Economy

Dhaka seeks relaxed loan terms, relocation of industries

Dhaka seeks relaxed loan terms, relocation of industries

Bangladesh seeks China's support in an array of development and livelihood projects and reduction in interest on Chinese loans from 3.0 per cent to 1.0-2.0 per cent for renewed bilateral cooperation. Also placed a request for waiver of commitment fees on the Chinese-funded projects in Bangladesh w

Thousands of workers yet to  be paid until Thursday

Thousands of workers yet to be paid until Thursday

Thousands of workers in the country's various industrial zones, including those of textile and readymade garment (RMG) factories under the Industrial Police (IP) jurisdiction, were yet to receive due wages and festival allowances until Thursday. Garment workers of a number of factories, including

BD poised to cross $3.0b mark in expatriates' fund receipt

BD poised to cross $3.0b mark in expatriates' fund receipt

March appears as a golden month as Bangladesh is on course to cross US$3.0-billion mark in remittance earnings for the first time in its history, with inflows reaching $2.945 billion in 26 days. Sources at the central bank said by the last banking day of the month --Thursday, March 27 -- the total

Tax-dodging, money laundering by bigwigs unearthed

Tax-dodging, money laundering by bigwigs unearthed

Intensive tax-file scrutiny and asset hunt in Dubai by revenue sleuths have unearthed a notable volume of tax-dodging and money laundering by numerous bigwigs, including a former president of Chittagong Stock Exchange.    Officials have said the Central Intelligence Cell (CIC), as p

CA for economic models prioritising people, planet

CA for economic models prioritising people, planet

Chief Adviser Professor Muhammad Yunus has stressed the need to shift toward sustainable economic models that prioritize people and the planet over profits. "We must shift toward sustainable economic models that prioritize people and the planet over profits," he said while addressing the opening p

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