Business-Economy

Govt considers ‘settlements’ with tycoons accused of money laundering: FT report

TDS Desk: The interim government has signalled it could agree on financial settlements with tycoons accused of funneling money out of the country, reports the Financial Times. Bangladesh Bank Governor

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Staff Correspondent: Bangladesh’s total debt remains sustainable, but keeps rising both in figures and as a percentage of gross domestic product (GDP), requiring the government to plan for an integrated

Rawhide loans fall short; only Tk 125cr disbursed of Tk 232cr target

Staff Correspondent: Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for procuring rawhide during Eid-ul-Azha has fallen significantly short, with only Tk 125 crore disbursed to

Janata Bank reports massive Tk 3,066cr loss in 2024

Staff Correspondent: Janata Bank PLC plunged into massive losses in 2024 as its net interest income dropped significantly. The state-run bank posted a loss of Tk 3,066 crore in 2024,

Over 65 lakh rawhides likely to waste

Staff Correspondent: This year’s Eid-ul-Azha once again highlighted both the vast potential and ongoing inefficiencies of Bangladesh’s leather industry, with over 65 lakh rawhides reportedly going to waste. While a

Private sector credit growth remains below 8pc for 6 consecutive months

Staff Correspondent: Despite a few fluctuations, private sector credit growth in Bangladesh has maintained a downward trend since the fall of the Awami League government in the wake of the