The prices of major garment items exported to the US declined year-on-year in the January­-October period this year as American consumers are yet to recover from heightened inflationary pressures..During the 10 months, the price of men’s cotton woven trousers declined by 7.7 percent, accor

The benchmark index of the Dhaka Stock Exchange dropped 91 points in a week

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government impose a 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply..The suggestion comes in response to soaring cooking oil prices in

Bangladesh Bank Governor Ahsan H Mansur yesterday said the interim government has set a target to reduce inflation to 7 percent by the end of next June and further below 5 percent in the next fiscal year..“We have reviewed many countries, including the US, the UK, European Union or Thailan

The interim government will procure 1.40 crore litres of edible oil from S Alam Super Oil Ltd for sale among low-income people at subsidised rates through the Trading Corporation of Bangladesh (TCB)..The advisory council on public procurement endorsed the proposal at a meeting in Banglades

Jewellers have again raised gold prices, saying it would be sold at Tk 140,271 per bhori (11.664 grammes) from today. .The previous price of each bhori of 22-carat gold ornaments stood at Tk 138,393..Bangladesh Jewellers’ Association’s (Bajus) standing committee on pricing and price

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.

There was corruption in the distribution of family cards for subsidised commodity sales by the state-owned Trading Corporation of Bangladesh (TCB), according to Commerce Adviser Sk Bashir Uddin..The TCB provides 1 crore families with subsidised food items. Of the beneficiaries, some 57 lak

Germany will provide €9.5 million to Bangladesh through two major technical cooperation agreements aimed at enhancing biodiversity conservation and promoting climate-smart urban development..The agreements will fund initiatives focused on strengthening local governance, biodiversity conser

The company will establish a battery plate manufacturing industry

There are 1.22 crore economic enterprises across the country, according to the Bangladesh Bureau of Statistics (BBS)..Among them, 76 lakh are business establishments and 46 lakh are economic units, the national statistics agency found during the primary mapping ‍and listing work for the co

Stock trading in Bangladesh has slowed in recent months as most investors are not placing fresh bets considering the market’s bleak outlook amid ongoing economic uncertainties. As such, daily turnover of the Dhaka Stock Exchange (DSE) plunged by 5.02 percent to Tk 279 crore yesterday, mark

Turnover at Dhaka Stock Exchange (DSE) hit a three-month low yesterday as skittish investors cautiously traded select shares amidst ongoing political and economic uncertainties. .The turnover, which is the total value of the shares traded on the market, amounted to Tk 293 crore. .Th

Real prices of rice have fallen in the decade from 2010 to 2020, benefiting consumers but generating lower real incomes for producers, according to a paper presented at an event in Dhaka yesterday..However, real prices of the staple food climbed in the years following the turn of the decad

Despite the significant progress in reducing poverty in Bangladesh, about one in five of the non-poor households remain at high risk of falling below the poverty line, according to a study by the World Bank..The study was presented during a session on “Poverty in Bangladesh based on HIES 2

Inflation refuses to budge. Part of the reason may be honest disclosure of what the data is saying.

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin