Sukanta Halder
Sukanta Halder is a staff reporter of The Daily Star, covering insurance, commodity markets, private sector and consumers.
Sukanta Halder is a staff reporter of The Daily Star, covering insurance, commodity markets, private sector and consumers.
Potato cultivation has increased across Bangladesh as farmers have been getting higher prices year-round amid elevated inflation in the country.
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.
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
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.
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.
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.
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.
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
The owners of retail outlets in Bangladesh fear they could incur massive losses due to the ongoing unrest stemming from a student movement seeking the resignation of the government.
Accommodation costs in Bangladesh have risen further amid persistently high inflation during the April-June period this year, placing an additional burden on many of the country’s middle and lower-income people.
The tour operators in Bangladesh suffered financial losses due to cancellation of pre-scheduled tours by foreign tourists who sought to avoid travelling in fear of violence and unrest centring the quota reform movement.
Malls and markets in Dhaka and other major cities have been hit hard by spiralling unrest across the country following the deaths of over 200 people, including students, during the quota reform movement in recent weeks.
Luxury hotels in Dhaka are suffering from a dearth of customers as foreigners and locals are avoiding travel in fear of unrest centring the quota reform movement, according to industry people.
Eateries in Dhaka are seeing a substantial drop in takings because of the ongoing unrest and the nationwide curfew.
The students’ movement for reforming the quota system in public jobs and the subsequent violence and curfew have adversely affected businesses, said Helal Uddin, president of Bangladesh Shop Owners Association.
Shopping malls and markets in the capital opened yesterday, after being closed for four consecutive days, but the presence of buyers was very low.
Day labourers in Dhaka are among those who are suffering the most due to the ongoing unrest along with the curfew imposed by the government to stem the violence.
“I can’t get you to understand how I managed to pay for meals over the past four days,” a dejected labourer, Muzahid Hossain, said yesterday.