Pain deepens as food inflation stays above 12%
Food inflation in Bangladesh stayed above 12 percent for the second consecutive month in September as prices showed no signs of cooling down, hitting the pockets of the consumers who spend most of their incomes to feed their families.
4 October 2023, 01:47 AM
Construction costs keep climbing
Construction costs in Bangladesh rose by 6.98 percent in August, making it costlier to implement both public and private construction projects, according to the Bangladesh Bureau of Statistics (BBS).
1 October 2023, 23:22 PM
Tourists daily dump 3,000kg of plastic waste in Saint Martin's
About 3,000 kilogrammes of single-use plastic waste are dumped by tourists on the Saint Martin's Island of Cox's Bazar every day during the peak season, according to The Earth, a non-profit organisation working on community development and environment.
30 September 2023, 07:26 AM
Arrival of foreign tourists far below potential
Bangladesh is home to the world's longest sea beach as well as the world's largest mangrove forest alongside numerous places of outstanding natural beauty. But despite its potential, the country still could not explore the global markets and attract foreign holidaymakers..Even 52 years aft
27 September 2023, 02:30 AM
Revenue collection up 15% in Jul-Aug
Government revenue collection in the July-August period, the first two months of the current fiscal year of 2023-24, has increased by nearly 15 percent year-on-year, thanks to a rise in VAT from multinational companies.
22 September 2023, 00:00 AM
Uncertainty lingers over Chhatak Cement’s return to operation
State-run Chhatak Cement Company in Sunamganj might not return to production anytime soon as its modernisation project is set to miss the deadline for the second time while uncertainty over the supply of the key raw material persists.
21 September 2023, 18:00 PM
Foreign loan utilisation slightly down
Utilisation of foreign assistance under the government’s Annual Development Programme (ADP) by ministries and divisions has slightly declined year-on-year in the first two months of fiscal year 2023-24.
20 September 2023, 01:00 AM
Banking Sector: Female workforce rises but slightly
The number of women bankers has gone up slightly over the last three years, after it saw a drop during the Coronavirus pandemic in 2020.
18 September 2023, 18:00 PM
Krishi Market traders left clutching at straws
If you had visited the Krishi Market in the capital’s Mohammadpur during the first half of yesterday, you might have noticed two young men trying to sell half-burnt soaps, packets of detergent and several containers containing cleaning agents on a rickshaw-van.
17 September 2023, 03:00 AM
Why sustainable Finance?
Sustainable finance is the process of incorporating environmental, social, and governance (ESG) considerations into financial investment decisions, resulting in longer-term investments in sustainable economic activities and projects.
16 September 2023, 18:00 PM
Gone with the blaze
Almost 10 years ago, Sondha Rani, 45, started her small betel leaf shop in Mohammadpur Krishi Market, after taking a loan from a relative. She, along with her husband, ran this small shop, which served as the only means of income for their three-member family.
14 September 2023, 18:00 PM
Fire only left my misfortune: jewellery shop owner
"I couldn't get anything out of the shop. Some of the gold and silver that I had burned and melted. The fire took everything. What it left is just my misfortune," said Ashraf Uddin, the owner of a jewellery shop.
14 September 2023, 12:50 PM
4-year BSCIC project now entering 14th year
A four-year industrial park project undertaken by the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sirajganj will enter its 14th year of construction due to delays in land acquisition and difficulties in obtaining approval from relevant ministries.
13 September 2023, 00:00 AM
No respite for workers as wage growth stays behind inflation
Mrinal Biswas, a resident of Botiaghata upazila in Khulna, doesn’t find job opportunities every day. And when the 62-year-old fisheries worker is lucky to be employed, he earns Tk 500 per day.
12 September 2023, 00:00 AM
Tk 209cr project to boost char crop output
The government has initiated an agricultural project at a cost of Tk 209 crore with the aim to increase production of crops in char areas by expanding the use of modern technologies.
9 September 2023, 18:00 PM
Export of paper, paper products jumps 85%
The export of paper and paper products from Bangladesh rose 85 percent year-on-year in the first two months of fiscal 2023-24 as the country is grabbing a bigger share of the global market in face of reduced competition.
7 September 2023, 00:00 AM
Record potato production, yet prices going up
Potato prices are soaring even though farmers this year grew a record 1.04 crore tonnes, cutting the buying power of consumers, especially fixed and low-income people already battered by sustained high inflation.
29 August 2023, 18:00 PM
Agent banking branching out even further
Agent banking, which helps bring banking services to unbanked people, continues to gain ground in Bangladesh as the number of accounts, deposit collection and loan disbursement are on the rise.
15 August 2023, 00:00 AM
Number of bank branches keeps rising
The number of bank branches in Bangladesh rose to 11,212 in June 2023, up 2.11 percent year-on-year, according to central bank data.
13 August 2023, 18:00 PM
Wage growth below inflation for 18th month straight
Although wage growth in Bangladesh has been slowly climbing since July 2021, it has remained below the inflation rate for the past 18 months consecutively, according to the Bangladesh Bureau of Statistics (BBS).
13 August 2023, 00:00 AM