Business-Economy

Revenue collection falls in Q1 of current fiscal

UNB, Dhaka The revenue collection of the National Board of Revenue (NBR) suffered in the first three months of the running 2024-25 fiscal. The total collection in this period, the

Now IMF slashes Bangladesh’s economic growth forecast to 4.5pc

TDS Desk: In line with the predictions made by the World Bank and the Asian Development Bank, now the International Monetary Fund (IMF) too has lowered the economic growth forecast

Traders on the prowl to disrupt rice market

TDS Desk Now rice traders are on the prowl to make exorbitant profit by raising rice prices notably despite having an all-time high production of the food-grain in the country.

Bangladesh’s RMG exports to EU drop 3.53pc in Jan-Aug’24

EU apparel imports fall 3.63pc during this period TDS Desk Bangladesh’s exports of readymade garments to the European Union (EU) saw a 3.53 per cent decline from January to August

Bangladesh Bank hikes policy rate to 10pc

TDS Desk The Bangladesh Bank has increased the policy rate, a key monetary policy tool, by 50 basis points to 10%. It will be effective from 27 October, the central

Businesses shutting down, non-performing loans on the rise

Extensive plundering under AL regime affected banking sector Influential groups took out large loans, siphoned off money abroad TDS Desk: Businesses are shutting down one after another, while the volume