Business-Economy

Expats send $224cr remittance in 24 days

Staff Correspondent: The expatriate Bangladeshis sent around $224.60 crore (about Tk 27,401 crore) in remittances in the first 24 days of May. The country received about $9.35 crore on average

Govt fixes rawhide prices ahead of Eid-ul-Azha

Staff Correspondent: The government has increased the price of cowhide by Tk 5 per square feet compared to last year, setting the rate at Tk 60-65 within Dhaka while Tk

UNCTAD warns of economic shock for BD amid global tariff changes

TDS Desk: Bangladesh’s economy could face serious disruption following sweeping new US import tariffs, warns a recent report by the United Nations Conference on Trade and Development (UNCTAD). The report

Top earners face 30pc tax again as inequality rises

Staff Correspondent: After five years, the income tax rate for the highest bracket is likely to revert to 30 percent in the upcoming fiscal year as part of the government’s

Strong external sector bolsters economic recovery hopes: GED

Staff Correspondent: The Planning Commission’s General Economics Division (GED) expects an economic recovery bolstered by a favorable external sector with positive exports, remittance growth, and a stable exchange rate. “While

Payment of wages, festival allowances: Around 200 factories at risk of labour unrest before Eid

Staff Correspondent: Around 200 factories, including textile and readymade garments, in different industrial zones are at risk of labour unrest as, according to law-enforcement agencies, these units are unlikely to