Will there be any respite from inflation?
To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.
5d ago
BSRM's two entities’ sales drop, but profit surges 574%
The two made Tk 333 crore profit in nine months
1w ago
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.
2w 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.
3w 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.
1m 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.
1m 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).
1m ago
Tax on provident funds' income: One country, dual policy
A provision in the Income Tax Act 2023 created the discrimination
1m ago
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.
October 31, 2023
Blockade could dent supply chain, economy
The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.
October 25, 2023
Candy, noodles top export items alongside biscuits
Candy, which did not attract the attention of exporters even a decade ago, has become one of the top five items in Bangladesh’s processed food export basket, highlighting the much-needed value-addition brought on by manufacturers.
October 23, 2023
Shipowners benefitting little from taka depreciation
The devaluation of taka has increased competitiveness of Bangladesh’s oceangoing ships
October 16, 2023
Rice production hits record high
Rice production in Bangladesh grew for the sixth consecutive year in fiscal year (FY) 2022-23 as farmers expanded cultivation areas of high-yielding varieties (HYV) and hybrid rice in place of local varieties.
October 12, 2023
Wheat import surges
Wheat imports grew four times in the first quarter of this fiscal year as businesses showed an interest in tapping into reduced international prices of the second most-consumed grain in Bangladesh.
October 10, 2023
No good news in investment as well
With major indicators showing stress in the economy, there is no good news in the investment flow too as investors now prefer to stay away from taking new projects or expanding their existing capacity.
October 7, 2023
‘Illicit financial flows must stop’
Mostafa Kamal, chairman and managing director of Meghna Group of Industries, says in an interview
October 5, 2023
BB raises policy rate at sharpest pace in a decade
Amid criticisms over the delay in squeezing money supply, the Bangladesh Bank yesterday made borrowing costlier as it raised the policy rate by 75 basis points to 7.25 percent to step up its fight against inflation..This is the sharpest pace of rate increase in at least a decade, said a ce
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