Prices of raw jute, once dubbed the “golden fibre” of Bangladesh, have increased by nearly 19 percent year-on-year as demand has outpaced supply following the government’s ban on polythene bags.
Raw jute production in Bangladesh has declined by nearly 10 percent year-on-year, mainly due to punishing heat during the planting period in March and April.
According to the state-run Trading Corporation of Bangladesh (TCB), local varieties of onions were being sold for Tk 105 to Tk 115 per kg yesterday compared to Tk 95 to Tk 100 per kg a week ago.
Kaniz Fatema, 31, a homemaker from Pierpur village in Faridpur, earns Tk 40,000-45,000 per month by producing vermicompost, allowing her to become self-reliant and create job opportunities for others.
AK Azad, an Awami League leader who ran as an independent, had to fight against all odds to win yesterday’s parliamentary polls from Faridpur-3.
Jute growers in Bangladesh are facing deepening woes as prices of the natural fibre have been in a downward slide amid a consistent decline in exports, according to industry insiders.
The opening of the Padma Bridge promises an economic boon, but for the sex workers of the country’s largest brothel, right next to Daulatdia ferry terminal, it spells doom.
The century-old boat market in Bhanga upazila of Faridpur is abuzz with buyers and sellers thanks to rising water levels in the Kumar river amid recent rains, but customer turnout is far less than before.
Though the monsoon is just two months in, there has been lesser rainfall than usual this year, leading to apprehensions among jute growers in Faridpur and Rajbari over finding water sources for retting.
Onion seed farmers in Faridpur, a major growing district in southern Bangladesh, are enjoying bumper yields this year as the weather was favourable during cultivation, according to market players.
The 16-year-old schoolboy from Faridpur Sadar upazila now earns at least Tk 80,000 per month through fish farming.
The families of four Faridpur youths, who, according to a human trafficker, were on the recently capsized boat in the Mediterranean Sea, are worried sick as they are yet to get any news about the youths
She set about producing vermicompost in a desperate effort to support her family in 2017. Today, Tania Parvin has not only succeeded in bringing solvency to the family but also emerged as the top vermicompost producer in Faridpur sadar upazila and a role model for youth.
The lack of quality onion seeds in Faridpur is forcing many local farmers to resow their fields, increasing both the time and cost of cultivation in the process.
Jute prices in Bangladesh are currently lower than what they were at the same time last year due to declining exports of twine and yarn made from the natural fibre, according to growers and traders.
Even though the Faridpur district is almost cut off from the rest of the country, thousands of BNP leaders and activists from nearby districts have been pouring in since Thursday to stage a massive rally today in the Awami League stronghold.
The state-run Bangladesh Road Transport Corporation has apparently joined the strike bandwagon ahead of the BNP’s rally in Faridpur tomorrow.
Md Niamul Islam did not like to eat the yogurt or curd sold at sweetmeat shops. So, he tried to make it himself at home using his own cow’s milk. Little did he know that this effort would one day make him an entrepreneur.
