Business-Economy

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

WB approves $700m for BD Rohingya crisis

TDS Desk: The World Bank’s Board of Executive Directors on Wednesday approved two projects totalling $700 million to provide basic services and build disaster and social resilience for both the

SUSTAINABILITY BENCHMARK: 12 new RMG factories get LEED certification in 2024

TDS Desk: In the first five months of 2024, Bangladesh’s readymade garment (RMG) industry has achieved a significant milestone in sustainable fashion, with 12 factories earning LEED certification. LEED (Leadership

Budget 2024: More elderly people, widows to get allowances

TDS Desk: The upcoming budget for FY 2024-25 will include a provision to add fresh 600,000-700,000 citizens as beneficiaries under the social safety net programme. Hence, the government plans to

Government’s fiscal strategy: Balancing risks and growth

UNB, Dhaka: To mitigate fiscal risks, the Bangladesh government has adopted several strategies, including risk transfer and reduction, the creation of fiscal buffers, and diversification through various measures. However, further