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
October 13, 2023
Bangladesh emerging as a sourcing hub
Bangladesh is rapidly emerging as a dependable source of leather goods and footwear for many foreign buyers owing to low prices and good quality, according to industry people.
October 12, 2023
3 essential commodities: Price caps prove a total failure
The government failed to enforce the price cap on onions and potatoes even for a single day since it issued the order about a month ago.
October 10, 2023
Kazi Farms, Suguna fined Tk 8cr for unusual hike
Bangladesh Competition Commission has fined Kazi Farms Tk 5 crore and Suguna Food and Feeds Bangladesh Private Limited Tk 3.44 crore in two cases for unusual increase in broiler chicken prices in the market.
October 9, 2023
Kazi Farms fined Tk 5 crore, Suguna Food Tk 3.44 crore
The two were fined for violating Section 15 of the Competition Act, 2012
October 8, 2023
MTB expanding retail banking portfolio
Mutual Trust Bank Limited (MTB) is expanding its retail banking portfolio to diversify the business, said Shafquat Hossain, head of retail banking of the lender.
October 6, 2023
How long can fixed-income groups cope with higher inflation?
The cost-of-living crisis has kept stressing out fixed and lower-middle-income groups in Bangladesh as inflation has persisted at elevated levels while their salaries and incomes have seen little upward adjustments.
October 4, 2023
Homeland CEO removed by Idra
Homeland Life Insurance Company Ltd's chief executive officer (CEO) Biswajit Kumar Mondal was removed from his post after failing to provide necessary information to an audit firm appointed by the Insurance Development and Regulatory Authority (Idra).
October 2, 2023
Non-life insurers can now collect premium thru MFS
Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.
October 1, 2023
Winter vegetable saplings get 4-5 times costlier
Due to an increase in import costs and supply failing to keep up with demand, winter vegetable saplings have become four to five times costlier this year in Bogura’s sapling villages in the Shajahanpur upazila.
September 27, 2023
Supply of day-old chicks drops, leads to price hike of broilers
The price of broiler chicken, one of the biggest sources of protein, has seen a sudden and sharp increase in the retail market due to low supply of day-old chicks (DOCs).
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