Uttara: A city within a city
Before the 90s, Uttara offered little aside from open fields of green and waterlogged land.
3d ago
Retailers, brands flock to Uttara
The consumer market in Uttara, a planned suburb in Dhaka city, has witnessed steady growth over the years, prompting many retailers and brands to expand their operations in the area.
3d ago
No commission or service fee for claim settlement
Insurance companies in Bangladesh will no longer be able to charge policyholders for commissions or service fees while settling claims, according to the “Insurance Claims Management Guideline 2024”.
5d ago
New entity wants to enter saturated insurance market
At present, there are 36 life and 46 non-life insurance companies in Bangladesh, which stands in stark contrast to just 24 life insurance companies in India, 10 in Pakistan, and 16 in Sri Lanka.
6d ago
India lifts ban on onion export amid polls in Maharashtra
India yesterday removed the ban on onion exports subject to a minimum export price of $550 per tonne, a decision that can help boost the income of a large section of farmers and comes amidst Lok Sabha polls in key producing regions, including the state of Maharashtra.
1w ago
AC technicians facing backlog of installation, repair orders
Ferdous Hasan, who lives in the Motijheel area of Dhaka, recently purchased an air conditioner (AC) in a bid to find some respite from the ongoing heatwave sweeping across Bangladesh. However, he has been left frustrated by a prolonged delay in installation.
1w ago
Potato price surges during peak season
Potatoes are at least 50 percent costlier than a year ago owing to lower production, tight supply, and the profiteering tendency among a section of people in the supply chain, dealing a blow to the consumers already reeling under higher inflation.
2w ago
Poultry farmers in a bind as chickens succumb to heatwave
Sumon Howlader, president of the Bangladesh Poultry Association (BPA), claimed that marginal farmers have suffered losses totalling around Tk 200 crore in the past 10 days due to the effects of the heatwave.
2w ago
February 19, 2024
18 non-life insurers spent beyond regulatory limits in 2022
Eighteen non-life insurance companies spent more in 2022 on management expenses than allowed, leaving a negative impact on their overall business and eroding their capacity to settle claims.
February 15, 2024
Sugar, palm oil and date prices increase in spite of duty cut
In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities -- edible oil, sugar, dates and rice on February 8.
February 15, 2024
Food prices hiked even before Ramadan
Though there is currently no supply crunch in the country, a section of unscrupulous importers and traders have already hiked the prices of essentials, creating an artificial crisis to make extra profits ahead of Ramadan, said a home ministry report.
February 12, 2024
Swadesh Islami Life’s registration suspended over scam
Around a month past most of its directors being relieved of their duties over the alleged embezzlement of a fixed deposit and violation of the insurance act, Swadesh Islami Life Insurance Company has now had its registration suspended for three months
January 31, 2024
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
January 29, 2024
Danish fruit drinks firm eyes slice of Bangladesh market
Danish fruit drinks firm CO-RO A/S is going to launch its new brand in Bangladesh to enhance their global footprint and grab a slice of the country’s market.
January 28, 2024
RMG shipping cost climbs for Red Sea diversion
International clothing retailers and brands are still choosing seaways, instead of air, to carry goods from Bangladesh to Europe although the rerouting of ships away from the Red Sea has increased the freight charge by more than 30 percent and added 15 days to the sailing time.
January 24, 2024
Uttara-Motijheel Metro: Buses beginning to feel the pinch
Ever since the metro trains started operating between Uttara and Motijheel all day, buses have been seeing fewer passengers.
January 21, 2024
Essentials in Ramadan: Dollar crisis, hoarding jack up prices
With Ramadan less than two months away, the prices of chickpeas, dried peas, dates, and soybean oil have increased in Dhaka and Chattogram.
January 15, 2024
It's peak season for potato, but prices are still high. Here’s why
A supply disruption is causing the consumers to pay more for purchasing potatoes
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