Business-Economy

170 factories shutdown amid unrest in Ashulia, Savar, Gazipur: BGMEA president

TDS Desk: Around 170 factories are on the verge of closure due to the ongoing unrest in the industrial areas of Savar, Ashulia and Gazipur, said Khandoker Rafiqul Islam, president

UCB PLC holds board meeting under new leadership

Staff Reporter: United Commercial Bank PLC Limited (UCB), held its first board meeting with the newly-formed board on Wednesday at its corporate head office. Distinguished businessman and the Chairman of

$1 billion worth of gas being stolen every year in the name of ‘system loss’: Ijaz Hossain

TDS Desk: One billion dollars’ worth of gas is being stolen annually in the name of system loss, prominent energy expert Ijaz Hossain claimed Wednesday (4 September). Bangladesh can save

Govt to procure LNG from spot market

BSS, Dhaka The Advisers Council Committee on Economic Affairs today approved a proposal in principle for procuring LNG from the spot market to meet the emergency demand for gas in

Weak banks to get inter-bank liquidity support, not overprinted money: Governor

TDS Desk: Bangladesh Bank Governor Dr Ahsan H Mansur announced on Wednesday that no troubled or weak bank will receive liquidity assistance through the printing of new money. Instead, the

Agro adviser seeks Japan’s help to tackle flood losses

TDS Desk: Agriculture Adviser Lt Gen Md Jahangir Alam Chowdhury (Retd) has sought Japanese cooperation to overcome the losses in the agriculture sector caused by the recent flood in the