Business-Economy

Tk2.5 lac crore investment in textile industry under threat

TDS Desk: Bangladesh’s textile sector—home to the country’s largest single private sector investment totalling over Tk2.5 lac crore—is now facing a deep crisis, with industry owners looking to sell factories

Dollar rises after central bank buys greenback via auction

TDS Desk: The price of the US dollar has been steadily climbing since Monday following Bangladesh Bank’s purchase of greenbacks through an auction from commercial banks. Data from Bangladesh Bank

Trade halted at Teknaf port for three months

Staff Correspondent: For three months, trade with Myanmar through the Teknaf Land Port in Cox’s Bazar has been suspended. As a result, hundreds of trucks full of export goods are

Tax intelligence unit uncovers tax evasion of Tk 1874 cr in 7 months: Authorities

TDS Desk: he newly formed Income Tax Intelligence and Investigation Unit has uncovered revenue evasion worth Tk 1874 crore in the preliminary investigation of tax evasion of 183 individuals/organisations based

BERC hikes jet fuel price by up to 5.52 pc

Staff Correspondent: The Bangladesh Energy Regulatory Commission (BERC) on Monday hiked the price of Jet A-1 fuel, also known as aviation fuel, by 5.52 per cent to $0.6401 per litre

From fuels to fruits, imports slump on depressed demand

Staff Correspondent: Imports of some of Bangladesh’s highest revenue-generating goods – from diesel and furnace oil to clinker and fruits – dropped significantly in the just-concluded fiscal year 2024-25, according