Business-Economy

Recapitalization vs inflation: Twin dilemmas of banking crisis

Staff Correspondent: For years, Bangladesh’s banking sector operated under political patronage, allowing loans to be issued – often under fictitious names and without proper collateral. Much of this borrowing has

Govt focuses on 4 priorities to ensure business-friendly environment: BIDA chief

BSS: Executive Chairman of Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA) Chowdhury Ashik Mahmud Bin Harun has said the government is focusing on four priorities to

MONEY LAUNDERING CONTINUES

Staff Correspondent: After the Awami League government was overthrown through a student and public uprising, many influential figures fled the country. They have bought properties—houses, cars, and other assets—in countries

Country’s food processing market hits $8b

Staff Correspondent: Bangladesh’s food processing sector, which was worth $8 billion last year, is growing at an average rate of 8 percent a year, according to a report by the

BD, ADB sign $1.3b loan agreements for 4 mega projects

TDS Desk: Bangladesh on Friday signed loan agreements worth $1.3 billion with the Asian Development Bank (ADB) to finance four major development projects focusing on climate resilience, renewable energy, transport

$3.6b budget support expected by month-end

Staff Correspondent: Bangladesh’s foreign exchange reserves are expected to receive an inflow of $3.618 billion as budget support from global lenders before the current fiscal year ends on 30 June,