Business-Economy

ADP set for Tk49,000cr downsize amid lowest spending

TDS Desk: According to data from the Finance Division and the Planning Commission’s Programme Division, government fund allocations will decrease by Tk30,000 crore, or 18%, while foreign fund allocations will

How secure is your deposit, if a bank is liquidated?

TDS Desk: Bangladesh has the lowest deposit insurance coverage in South Asia, raising concerns among depositors, particularly as at least 10 banks have become “technically bankrupt” due to rampant corruption

FBCCI’s Anti-Discrimination Reform Council calls on govt to revoke VAT hike

TDS Desk: They made the demand during a press conference held at the Abdus Salam Hall of the National Press Club on January 14. At the briefing, the FBCCI body

BGMEA chief stresses fair pricing for industry sustainability

TDS Desk: Administrator of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Anwar Hossain has emphasised the need for fair pricing to make the industry more sustainable, mentioning that worker

Exports grow over 17.7% in Dec

TDS Desk: Export earnings grew by 17.72% in December 2024 from the same month the previous year, despite persisting political uncertainties and security lapses. In the July-December period last year,

Businessmen backed against the wall

TDS Desk: Resentment among businessmen is mounting as they feel increasingly concerned by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned