Business-Economy

World food price dips during Dec: FAO

TDS Desk The benchmark for world food commodity prices declined in December compared to the previous month, led down by a drop in international sugar quotations, the Food and Agriculture

GCC buys Tk8.66cr mosquito-killing chemicals from fraud firms

TDS Desk Gazipur City Corporation (GCC) has been embroiled in a scandal involving the purchase of mosquito-killing chemicals worth Tk8.66 crore from fraudulent companies amid a deadly dengue outbreak which

VAT hike: Revenue boost or public burden?

TDS Desk Families across the country are bracing for a potential increase in their living costs, while businesses express deep concerns about the government’s plan to hike Value Added Tax

Export earnings grew nearly 12.84% in H1 of FY25 to reach $24.53 bn

TDS Desk Bangladesh’s merchandise exports experienced positive growth for the fourth consecutive month, increasing by 17.72% year-on-year in December, primarily driven by readymade garment (RMG) shipments. Export earnings grew 12.84%

Taka loses 12.72% value in 2024 as dollar strengthens

TDS Desk The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over the year.

Sonali Bank reports profit growth despite 2024 being challenging year: MD

TDS Desk Sonali Bank Managing Director Shawkat Ali Khan said that despite 2024 being a challenging year for the banking sector, the institution has achieved significant growth. “Despite political instability