The production cost of potatoes nearly doubled this year in comparison to last year due to an increase in prices of potato seeds, fertiliser and irrigation, raising concerns about a further increase in retail prices of the tuber.

The nationwide blockade is taking its toll on local airlines as the number of passengers has declined significantly on the domestic routes owing to growing fear of violence, officials said.

Meghna Automobiles Ltd, a concern of Meghna Group, is working to assemble passenger cars of South Korean automobile manufacturer Kia in Bangladesh, said a top official.

BTRC orders telcos with an eye on polls

RMG workers’ platforms rejected new wage structure

The announcement came from State Minister for Labour Monnujan Sufian

Mr Arif, a lower-middle-class citizen, decided to visit his local market to purchase essential goods for his family. To his dismay, he discovered that the prices of almost all necessities had gone up by a staggering 30 to 50 percent. This sudden spike in prices left Mr Arif perplexed and worried about the increasing burden on his already strained budget.

Says CPD’s Mustafizur Rahman

Garment factory owners have submitted a new proposal on the minimum wage for apparel workers in Bangladesh, revising it upwards to Tk 12,500, according to a source. 

The tourism industry of Bangladesh has been hit hard by the ongoing political unrest as people are unwilling to travel for fear of violence amid strikes and blockades across the country, according to businesspeople.

The delivery of import cargo from Chattogram port as well as private off docks has been sharply impacted by a countrywide two-day blockade that ended yesterday.

For more than 11 days, RMG workers have been protesting demanding Tk 23,000 as minimum wage

The socioeconomic development of India, Pakistan and Bangladesh is being hampered by the prevalence of poor governance and institutional weakness in the three South Asian nations, according to analysts.

Inflation once again grazed double digits in October, advancing 30 basis points to 9.93 percent despite the government’s repeated assurances of measures to rein it in.

The pressure on the external sector and inflation will start to peter out from the third quarter of the current fiscal year, particularly after the parliamentary elections, said the Bangladesh Bank governor yesterday.

In October, food inflation went up by 12.56 percent from 12.37 percent a month earlier, while non-food inflation increased to 8.30 percent from 7.82 percent in September

Farmers in the Moheshkhali upazila of Cox’s Bazar, famed for its evergreen betel leaves, were the worst sufferers of Cyclone Hamoon, leaving them staring into the abyss as they wonder how to cover up massive losses.

Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.

Improving regional integration, making genuine political commitments and ensuring good governance are key to attracting foreign direct investment (FDI) in South Asia, according to experts.

The government has given the nod, in principle, to conduct a detailed feasibility study for establishing the first offshore wind energy plant in Bangladesh.