Chicken, egg traders defy govt-fixed prices
Eggs and broiler chickens -- a key source of protein for the poor -- are not being sold anywhere in Dhaka at rates set by the government on Sunday this week.
17 September 2024, 18:00 PM
Plastic rules amid lax compliance with 14-yr old jute packaging law
Mandatory jute packaging for nearly two dozen of food stuff now falls almost flat thanks to slack implementation of the law.
15 September 2024, 18:00 PM
Onion turns Tk 5 cheaper here as India relaxes export rules
Prices of Indian onion are dropping in Bangladesh, as the neighbouring country on Friday withdrew the restriction of “minimum export price” at $550 per tonne and slashed export duty to 20 percent from 40 percent.
14 September 2024, 18:43 PM
Asia Insurance fined for embezzling Tk 2.27cr
The misappropriation by the non-life insurer involved TVS Auto Bangladesh Limited, which collected initial insurance policy papers for opening over two dozen letters of credit (LCs) in 2021 and 2022 to import goods.
12 September 2024, 14:33 PM
Edible oil prices rise on global hike: traders
Loose and bottled soybean oil have become costlier in Bangladesh due to price hikes in the global market amid a supply shortage of the key cooking ingredient, according to traders.
9 September 2024, 18:00 PM
Foreign banks lead the way in female representation
Nine foreign commercial banks in Bangladesh boast 27.73 percent female representation in their workforce, the highest in the sector, according to a report.
5 September 2024, 18:00 PM
Egg prices rise for supply shortage
The price of eggs, which is one of the most basic sources of protein for many fixed and low-income people in Bangladesh, has increased in local markets over the past week due to a supply shortage..Consumers are already facing a difficult time making ends meet for an increase in the prices
3 September 2024, 15:47 PM
Entrepreneurs show interest to insure factories against attacks
Businesspeople in Bangladesh are becoming interested in sabotage and terrorism insurance following incidents of arson, looting and vandalism at several industrial establishments across the country, according to various insurers.
31 August 2024, 18:00 PM
Workers bear the brunt of politically motivated attacks on businesses
Vandalism and arson attacks on factories since earlier this month have created deep concerns among entrepreneurs and plunged thousands of employees who work in these firms into uncertainty.
27 August 2024, 18:00 PM
Rice prices rising despite ample harvests
Rice prices are rising in spite of an ample amount being produced in the just concluded fiscal year, causing hardship for low and fixed-income people who are already struggling to make ends meet amid persistently high inflation.
25 August 2024, 18:00 PM
E-commerce refunds worth Tk 127cr stuck in payment gateways
At least Tk 127 crore owed by e-commerce companies to customers as refunds has been stuck in payment gateways since 2021, according to the commerce ministry documents.
24 August 2024, 18:00 PM
Gold price hits new heights. Here’s why
Jewellers in Bangladesh have hiked the price of gold ornaments to a historic high in line with rising pure gold prices and growth in the global market, according to industry people.
21 August 2024, 18:00 PM
Outbound tourism to India slows to a crawl
Political unrest in Bangladesh since the start of July has been severely affecting India’s inbound tourism industry, according to local outbound tour operators.
19 August 2024, 18:00 PM
NRB Islamic Life Insurance: a cautionary tale
NRB Islamic Life Insurance has been mired in irregularities within just three years of its inception. The insurer has spent far more than the permissible limits for management expenses and showed extravagance in car purchases since being formed in 2021.
18 August 2024, 18:00 PM
Power outage hits rural areas
The country, especially the rural areas, is experiencing frequent power cuts over the last couple of days due to insufficient electricity production from coal-based power plants, alongside the prolonged delay in increasing LNG regasification facilities.
15 August 2024, 18:00 PM
Rice price rises
Prices of several daily essentials, including rice, soybean oil, and sugar, have surged in the capital’s kitchen markets, causing hardships for the city residents, particularly the lower and middle-income ones.
15 August 2024, 18:00 PM
Repairs to metro rail will cost public funds in absence of insurance
Public funds will be used to pay for repairs to Dhaka Metro Rail stations in the capital’s Kazipara and Mirpur-10 areas as the popular mass rapid transit system is uninsured.
15 August 2024, 18:00 PM
Extortion, a cause of high prices, sets alarm bells ringing
Just a day after a mass uprising toppled Sheikh Hasina’s government on August 5, a group of people, introducing themselves as activists of a major political party, visited an outlet of a leading footwear maker in Rangpur and demanded Tk 5 lakh in return for allowing the showroom to operate.
15 August 2024, 18:00 PM
Repairs to metro rail will cost public funds in absence of insurance
Public funds will be used to pay for repairs to Dhaka Metro Rail stations in the capital’s Kazipara and Mirpur-10 areas as the popular mass rapid transit system is uninsured
15 August 2024, 16:51 PM
Sonali Life staffers demand IDRA chief's resignation after directors faced fund embezzlement charges
Some 200 officials of Sonali Life Insurance Company, whose former chairman and family members were earlier found to have embezzled at least Tk 187.84 crore, staged a demonstration today bringing corruption allegations against the insurance regulator’s chairman and demanding his resignation
14 August 2024, 15:14 PM