Business-Economy

Cancellation of 31 renewable power projects worth $6b hurts investor confidence: TIB

TDS Desk: Transparency International Bangladesh (TIB) has expressed deep concern over the interim government’s decision to cancel 31 unsolicited renewable energy projects involving an estimated investment of around $6 billion,

Fleet crunch deepens at Biman as leasing efforts fail, new aircraft years away

TDS Desk: At a time of surging passenger demand, Biman Bangladesh Airlines is facing a worsening fleet crisis after failing to add a single aircraft over the past five years.

Rice prices keep food inflation high despite slight easing in Nov: GED

TDS Desk: Bangladesh’s overall inflation rose slightly in November and rice remained the single largest contributor to food inflation, accounting for 40.28 per cent, according to the Monthly Economic Update

World Bank approves $150 million to support employment of Bangladesh’s low-income youth

TDS Desk: The World Bank has approved $150.75 million in additional financing to expand a national programme aimed at creating employment and income opportunities for low-income youth and microentrepreneurs in

Govt cuts import duty on dates ahead of Ramadan

TDS Desk: Bangladesh has reduced import duties on dates by 40 percent ahead of Ramadan, aiming to keep supplies steady and prices within reach for consumers, the National Board of

How imported second-hand clothes keep Bangladesh warm

Staff Correspondent: If you walk along Sadarghat’s Northbrook Hall Road by the river, you will notice shops whose nameplates do not match their ware. These shops were once hubs for