Business-Economy

BD eyes $3bn in loan support from IMF, dev partners by June

Staff Correspondent: The finance ministry has said there is a strong possibility that the International Monetary Fund (IMF) will disburse the fourth and fifth tranches of its loan to Bangladesh

18 banks await BB sign-off on financial reports

Staff Correspondent: Delays in the regulatory approval process have left 18 banks, accounting for half of all stock market-listed banks, unable to finalise their annual financial reports. As a result,

Govt plans to align official land price with market rates

Staff Correspondent: The government plans to regularly update the official land price, aligning with the market rates to eliminate the gap between the actual sale price and the deed value

Farmers in Garo Hills turn to commercial pineapple cultivation

Sherpur Correspondent: Farmers in the Garo Hills are increasingly turning to commercial pineapple cultivation, attracted by its high yield and promising profit margins. Despite damage to paddy and other crops

More woes for businesses if doubling minimum tax

Staff Correspondent: Despite widespread criticism from both local and international investors, the interim government is set to increase the mandatory minimum tax levied on company turnover to 1% from existing

bKash posts Tk132cr profit in 3 months

TDS Desk: bKash, the country’s leading mobile financial service provider and a subsidiary of BRAC Bank, reported a significant 88% year-on-year growth in profit, reaching Tk131.88 crore in the first