basic salary in the upcoming fiscal year 2024-25, in addition to their regular

Remittance crosses $2b in first 29 days of May

TDS Desk: Remittance inflow in May has witnessed massive growth with over $2 billion entering the country from abroad in the first 29 days of the month this year. Year-on-year,

Eid-ul-Azha: No cattle markets allowed beside highways

Staff Correspondent: The Roads and Highways Department has announced that 217 temporary cattle markets, usually set up alongside various highways for Eid-ul-Azha, will not be allowed this year to prevent

Export-import trade: Traders worried over customs harassment

TDS Desk: Businesses have expressed grievance over what they called harassment by customs officials and lamented that it is disrupting their export-import trades. In a recent incident, an export-oriented garment

Country’s 70pc outward FDI went to India in 2023

TDS Desk: According to Bangladesh Bank data, outward FDI by Bangladeshi firms has significantly increased, expanding to more than 22 host countries. Last year, more than two-thirds of the outbound