Business-Economy

Bangladesh to further negotiate on US tariff: Commerce Secretary

TDS Desk: Commerce secretary Mahbubur Rahman said that Bangladesh has sought time from the US to negotiate on tariff further. He made the remarks while addressing a press briefing at

17 private banks sign MoU to support universal pension scheme

Staff Correspondent: In a move to strengthen the implementation of the Universal Pension Scheme, the National Pension Authority (NPA) on Monday signed a Memorandum of Understanding (MoU) with 17 private

20 non-banks on BB red list

TDS Desk: Twenty non-bank financial institutions (NBFIs) have been placed in the “red” category by the central bank, as their loan exposures exceed three times the value of the collateral

BB buys $171m in first-ever auction

TDS Desk: For the first time, Bangladesh Bank (BB) purchased US$171 million on Sunday from commercial banks through an auction. The central bank’s latest move came in the wake of

Expats send $1.07b remittance in 12 days of July

TDS Desk: The expatriate Bangladeshis sent around $107.10 crore (about $1.07 billion) in remittances in the first 12 days of July. Bangladesh Bank’s executive director and spokesman Arif Hossain Khan

‘WB to continue support to Bangladesh projects’

TDS Desk: The World Bank (WB) has assured Bangladesh of continuing its assistance in ongoing projects along with the budgetary support. “It (World Bank) has expressed its satisfaction over the