Business-Economy

From backbone to decline; Bangladesh’s jute exports plunge

TDS Desk: Once hailed as the golden fiber and the backbone of Bangladesh’s post-independence economy, jute now contributes less than 2% to the country’s total export earnings, a sharp fall

BB clarifies withdrawal limits for five merging banks

TDS Desk: The Bangladesh Bank (BB) on Friday issued a clarification regarding the withdrawal of funds by depositors of five banks currently undergoing a merger process, cautioning the public against

Banking crisis laid bare in 2025, lasting fixes hinge on next govt

TDS Desk: When bankers entered the new year and opened their books for 2025, many quickly realised that the scale of long-buried damage was too large to hide any longer.

Higher taxing of billionaires likely to narrow inequality

TDS Desk: Ramping up the tax incidence on high-net-worth individuals (HNWI) is under government strategy to narrow widening income inequality in Bangladesh as the Gini index is getting imbalanced. Medium

BRT corridor tolls would take over 150 years to recover BDT 42.5 billion cost

TDS Desk: Bangladesh spent BDT 42.68 billion to build the Airport–Gazipur Bus Rapid Transit corridor (BRT). Doubts are now growing over whether the project will deliver meaningful benefits due to

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,