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
January 9, 2024
Increase in house rent puts further burden on tenants
Tenants in Dhaka city face house rent hikes in the middle of an inflation fuelled economy
January 8, 2024
Polling officials find other ways to keep busy
It was 3:12pm and the voting was well underway at Model High School and College in Jatrabari’s Dania area.
January 1, 2024
Food wasn't in short supply. But many struggled to feed families
As dawn broke yesterday, Asia Begum prepared again for her daily battle to buy essential goods at subsidised prices in order to save a few bucks and bear other family expenses.
December 28, 2023
Booksellers take a hit from high inflation
As many people tighten their belts to manage daily expenses amid high inflation, books have become the ultimate luxury
December 26, 2023
Pran-RFL to start producing essential goods by March
Pran-RFL Group, a leading food processor and conglomerate in Bangladesh, plans to produce flour, refined flour and semolina for consumers in their factories by March next year.
December 24, 2023
Regulator bars four life insurers from spending until claims are cleared
The Insurance Development and Regulatory Authority (IDRA) has ordered four life insurance companies to not spend any amount from their income through premiums, investments and life funds unless they settle claims of policyholders by the end of December
December 23, 2023
Aspirants flock to maiden BGMEA career summit
BGMEA, in collaboration with SEIP, organised the two-day Career Summit and Fest for the first time at the BGMEA Complex in Uttara
December 22, 2023
Comforters see increased demand for lower prices
More than 100 companies, including Apex, HomeTex, Pran-RFL Group, Swan, Karmo, Bengal, and EuroAsia, have heavily invested
December 21, 2023
IDRA steps in as Fareast Islami Life Insurance falls behind on payout
IDRA has ordered Fareast Islami Life Insurance Company Limited not to spend anything from its premium income, income from investment and life fund if it fails to settle claims of policyholders by this month
December 20, 2023
IDRA warns life insurers over fake data
The Insurance Development and Regulatory Authority (IDRA) has directed life insurance companies to provide accurate information in their reports, stating that inconsistencies were regularly found with what it later unearthed through investigations.
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