Business-Economy

Why Bangladesh’s RMG leans to imported yarn, fabrics despite local supply

TDS Desk: Industry insiders warn the growing reliance on imports could place local spinners at considerable risk. Recent data from the National Board of Revenue shows the scale of the

Teams to be sent abroad to identify laundered assets: Finance Adviser

TDS Desk: The government is going to send teams to Dubai and other countries to identify assets held abroad by Bangladeshi taxpayers and bring the money back to the country,

Islami Bank demonstrates resilience, gains customers’ trust

TDS Desk: Islami Bank Bangladesh PLC has showcased remarkable resilience, achieving a 5% growth in deposits year-on-year as of December 2024. Despite challenges in the banking sector, the bank has

Top borrowers Beximco, S Alam now top defaulters, posing threat to dozens of banks

TDS Desk: The country’s top two borrowers, Beximco and S Alam Group, have emerged as the top defaulters following the fall of the Sheikh Hasina-led government, leaving over a dozen

Oil, instead of water, was poured on inflation fire: Dr Zahid

TDS Desk: Dr Zahid Hussain, former lead economist at the World Bank’s Dhaka office, challenged the notion of a “dream economy” during the Awami League’s undemocratic 15-year rule, saying official

Bangladesh Single Window system to ease export-import businesses

TDS Desk: Traders will now avail the service of obtaining different certificates and documents related to export and import businesses of their products and goods by using a single automated