Lead News

Investment abroad hits $2b in 6 years

TDS Desk Bangladesh has long been hungry for foreign direct investments (FDI) but that has also been coupled with the outflow of funds through local companies seeking to generate business

Revised budget may be Tk 50,000cr smaller

TDS Desk Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds

A company with a table, 2 chairs even got crores of loan: How IFIC was fleeced of Tk7,129cr

TDS Desk Northstone Engineering Ltd got registered with the Registrar of Joint Stock Company in November 2019. Within five days it opened an account with IFIC Bank’s Gulshan branch and

SC upholds HC verdict scrapping 5 cases against Yunus

TDS Desk The Appellate Division of the Supreme Court today upheld a High Court verdict that scrapped all the proceedings of five cases filed against Nobel Laureate Professor Muhammad Yunus,

Bashar al-Assad flees the country

AFP, Syria A Syria war monitor said that President Bashar al-Assad has left the country, after losing swathes of territory to a lightning offensive led by an Islamist-led rebel coalition

Bangladesh economy should be more open to escape middle-income trap: WB chief economist

TDS Desk Bangladesh should be a much more open economy to escape the middle-income trap, said Indermit S Gill, chief economist of the World Bank Group, on December 7. He