July 29, 2026, 11:35 am
Business-Economy

Directive to declare shares of five merged Islamic Banks as zero

TDS Desk: Bangladesh Bank has instructed that the share value of shareholders of five Shariah-based banks included in the newly formed United Islami Bank PLC be officially declared zero. The

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Russia defers Rooppur loan repayment to 2028

TDS Desk: Russian Ambassador to Bangladesh Alexander Khozin said on Monday that Moscow has deferred the commencement of the main debt repayment for the Rooppur Nuclear Power Plant (NPP) project

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Idle cash flows back into banks

TDS Desk: Entrepreneurs are showing little interest in investing at higher interest rates, while small investors are staying away from the capital market for fear of losses. At the same

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Govt owes banks Tk4,000cr in remittance incentive dues

Staff Correspondent: The government’s unpaid remittance incentive bills to commercial banks have crossed Tk4,000 crore, raising concerns about shrinking profitability and mounting liquidity pressure in the banking sector. Banks pay

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Four foreign companies shortlisted to supply Bhola gas as LNG

Bhola Correspondent: Petrobangla and the Energy Division have moved to convert natural gas from the island district of Bhola into LNG for large-scale supply to factories in and around Dhaka.

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Farmers of early varieties of potato hit by old stock glut

Staff Correspondent: Farmers who cultivated early varieties of potatoes are once again incurring losses as prices of newly harvested tubers remain unusually low due to an oversupply of older stock

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