Economy

1/11 govt seized Tk1,232 crore from 40 individuals and organisations unlawfully

Shawdesh Desk: During the caretaker government period, businesses and individuals were unlawfully forced to pay Tk1,232 crore, which remains frozen in Bangladesh Bank. Despite seeking redress from the country’s higher

Bangladesh’s share in US market rises

Shawdes Desk: Bangladesh’s share in the United States’ denim trouser imports has steadily grown by 6.6 percentage points over the past seven years, increasing from 14.1 per cent in 2017

7 weak banks get Tk 6,585cr from 10 strong banks

Shawdesh desk: Seven financially weak banks have so far received Tk 6,585 crore from 10 stronger banks under the Bangladesh Bank’s new liquidity support arrangement. Bangladesh Bank officials said that the

Egg to be sold at low price in Dhaka from Sunday

Shawdesh desk: The government is taking an initiative to sell egg at affordable price at 13 places under Dhaka north and south city corporations from Sunday. Md Alim Akhter Khan,

Banks allowed to issue export performance bond

Shawdesh Desk: The Bangladesh Bank on Wednesday allowed banks to issue performance bonds or guarantees in favour of overseas buyers or contractors on behalf of resident exporters and subcontractors, without

Foreign debt repayment surpasses disbursement

Shawdesh Desk: The existing challenges of foreign debt repayment have become more complicated in the first quarter of already eventful FY25 despite the higher flow of remittance and export incomes

Six struggling banks in Bangladesh receive Tk 1,640 crore in liquidity support

Shawdesh Desk: Six financially weak banks in Bangladesh have reportedly received a total of Tk 1,640 crore in loans from stronger banks. Sources at the Bangladesh Bank said that this

NBR halves duty on sugar to reduce price

Shawdesh desk: The National Board of Revenue (NBR) has issued a circular on Wednesday halving the customs duty on sugar imports to reduce the price of this essential item and