Business-Economy

Bangladesh’s outlook cautious but hopeful: Experts

Staff Correspondent: Bangladesh’s economy is showing signs of a gradual recovery, though GDP growth remains under pressure due to historically low tax revenues and a struggling banking sector burdened by

Remittance inflow rises by 34.6pc in April

Staff Correspondent: The country’s remittance inflow witnessed a remarkable year-on-year growth of 34.6 percent, reaching US$2,752 million in April. According to the latest data of Bangladesh Bank (BB), the country

19 listed banks fail to declare dividends for delayed approval

TDS Desk: Nineteen out of 36 banks listed on the stock market have failed to announce dividends for the 2024 financial year within the stipulated deadline due to delays in

Abandoned land of Khulna Newsprint Mills: BCIC to implement project for APIs

Hosneara Parvin Khuku from Khulna: The Bangladesh Chemical Industries Corporation (BCIC) has initiated to implement a project for manufacturing of Active Pharmaceutical Ingredients (APIs) with the intension of expanding country’s

BD may quit IMF deal, if terms tighten

Staff Correspondent: Bangladesh will pull out of the loan programme if the International Monetary Fund (IMF) imposes additional conditions for the release of upcoming tranches of the US$4.7 billion loan,

NovoAir stops flight operations due to financial crisis

TDS Desk: Novoair, a Bangladeshi private airline company, shut down its operations from Friday (May 2) due to an internal financial crisis. When contacted, Novoair authorities said that flights have