Hunt for OMS food grows desperate
In the bustling area of Mirpur-10 in the capital, over 300 people gathered early Monday morning, hoping to buy subsidised essentialsthat serve as a lifeline for low-income families.
1d ago
Pran now making flour, semolina
Pran-RFL Group, one of the country’s leading conglomerates with diversified interests, including in food processing, has started producing both whole wheat and refined flour alongside semolina.
1w ago
Stocks jump as NBR cuts capital gains tax
Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.
2w ago
The hidden cost of healthcare
Private facilities spring up around public hospitals as govt services fall short
2w ago
Interim govt to strengthen universal pension scheme
The interim government plans to strengthen the universal pension scheme (UPS) with the aim of bringing people from all walks of life under a sustainable social security framework.
3w ago
ADP spending in first quarter lowest in 15 years
Amid cautious spending by the interim government and disruptions due to political turmoil, the implementation rate of the annual development programme (ADP) in the current fiscal year’s first quarter hit the lowest in at least 15 years.
3w ago
Revenue receipts fall 6% in Jul-Sep
Revenue collection in the first quarter of the current fiscal year showed a 6 percent year-on-year decline, raising concerns that the interim government’s fiscal space may be squeezed further amid the contractionary monetary policy.
1m ago
Half of banks’ CSR spending went to disaster management
Of their total corporate social responsibility (CSR) expenditure, banks spent 45 percent on disaster management violating rules in the first half of 2024, with bankers saying it mainly went to various funds maintained by the Prime Minister’s Office before the political changeover on August 5.
1m ago
August 31, 2024
How life is like when prices go through the roof
Fatima Khatun, dressed in a washed-out kameez, came to Muslim Bazar in Mirpur 12 to shop with her four-year-old son on August 16.
August 28, 2024
Workers bear the brunt of politically motivated attacks on businesses
Vandalism and arson attacks on factories since earlier this month have created deep concerns among entrepreneurs and plunged thousands of employees who work in these firms into uncertainty.
August 27, 2024
Data anarchy in revenue and expenditure continues
Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.
August 25, 2024
BB hikes policy rate to tame inflation
Three months ago, the policy rate was hiked for the last time by 50 basis points to 8.5%
August 18, 2024
Wage growth slows after 30 months
Wage growth in Bangladesh fell slightly last month after climbing for 30 months since January 2022, according to official data.
August 13, 2024
Food inflation tops 14pc for first time in 13yrs
Bangladesh’s worsening economic crisis has spun off a price shock with food inflation crossing 14 percent in July for the first time in 13 years.
August 13, 2024
Private investment slows as confidence takes a knock
Private investment as a percentage of Bangladesh’s gross domestic product (GDP) has been declining for the past three years due to low investor confidence amid global crises, a persisting US dollar crisis and high inflation.
August 11, 2024
Bangladesh fares poorly in South Asia in consumption of fruits and vegetables
Bangladesh ranks among the lowest in South Asia regarding the availability of fruits and vegetables, resulting in poor nutrition outcomes for its 170 million people..Avinash Kishore, a senior research fellow at the International Food Policy Research Institute (IFPRI), shared the findings a
August 8, 2024
Bangladesh ranks among lowest in South Asia in consumption of fruits and vegetables
Bangladeshis consume only 155 grammes of fruits and vegetables per day, far below the global recommendation of 400 grams, according to data from the Food and Agriculture Organization.
August 4, 2024
Rising house rent piles pressure on low-income people
Accommodation costs in Bangladesh have risen further amid persistently high inflation during the April-June period this year, placing an additional burden on many of the country’s middle and lower-income people.
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