Commodities
Bangladesh lags behind peers in digital adoption for business
Less than half of the companies in Bangladesh use computers, according to a World Bank’s survey that revealed the country’s weak position in digital adoption for business compared to peer economies and neighboring nations.
Govt raises bottled soybean oil price to Tk 167 a litre
But cuts loose soybean oil price by Tk 2 a litre
Bangladesh to introduce drone technology to assess crop losses
20 DAE officers will get training on how to use the tech
Import of another 124,000 tonnes of rice given go-ahead
Some 91,000 tonnes will be parboiled rice and 33,000 tonnes sunned rice
Refiners want Tk 10 hike in edible oil price
They want to sell soybean oil at Tk 173, loose palm oil Tk 132 and five-litre cans at Tk 845
Turning camels into cows
Megafarms are being set up to produce camel milk on industrial scales
TCB to sell Indian onions at Tk 40/kg from tomorrow
The Trading Corporation of Bangladesh (TCB) will start selling Indian onion at Tk 40 per kilogramme (kg) in Dhaka, Gazipur and Chattogram cities from tomorrow.
Handlooms fall silent as weavers see profits shrink
Persistent problems, such as the price hike of raw materials and reduced demand, are forcing many weavers in Tangail to leave their profession, with the number of handlooms and artisans rapidly decreasing and many fearing the 200-year-old tradition is nearing a point of no return.
India to source onion from domestic market to export to Bangladesh
India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg
Govt to buy essential foods to contain their prices
The Trading Corporation of Bangladesh will purchase various foodstuffs from local markets to sell them at subsidised rates among low-income groups
Emerald Oil’s major shareholder to sell 10 lakh shares
The oil producer will get the sales proceeds as loan to repay bank loans
Government fixes date prices for Ramadan
Price of low grade dates will be Tk 150 to Tk 165 a kg
Unilever Consumer Care’s profit surges 32%
Its earnings per share hit Tk 49.89 in 2023, up from 2022's Tk 37.9
Farashuddin recommends introducing unified exchange rate
He spoke at the third AKN Ahmed Memorial Lecture on Central Banking
TCB imports 400 tonnes of chickpeas through Benapole
The import cost is Tk 85 a kg, but the TCB will sell it at Tk 55 a kg
