Business-Economy

Burden of taxes intensifies as revenue woes deepen

TDS Desk: The uncertainty in the country’s political landscape has impacted its economy. The interim government period has seen a decline in business confidence and investments, along with slower production,

Not a single penny recovered yet from launderers

TDS Desk: Over four and a half months have passed since the formation of the task force to recover laundered funds, but not a single penny has been repatriated to

High interest rates hit businesses, employment

TDS Desk: The surge in inflation is eroding household incomes and employment opportunities, driven largely by rising bank loan interest rates and reduced production. While depositors may benefit from higher

Democratic government needed for long-term stability: BCI president

TDS Desk: Speaking at a press conference organised by the BCI at its office in the capital’s Tejgaon, he said, “We must understand that economic stability is fundamental…The July revolution

Bangladesh reaches big deal with US to purchase 5m LNG annually

TDS Desk: Bangladesh has reached a significant agreement with the US-based company to purchase five million tonnes of Liquefied Natural Gas (LNG) annually to meet its growing domestic demand. Bangladesh

Inflation can be reduced to 6-7% in next fiscal: Dr Zahid Hussain

TDS Desk: Dr Zahid Hussain, a prominent figure and former lead economist at the World Bank’s Dhaka Office, has expressed optimism that the general point-to-point inflation rate could be reduced