Work shortages, financial strain trigger industrial slump as 86% of 457 factories shut
Work shortages, financial strain trigger industrial slump as 86% of 457 factories shut

Unique Designers and Unique Washing Ltd, located in Gazipurs Board Bazar area, has been permanently shut down due to financial difficulties and other challenges, leaving around 2,200 employees, including 1,700 workers, unemployed. According to the Industrial Police, the factory has remained...

Mega budget built on borrowing despite economic strains
Mega budget built on borrowing despite economic strains

The first national budget of Prime Minister Tarique Rahmans BNP-led coalition government is nearly finalized. Barring any major changes, the proposed Tk 9.38 lakh crore budget for the 202627 fiscal year is set to be presented in Parliament on 11 June. The government is preparing the budget at a...

FY27 budget under fiscal strain
FY27 budget under fiscal strain

Amid mounting economic pressure, a widening revenue deficit and tightening conditions from international lenders, the government is preparing an ambitious national budget for the 202627 fiscal year. Initial projections from the Finance Division put the proposed budget at around Tk9,30,000 crore,...