Forward sales causing a large gap in onion’s import and retail prices
Over the first nine days of the current month, importers brought more than 2,500 tonnes of onion from four countries -- Myanmar, China, Pakistan and Turkey.
11 October 2020, 18:00 PM
No respite soon from high prices of vegetables
Rainfall in Bangladesh was 9 per cent higher than average this year, leading to repeated floods that not only damaged a large number of crops, but also affected cultivation in general with vegetables being no exception.
10 October 2020, 18:00 PM
Dependence on a single country for sourcing goods is risky
The ongoing Covid-19 pandemic and the trade war between China and the US have brought to the fore an important issue, that dependence on a single country for sourcing goods is risky.
7 October 2020, 18:00 PM
Shrimp exporters to enjoy edge as vannamei farming gets nod
The government is finally easing its grip on the shrimp industry as local farmers can now cultivate vannamei shrimp within the country following years of dithering by the concerned authorities to grant permission.
6 October 2020, 18:00 PM
Local ships recovering from pandemic fallouts
Local oceangoing vessels that carry bulk shipments from one continent to another have recovered from the Covid-19 fallouts as the operators are getting good business thanks to the increased demand from China, according to a leading operator of seagoing ships.
5 October 2020, 18:00 PM
Fresh floods spell disaster for Aman crops
The latest spell of flood has inundated nearly 100,000 hectares of Aman crop, raising worries among agriculturists that a large portion of the plantings will be damaged.
4 October 2020, 18:00 PM
Rooftop solar projects beam through pandemic haze
Like any other business, new clean energy ventures are facing disruptions to their tempo for the Covid-19 pandemic. Among them are rooftop-based solar projects focusing factory buildings. Yet some entrepreneurs pushed on with their projects even after the rogue virus brought businesses to their knees.
3 October 2020, 18:00 PM
Huawei trims device business in Dhaka
Chinese tech giant Huawei has significantly trimmed down its device business division in Bangladesh which was directly involved in monitoring its smartphone and other device businesses here, said insiders yesterday.
30 September 2020, 18:00 PM
Raw jute prices soar to record high
Raw jute prices hit a record high of around Tk 3,000 per maund as supply declined in the markets of producing regions owing to stocking by middlemen and slow release by farmers seeking to cash in on flood-induced production fall, various traders said yesterday.
29 September 2020, 18:00 PM
Locally made LPG cylinders get a cut in VAT
The revenue authority has reduced value added tax (VAT) on locally made cylinders for storing liquefied petroleum gas (LPG) in order to allow domestic manufacturers to better compete with imported cylinders and enable users to afford bottled gas.
28 September 2020, 18:00 PM
Tax collection rebounds in August
Revenue collection rebounded in August after remaining downbeat for four months since April, thanks to recovery in business and economic activities that buoyed overall receipts.
27 September 2020, 18:00 PM
Paper mills flounder as demand thins out
Despite the resumption of economic activities and signs of recovery in various sectors, paper mills are struggling to stay afloat as demand has not picked up yet, say industry operators.
20 September 2020, 18:00 PM
Country needs to import six lakh tonnes of onion
The country has a stock of 5.25 lakh tonnes of locally grown onion and it will require six lakh tonnes more to meet domestic requirements until the next main harvesting season, typically the March-April period.
13 September 2020, 18:00 PM
BJMC sells jute sacks at lower than official rate
Questions have arisen over Bangladesh Jute Mills Corporation’s (BJMC) decision to sell 100,000 bales of jute sacks at a price lower than the official rate as it is set to deprive the country of nearly Tk 8 crore in revenue.
12 September 2020, 18:00 PM
Banks beef up security to fend off hackers
Banks have beefed up security, vigilance and monitoring to prevent hackers from stealing money after the central bank and the government alerted them about the fraudulent activities of a North Korean group.
9 September 2020, 18:00 PM
Floods, Amphan wash away Tk 900cr fish
Repeated floods since the end of June have washed away Tk 510 crore worth of fishes in the central, north and southern districts, according to the Department of Fisheries (DoF).
9 September 2020, 18:00 PM
Holding on to hope amid drawn-out adversity
Wheels have started moving on the streets of Bangladesh.
7 September 2020, 18:00 PM
Startups in pandemic days: a tale of despair and dreams
It is the story of dreams and despair. Rise and fall. It is the story of anguish and cheer. For Bangladesh’s startups, all appear to be true.
6 September 2020, 18:00 PM
Brighter days ahead for Indo-Bangla river trade
If you happen to be on the Padma or Meghna rivers for a cruise or are travelling to the country’s southern part, you will in no way miss a sporadic presence of numerous slow-moving small and large vessels alongside their sudden blasts of horns.
5 September 2020, 18:00 PM
Maize import soars as floods, rains damage crops
Maize imports rose by 54 per cent last fiscal year in the wake of crop losses for heavy rainfall and flood during the peak harvesting and drying periods of the summer crop, according to feed millers and import data.
1 September 2020, 18:00 PM