Sukanta Halder

Govt move fails for lack of strong oversight on suppliers

The government is going to formulate corporate governance guidelines to ensure compliance with applicable laws and regulations and good governance in the operation of insurance companies in Bangladesh.

Potatoes, eggs and onions are not being sold at the price fixed by the government at the retail level despite government agencies conducting raids.

A rise in the number of people who welcome pets into their homes and trends such as a humanisation of pets and ethical pet ownership have led to a boom in demand for pet food and related accessories.

The officials of the Directorate of National Consumers’ Right Protection (DNCRP) did not find any trader in many shops during their drive at Karwan Bazar yesterday afternoon.

The DNCRP conducted the drive in Dhaka’s Karwan Bazar today

The price of potato went up further after the government on Thursday announced a price cap for the tuber and began market drives to check the soaring price of the tuber.

Sustainable or green banking is a banking practice that considers all social, environmental, and ecological issues with the aim of protecting the environment and preserving natural resources.

Bangladesh Competition Commission yesterday lodges complaints against 10 poultry firms and poultry-related organisations for manipulating the egg market in collusion with each other to send egg prices skyrocketing.

The government should facilitate local motorcycle manufacturers in various ways to grab a share of the international export market, said Hafizur Rahman Khan, president of the Bangladesh Automobiles Assemblers and Manufacturers Association, yesterday. 

The jewellery industry has apparently remained largely dependent on unauthorised channels for sourcing gold although there is no direct government bar on importing the precious metal. 

Bangladesh’s egg market used to be largely ruled by thousands of small retailers and wholesalers, but the composition of sellers has been changing for the past several years with the emergence of large corporates and poultry industry giants.

Teetering on the verge of a crisis, Jamuna Life Insurance Company Limited has been prescribed some remedies by the insurance regulator, including preparation of a business action plan at the earliest for the next three years. 

It was in 2007 when one of the country’s largest tea-producing companies, Consolidated Tea and Lands Company (Bangladesh) Limited, initiated a long-term plan to increase tea production. 

International market prices of poultry feed ingredients had dropped in the second quarter of this calendar year, yet locally produced feed has turned anything but cheap. 

Onion prices at wholesale and retail markets in Bangladesh rose overnight yesterday after India imposed a 40 percent duty on exports of the bulb.

Although Bangladesh produces enough onion, a significant portion is imported each year to meet domestic demand

The government should have facilitated egg imports for a certain period because of the recent abnormal price hike for the low-cost source of protein, according to Ghulam Rahman, president of the Consumers Association of Bangladesh (CAB).

The insurance regulator of Bangladesh has finalised a framework enabling tech startups to innovate insurance policies, their distribution and other related tasks.

The jump in consumption of tea, once a preserve of the elite, brought about by the rise in people’s purchasing power over the past decade has presented tea garden owners with a renewed and compelling business case.