Small businesses, daily earners scorched by heatwave
After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.
3d ago
Rice prices unlikely to fall from current level
Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.
1w ago
FBCCI's plea for tariff protection devoid of reality
On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
2w ago
News Analysis: BB’s feeble fight against loan defaulters
The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.
3w ago
Solar power that once lit up rural homes is dimming
In 2021, some 2.25 percent of the population used SHSs. The number declined to 1.81 percent in 2023, according to a recent survey report of the Bangladesh Bureau of Statistics (BBS).
3w ago
Tax on provident funds' income: One country, dual policy
A provision in the Income Tax Act 2023 created the discrimination
1m ago
Ageing in Bangladesh: Are we ready for more social spending?
The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.
1m ago
More households use refrigerators, ACs as income grows
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.
1m ago
December 15, 2023
Mustard acreage hits new high
Mustard cultivation in Bangladesh has reached a new high as improved varieties of the crop released by public research institutions are offering higher profits and yields
December 12, 2023
Deposit flow from rural areas dips amid high inflation
Banks received 24 percent lower deposits year-on-year in the July-September quarter of this year, down from Tk 341,667 crore to Tk 259,870 crore
December 5, 2023
Equity funds from foreign investors dip
Bangladesh received 41 percent lower equity capital from foreign investors in fiscal year (FY) 2022-23 compared to a year ago
November 26, 2023
Passenger movement through airports soars
passenger movement through airports in Bangladesh shot up by 32 percent in (FY) 2022-23, bolstered by increased domestic travel and outflow of migrant workers
November 23, 2023
Will coming months offer any relief from high inflation?
Food inflation at 12.56 percent in October this year is the highest in a decade
November 21, 2023
Tk 111 a dollar for import remains only on paper
Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.
November 19, 2023
Interest rate in inter-bank trade highest in decade
The interest rate on overnight borrowing and lending in the inter-bank call money market hit 8.07 percent by the end of last week, the highest in more than a decade, reflecting a tight liquidity crunch in the banking sector.
November 12, 2023
1.19cr people faced acute food insecurity in May-Sep: FAO
About 1.19 crore people in Bangladesh experienced high levels of acute food insecurity from May to September this year despite record cereal harvests in 2022 and 2023, said the Food and Agriculture Organisation (FAO) in a report on Friday.
November 6, 2023
Cotton, yarn imports plunge
Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.
November 3, 2023
Export plunges to a 26-month low
Exports earnings fell to $3.76 billion in October, the lowest in 26 months, as shipment of apparel items became the last major victim to the falling global demand as consumers tighten belts amid higher inflation.
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