Business-Economy

ADB sets record with $1.42 b net income allocation from ordinary capital resources in 2023

UNB: The Board of Governors of the Asian Development Bank (ADB) on Sunday approved the bank’s 2023 financial statements and a $1.42 billion net income allocation from its ordinary capital

Export of plastic products sees nearly 18pc growth

TDS Desk: The export of plastic products witnessed a healthy growth of nearly 18 percent during the July-April period of the current fiscal year (FY24) fetching US$201.09 million due to

India lifts ban on onion export

TDS Desk: India has lifted its ban on onion exports with immediate effect, said a notification from the country’s Directorate General of Foreign Trade on Saturday. While the prohibition for

ADB provides $121.55m for BD solar power generation

TDS Desk: The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy Private Limited to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic

IMF advises BB to disclose full report on banks’ financial health

TDS Desk: The visiting International Monetary Fund (IMF) delegation has advised Bangladesh Bank to disclose detailed and complete information regarding bad and risky loans for the sake of public interest.

7 danger signals identified in Bangladesh’s economy

TDS Desk: The country’s economy is increasingly vulnerable to debt and crisis. Economists say that the Government has taken various initiatives to deal with the situation, however, no light of