Business-Economy

ShopUp and Sary merge to form SILQ with $110M US-Saudi investment

TDS Desk: ShopUp, Bangladesh’s largest B2B commerce platform, and Sary, the leading B2B marketplace and services platform in the Gulf, have merged to form SILQ Group. This merger brings together

India cancels transhipment facility for Bangladesh

TDS Desk: India has terminated the transhipment facility that allowed Bangladesh to export cargo to third countries through its land borders. The Central Board of Indirect Taxes and Customs (CBIC)

Private credit growth slips to 6.82pc, a 21-year low

Staff Correspondent: Since the fall of the Awami League government in August last year, the country has been experiencing political instability and disruptions in law and order, leading to a

Growth forecast for Bangladesh may be revised downward due to US tariff: ADB Official

Staff Correspondent: Although the Asian Development Bank has projected a moderate 5.1 percent GDP growth Bangladesh for 2025-26 fiscal, the forecast may need to be revised downwards due to the

Govt plans to merge smaller Islamic banks to create two large ones: BB governor

Staff Correspondent: Smaller Islamic banks that are in trouble are likely to be merged to form a larger one, Bangladesh Bank Governor Ahsan H Mansur said on Wednesday (April 9).

ADB projects 3.9pc GDP growth for Bangladesh in FY2024-25

Staff Correspondent: The Asian Development Bank (ADB) on Wednesday projected Bangladesh’s gross domestic product (GDP) to grow by 3.9 percent in the current fiscal year (FY2024-25), reflecting weaker domestic demand