‘Digitalisation key to smooth business’
Ensuring infrastructure facilities and logistics support in Bangladesh are the main challenges for the country to flourish in global trade, according to a top official of a global logistics company.
13 March 2023, 03:00 AM
Pulse import cost rising amid scanty local production
The import cost of pulses in Bangladesh is on the rise due to increased consumption, inadequate domestic production and higher prices in the international markets.
9 March 2023, 02:15 AM
Educated youths becoming successful livestock entrepreneurs
It was once seen that only low-income and uneducated groups of people were involved with agro-farming in Bangladesh but now, the situation has changed radically.
3 March 2023, 03:00 AM
BBS finally releases Boro output data, nearly to no avail
The Bangladesh Bureau of Statistics (BBS) last week finally made public its estimate of the amount of Boro season paddy produced in the country last year, which sadly will come to little effect as farmers will be harvesting this year’s crops within a month or so.
24 February 2023, 02:30 AM
Consumers feel the heat of war everywhere
Nearly a year ago when President Vladimir Putin launched a full-scale invasion of Ukraine, many had thought that the war would end soon
22 February 2023, 03:00 AM
Foreign aid disbursement, commitment decline
Commitments and disbursements of foreign assistance for development projects in Bangladesh fell in the July-January period of the current fiscal year, which may deepen the pressure on foreign exchange reserves.
21 February 2023, 03:30 AM
Poor disbursement of stimulus fund for retrenched workers
More than two and a half years ago, the government took a Tk 1,500 crore safety net programme for the workers who lost their jobs owing to the devastating impact of Covid-19.
15 February 2023, 03:00 AM
No respite from jute export slump
Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available.
6 February 2023, 02:00 AM
DITF participants see lower sales for second year running
The 27th edition of the Dhaka International Trade Fair (DITF), which ends today at its new venue in Dhaka’s Purbachal, may have seen a higher turnout but overall sales were lower compared to when the monthlong event was held in Agargaon, according to participants.
31 January 2023, 03:30 AM
Universal pension scheme: What it is and how it will work
Bangladesh made a major step towards a universal pension scheme when parliament passed the Universal Pension Management Bill-2022 on January 24 with a view to bringing the country’s growing elderly population under a social security system.
31 January 2023, 03:00 AM
Use of foreign fund in ADP far below target
Apart from export and remittance earnings, the government has placed importance on securing more foreign funding in the current fiscal year to shield the country’s foreign currency reserves from depletion.
27 January 2023, 02:00 AM
Food distribution for poor: When more is needed, govt doing less
Scaling up public food distribution programmes for the poor and the vulnerable is the need of the hour -- given the cost of living crisis. But the government seems to be shying away from stepping up to this task.
24 January 2023, 01:00 AM
To revolutionise sanitation in towns
The government plans to take up a large-scale sanitation and waste-management project, which will focus on 25 municipalities to ensure a safe, sustainable, and inclusive sanitation system.
16 January 2023, 18:00 PM
Matarbari plant link road: Cost to spiral for poor feasibility studies
Although the overall length of a road linking the Matarbari coal-based power plant in Maheshkhali upazila to Cox’s Bazar town has reduced, the construction cost is set to increase by more 70 per cent from the initial estimate owing to poor feasibility studies.
16 January 2023, 03:30 AM
15.31Km Elevated Road In Haor: Govt may embark on Tk 5,651cr project
The government has a plan to undertake a Tk 5,651-crore project to construct a 15.31km elevated road in the haor region of Kishoreganj to establish the district’s direct road links with Dhaka, Sylhet and other districts.
13 January 2023, 01:40 AM
Worker outflow hits record high but remittance falls
Bangladesh sent the highest number of migrant workers in its history in 2022 thanks to a surge in demand for labourers in the Middle Eastern countries but remittance receipts did not go up proportionately.
12 January 2023, 02:00 AM
Karnaphuli tunnel may again incur time and cost overruns
Constructing Bangabandhu Sheikh Mujibur Rahman Tunnel under the Karnaphuli river in Chattogram is set to turn costlier apparently for poor feasibility studies as the need for new components have arisen alongside adjustments to the rise in the price of the US dollar.
11 January 2023, 03:00 AM
Balance of payments under stress
The financial account of the balance of payments (BoP) turned negative in the first five months of the current fiscal year, highlighting the challenges Bangladesh is facing in protecting its foreign currency reserves from depletion as funds outflows exceeded inflows.
8 January 2023, 02:00 AM
Savings tool sales fall for new conditions
A retired secondary school teacher in Satkhira not entitled to pensions had planned to use a portion of other service benefits to purchase savings certificates to meet some of his family expenses with the interest income.
5 January 2023, 02:30 AM
Inflation falls for 4th month
Although the inflation rate in Bangladesh has maintained a downward trend for the past four months, it is still high enough to affect those living in the middle-income category and below, experts say.
3 January 2023, 03:00 AM