Potato cultivation expands as prices rise
Potato cultivation has increased across Bangladesh as farmers have been getting higher prices year-round amid elevated inflation in the country.
1d ago
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.
1w ago
277 firms allowed to import 14.81 lakh tonnes of rice
The interim government of Bangladesh has allowed 277 private entities to import 14.81 lakh tonnes of rice as it looks to contain domestic prices of the staple grain by increasing stocks..Of the total, 10.65 lakh tonnes will be boiled rice while the rest will be sunned rice, according to do
1w ago
SMEs bear the full brunt of financial hardship
Small and medium enterprises (SMEs) in Bangladesh are struggling due to political uncertainty, high inflation and rising interest rates on bank loans, according to entrepreneurs.
1w ago
Food prices stubbornly high despite govt measures
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
2w ago
Competitive prices lift tea exports to seven-year high
Bangladesh’s tea exports have hit the highest mark in the last seven years as competitive pricing provided an edge over major exporters like India and Sri Lanka.
2w ago
Life insurers mired in irregularities
One-fourth of the life insurance firms in the country are plagued with financial irregularities and mismanagement that have put the entire industry in danger.
2w ago
Potato prices jump as supplies shrink
Consumers in Bangladesh have been paying more for potatoes over the past week, with supplies of the tuber harvested in the previous season running low as the new season approaches..Additionally, the high profiteering tendency among a section of people in the supply chain is dealing a furth
3w ago
March 1, 2024
Opening doors to a bright future for insurance
Bangladesh is set to officially launch Bancassurance today, an arrangement between banks and insurance companies to sell insurance products.
February 29, 2024
Investment instruments that Bangladeshi savers consider safe
Around 53 percent of the respondents of a survey in Bangladesh said they prefer making investment in deposit pension scheme (DPS) to set aside funds for rainy days.
February 28, 2024
What most Bangladeshis consider a safe investment?
North South University conducted a survey with the support of MetLife Bangladesh
February 24, 2024
Retail giants rush to Mirpur to cash in on growth spurt
Retail giants and realtors are increasingly flocking to Mirpur and its surrounding areas to tap the opportunities being offered by the growing swathe of the capital.
February 24, 2024
Mirpur: From a backwater to an economic hotspot
Mirpur was best known as a garment manufacturing hub, a crime zone with rough roads, dirty alleyways, rundown buses, a capital of slums called home by apparel workers and a poor township marked by nondescript houses.
February 23, 2024
Essential Commodities: Govt move fails to stop price hike ahead of Ramadan
The government’s promise of containing the prices of essentials ahead of Ramadan seems to be only on paper as the prices of key items instead rose over the last month.
February 19, 2024
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
February 15, 2024
Sugar, palm oil and date prices increase in spite of duty cut
In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities -- edible oil, sugar, dates and rice on February 8.
February 15, 2024
Food prices hiked even before Ramadan
Though there is currently no supply crunch in the country, a section of unscrupulous importers and traders have already hiked the prices of essentials, creating an artificial crisis to make extra profits ahead of Ramadan, said a home ministry report.
February 12, 2024
Swadesh Islami Life’s registration suspended over scam
Around a month past most of its directors being relieved of their duties over the alleged embezzlement of a fixed deposit and violation of the insurance act, Swadesh Islami Life Insurance Company has now had its registration suspended for three months
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