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.
2d 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.
3w 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
June 1, 2023
Corporate tax rates remain unchanged for all
The government wants to keep the corporate tax rates unchanged for all sectors for the fiscal year 2023-24, said Finance Minister AHM Mustafa Kamal today.
May 31, 2023
FY23: A year of price shocks
Just a year ago, Aminur Rahman, a private sector employee living in Dhaka, could buy a moderate amount of essential goods, including rice, soybean oil, onions, salt and eggs, at Tk 553 from stores in Dhaka city
May 30, 2023
Grameen Uniqlo shuts down ahead of schedule
All outlets were supposed to be closed on June 18
May 30, 2023
Small furniture makers up the creek
Small wooden furniture businesses in Bangladesh are facing a deep financial crisis as the demand for their products has fallen drastically, according to market players.
May 30, 2023
8 insurers asked to raise policy renewal rate
The Insurance Development and Regulatory Authority (IDRA) has directed eight life insurers to increase their policy renewal rate after the second year of subscription to 70 per cent from 50 per cent at present.
May 26, 2023
Stop under-invoicing in sugar imports
Sugar refiners of the country recently complained that some importers are under-invoicing their shipments of refined sugar in a bid to make more profit from higher prices of the sweetener.
May 24, 2023
Jiban Bima sees steady growth despite challenges
Jiban Bima Corporation, a state-run life insurance provider in Bangladesh, witnessed steady growth for the past few years as its subscriber base has expanded even though customers lack faith in the industry.
May 19, 2023
Refunds by e-commerce firms going slow
More than Tk 160 crore owed by a number of e-commerce companies in Bangladesh for breaching the escrow system is still stuck in payment gateways, according to commerce ministry documents.
May 16, 2023
BSCIC to set up salt research and training institute
The Bangladesh Small and Cottage Industries Corporation (BSCIC) has taken up a project to enhance local salt production so that the country becomes self-reliant in meeting its demand for the seasoning.
May 15, 2023
Ecommerce Scam: Customers yet to get Tk 600cr back
As many as 19,623 complaints against 50 e-commerce companies involving about Tk 600 crore filed with the Directorate of National Consumer Rights Protection (DNCRP) are pending, leaving the customers in a state of limbo over their money.
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