August 22, 2026, 7:42 am
Business-Economy

Cost of project delay: Bangladesh misses WB grace periods

TDS Desk: Imagine a factory owner forced to start repaying bank loans before the factory produces a single product. Inevitably, financial stress and eventual default would almost be assured. That,

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327 factories shut down, over 150,000 workers jobless

TDS Desk: More than 3,000 workers were once employed at the 100 per cent export-oriented Mukul Knitwear Limited factory in Nilnagar of Konabari, Gazipur Metropolitan City. As the global economic

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Government borrowing hits record high in FY25

TDS Desk: National debt stood at BDT 19.23 trillion when the Awami League government was ousted on August 5, 2024. Many expected the subsequent interim government to curb spending and

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Tk 14cr fuel oil vanishes between ship and refinery

TDS Desk: Fuel oil worth nearly Tk 14 crore has allegedly disappeared during the unloading of two crude oil consignments destined for Eastern Refinery Limited (ERL), triggering serious concerns over

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Holding tax for Bscic factories may drop to 5% in cities, 2% elsewhere

TDS Desk: The government is set to significantly reduce the holding tax on factories located in the Bangladesh Small and Cottage Industries Corporation (Bscic) industrial estates, aiming to ease business

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Banks in Bangladesh see minimal deposits from the ultra-wealthy

TDS Desk: Nearly 35,000 people in Bangladesh hold assets of at least $1 million (equivalent to BDT 122 million at the current exchange rate), according to Credit Suisse. The Zurich-based

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