Business-Economy

Crises hamper agarwood perfume industry’s potentials

TDS Desk: Rows of agar trees line on both sides of the rural roads in Barlekha upazila of Moulvibazar. The fragrance of agar and attar fills the air as most

Investors adopting ‘wait-and-see’ policy as Jul-Sep proposals fall

TDS Desk: Investment proposals fell nearly 72% in the July-September quarter from the previous three-month period, thanks to the July-August political upheaval and subsequent uncertainty over the new government’s economic

DCCI raises alarms over VAT and gas price hikes

TDS Desk: The Dhaka Chamber of Commerce & Industry (DCCI) has raised serious concerns over proposed hikes in industrial gas prices and VAT, warning they could disrupt business, deter investment

Savings certificate interest rates rising from Jan 1 last

TDS Desk: The interim government is set to hike the interest rates for savings certificates effective from January 1 last, with increases of at least one percentage point. Investors with

Troubled National Bank seeks Tk1,000cr more from Cenbank

TDS Desk: A senior central bank official, on condition of anonymity, “They sought the support at a 10% interest rate. However, a final decision on whether the support will be

Janata Bank to auction Ron Haque Sikder’s power plant over unpaid loan

TDS Desk: According to the notice, as of 30 June, PowerPac Mutiara Jamalpur Power Plant owes Janata Bank a total Tk842.82 crore, including interest and associated costs. To recover the