The jute industry in Rangpur is facing collapse as four small mills in the region have shut down while others may follow suit at any time after being compelled to shrink production due to multiple issues.

Inflation hit a 16-month high in February driven by soaring costs of essential foods ranging from staple food rice, edible oil, vegetables to protein items.

Stocks continued to drop for the second consecutive day today as investors are shaky to pour money into the market when the banking deposit rate was in an upward trend.

The climate change issue will have to be incorporated in the detailed project plan (DPP) of all development projects to properly implement the national adaptation plan (NAP), according to the planning minister.

Encouraging seasonal migration is a useful strategy under some conditions, but not everywhere, said a professor of economics at Yale University while delivering a public lecture at the University of Dhaka yesterday.

Brac, a Bangladeshi non-governmental organisation, has retained its place as the world’s largest NGO for the last seven consecutive years.

Bangladesh’s stocks fell yesterday amidst thin participation of both retail and institutional investors with the turnover at Dhaka Stock Exchange (DSE) touching the lowest in 11 months.

Mohammad Dulal, a tea seller at Teacher-Student Centre (TSC) of the University of Dhaka, used to sell tea made of condensed milk for Tk 6 per cup a month ago. At present, he has increased the price to Tk 10.

Potato farmers in Bangladesh lose at least Tk 2,500 crore every year due to unsold surplus production and post-harvest losses.

Lenders and clients in Bangladesh are set to get the opportunity to settle transactions instantly as the central bank has moved to expand the facility of real-time gross settlement (RTGS) to non-bank financial institutions and the foreign exchange operations of banks.

The government should not raise fuel prices in the current fiscal year despite their record spike in global markets to give some respite to the people buckling under pressures for rising costs for essentials, said the Centre for Policy Dialogue (CPD) and economists yesterday.

Bangladesh has ratified the much-talked about International Labour Organisation (ILO) Convention 138 to fix the minimum working age for any person at 14 years.

The value added tax (VAT) on beauty parlour services will not be reduced in the upcoming national budget, announced National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem yesterday.

Regular fund allocations for small and medium enterprises (SME) are required to provide capital for business development of the SME sector.

Bangladesh has ratified the much-talked about International Labour Organisation (ILO) Convention 138 to fix the minimum working age for any person at 14 years.

The government today reduced the retail price of bottled soybean edible oil to Tk 160 a litre, a cut by Tk 8 from the current rate of Tk 168 a litre.

The value-added tax (VAT) on beauty parlour services would not be reduced in the upcoming national budget, Abu Hena Md Rahmatul Munim, chairman of the National Board of Revenue (NBR), said today.

The prices of rice, edible oil, beef, sugar, egg and onion have risen more in Bangladesh than that of the international markets, affecting the poor people who are already suffering from erosion of purchasing capacity for pandemic caused income losses, said the Centre for Policy Dialogue (CPD) today.

An ongoing fair in Tangail to display products of small and medium-sized enterprises (SME) has been far from being able to draw buyers and visitors as per expectations, frustrating participants.

Bangladesh was among the top 10 importing countries of Indian wheat in the 2020-21 fiscal year, according to the Indian commerce ministry.