Lead News

Defaulted loans may exceed Tk6 lakh cr

TDS Desk: Bangladesh Bank spokesperson Husne Ara Shikha has said “Previously, data on defaulted loans was concealed. Now, we are making an effort to disclose all information publicly. Currently, it

Gas price hike likely to hit industrial growth

TDS Desk: The Petrobangla’s proposal to hike gas prices for new factory supply lines and for additional use by factories would crimp production line expansion, fears Professor Dr Mustafizur Rahman,

Higher VAT to add pressure on industries

TDS Desk: Under pressure from the International Monetary Fund (IMF), the interim government’s decision to increase VAT on 65 items—including medicine, powdered milk, biscuits, juice, fruits, soap, and sweets—midway through

Food ministry seeks Tk4,150cr more for subsidies, rice import amid rising demand

TDS Desk: The Ministry of Food has requested an additional Tk4,150 crore in the revised budget for FY2024-25 to cover increased food subsidy and rice import allocations. This reflects a

‘VAT hike to increase problems’

TDS Desk: The interim government has decided to hike VAT rates in the middle of the fiscal year to bolster revenue earnings and satisfy IMF bailout conditions. However, the planned

Jamuna Bridge to bid farewell to rail tracks, welcome wider roads

TDS Desk: The government has decided to remove the railway tracks from the Jamuna Multipurpose Bridge, a move aimed at improving road traffic flow and enhancing the bridge’s overall efficiency,