27.51 lakh Bangladeshis go below poverty line: IFPRI researcher
The poverty situation in Bangladesh was higher than expected in 2020-21 as the COVID constrained economic activity and reduced incomes. The situation worsened further amid spirals in global food prices in 2022. And the global economic slowdown could push more people into poverty this year.
1d ago
MJL Bangladesh plans to buy LPG tanker for Tk 350cr
MJL Bangladesh PLC, one of the leading private lubricant marketers, plans to invest $32.5 million, or Tk 350 crore, to purchase a newly-built tanker and provide rental services to private liquefied petroleum gas (LPG) companies.
5d ago
Garment factory owners revise minimum wage upwards to Tk 12,500
Garment factory owners have submitted a new proposal on the minimum wage for apparel workers in Bangladesh, revising it upwards to Tk 12,500, according to a source.
First consignment of imported eggs arrives
The first imported consignment of eggs, which has become a much-talked item in recent months for high prices, entered Bangladesh today.
Govt allows potato import
The government has decided to allow import of potato to increase supply and contain the prices of the widely consumed vegetable in the domestic market, according to a statement by the commerce ministry today.
GPH Ispat’s profit down for higher cost of raw materials, dollars
GPH Ispat Ltd, one of the leading steel makers in Bangladesh, reported a massive drop in earnings during the financial year 2022-23 due to the spiral in raw materials prices and higher cost of the dollar in foreign currency transactions.
Unilever reports higher profit despite falling revenue
Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September although revenue dropped.
Commerce ministry permits import of additional 5cr pieces of eggs
The commerce ministry has permitted five firms to import five crore pieces of eggs in order to increase supply of the protein item and check its prices in the domestic market, it said in a statement today.
December 8, 2023
27.51 lakh Bangladeshis go below poverty line: IFPRI researcher
The poverty situation in Bangladesh was higher than expected in 2020-21 as the COVID constrained economic activity and reduced incomes. The situation worsened further amid spirals in global food prices in 2022. And the global economic slowdown could push more people into poverty this year.
December 5, 2023
MJL Bangladesh plans to buy LPG tanker for Tk 350cr
MJL Bangladesh PLC, one of the leading private lubricant marketers, plans to invest $32.5 million, or Tk 350 crore, to purchase a newly-built tanker and provide rental services to private liquefied petroleum gas (LPG) companies.
November 7, 2023
Garment factory owners revise minimum wage upwards to Tk 12,500
Garment factory owners have submitted a new proposal on the minimum wage for apparel workers in Bangladesh, revising it upwards to Tk 12,500, according to a source.
November 5, 2023
First consignment of imported eggs arrives
The first imported consignment of eggs, which has become a much-talked item in recent months for high prices, entered Bangladesh today.
October 30, 2023
Govt allows potato import
The government has decided to allow import of potato to increase supply and contain the prices of the widely consumed vegetable in the domestic market, according to a statement by the commerce ministry today.
October 29, 2023
GPH Ispat’s profit down for higher cost of raw materials, dollars
GPH Ispat Ltd, one of the leading steel makers in Bangladesh, reported a massive drop in earnings during the financial year 2022-23 due to the spiral in raw materials prices and higher cost of the dollar in foreign currency transactions.
October 29, 2023
Unilever reports higher profit despite falling revenue
Unilever Consumer Care Limited (UCCL), the manufacturer of Horlicks in Bangladesh, said it generated a 25 percent year-on-year higher profit in the three quarters to September although revenue dropped.
October 8, 2023
Commerce ministry permits import of additional 5cr pieces of eggs
The commerce ministry has permitted five firms to import five crore pieces of eggs in order to increase supply of the protein item and check its prices in the domestic market, it said in a statement today.
October 7, 2023
IMF mission unimpressed with NBR’s collection plan
The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year.
September 29, 2023
BGMEA demands fair prices, ethical sourcing from US brands
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today sought fair prices and demanded ethical sourcing of garments from the US retailers and brands as the new wages for the workers are expected to be implemented from December this year.
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