Business-Economy

BD slashes Adani Power dues with $384m payment, $500m still outstanding

Staff Correspondent: Bangladesh has paid USD 384 million to India’s Adani Power in June, significantly cutting down its outstanding payments under an existing power supply agreement, according to officials familiar

Mango farming drives Barind economy, boosts farmers’ fortunes

Rajshahi Correspondent: Steady expansion of mango farming in the Barind region over the past decade has significantly boosted the local economy while transforming the livelihoods of thousands of farmers. Known

Rising debt signals warning for BD economy

Staff Correspondent: Bangladesh’s rising public debt is raising red flags among economists and policymakers, as the debt-to-GDP ratio has climbed nearly 11 percentage points over the past decade, reaching 37.62

Remittance crosses $30bn on June 28

Staff Correspondent: Bangladesh reached a historic milestone on June 28, with remittance inflows surpassing US$30 billion, breaking all previous records. According to the Bangladesh Bank, from July 1, 2024, to

Gold prices drop by Tk 4,292 within a week

TDS Desk: Gold prices have dropped once again in the local market, with the Bangladesh Jeweller’s Association (BAJUS) reducing the price of 22-carat gold by Tk 2,624 per bhori, following

How ONE Bank hides Tk995cr loss through provision deferral

TDS Desk: ONE Bank, a private sector lender, reported an 11.30% profit growth in 2024, posting a net profit after tax of Tk127.97 crore. However, according to its external auditor,