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
September 7, 2023
Jewellery industry still depends on informal sources
The jewellery industry has apparently remained largely dependent on unauthorised channels for sourcing gold although there is no direct government bar on importing the precious metal.
September 6, 2023
Corporates, poultry giants expand foothold in egg market
Bangladesh’s egg market used to be largely ruled by thousands of small retailers and wholesalers, but the composition of sellers has been changing for the past several years with the emergence of large corporates and poultry industry giants.
September 3, 2023
Jamuna Life Ins in crisis, Idra prescribes remedies
Teetering on the verge of a crisis, Jamuna Life Insurance Company Limited has been prescribed some remedies by the insurance regulator, including preparation of a business action plan at the earliest for the next three years.
August 22, 2023
Long-term plan behind high tea production
It was in 2007 when one of the country’s largest tea-producing companies, Consolidated Tea and Lands Company (Bangladesh) Limited, initiated a long-term plan to increase tea production.
August 21, 2023
Ingredients cheaper but poultry feed prices still high
International market prices of poultry feed ingredients had dropped in the second quarter of this calendar year, yet locally produced feed has turned anything but cheap.
August 21, 2023
Onion prices go up as India slaps fresh duty
Onion prices at wholesale and retail markets in Bangladesh rose overnight yesterday after India imposed a 40 percent duty on exports of the bulb.
August 20, 2023
Onion prices go up after India slaps export duty
Although Bangladesh produces enough onion, a significant portion is imported each year to meet domestic demand
August 20, 2023
‘Govt should have allowed egg imports’
The government should have facilitated egg imports for a certain period because of the recent abnormal price hike for the low-cost source of protein, according to Ghulam Rahman, president of the Consumers Association of Bangladesh (CAB).
August 17, 2023
Idra issues guidelines for insurtech
The insurance regulator of Bangladesh has finalised a framework enabling tech startups to innovate insurance policies, their distribution and other related tasks.
August 16, 2023
Tea gardens seeing fresh investment
The jump in consumption of tea, once a preserve of the elite, brought about by the rise in people’s purchasing power over the past decade has presented tea garden owners with a renewed and compelling business case.
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