Blockade hits vegetable farmers

Vegetable farmers in Bangladesh are among the worst affected by a nationwide blockade that ended yesterday as they were unable to register sufficient sales amid the political unrest.
2 November 2023, 15:40 PM

'Amartya Sen puts emphasis on democracy along with economic dev'

Fellow economists say at a public lecture organised by the BIDS
2 November 2023, 15:37 PM

Vegetable farmers hit hard by blockade

Vegetable's wholesale prices in Pabna fell by 50% in the three-day blockade from Oct 31
2 November 2023, 12:42 PM

JP lawmakers raise voice for RMG workers' pay hike

Opposition Jatiya Party MPs today in parliament raised their voices for protecting the rights of garment workers and increasing their monthly wages
2 November 2023, 12:26 PM

Bangladesh imports potato for first time

Bangladesh, which usually exports potato, has imported the tuber for the first time for domestic consumption in a frantic effort to curb spiraling prices of the popular vegetable.
2 November 2023, 12:02 PM

Exports dip 13.64% in Oct

Oct's shipment fell to $3.76 billion this year from last year's $4.35 billion
2 November 2023, 11:52 AM

Relaxed incentive rules send remittance to a four-month high

Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.
1 November 2023, 20:54 PM

Private credit growth hits 23-month low

Private sector credit growth has slowed in recent months with banks and borrowers adopting a go-slow strategy amidst economic stress and growing apprehensions of a political crisis centring the upcoming parliamentary elections in January.
1 November 2023, 20:54 PM

'Political support needed to heal banking ills'

Political support and a strong Bangladesh Bank are crucial to deal with the challenges, including high non-performing loans (NPLs), in the banking sector, said Mustafa K Mujeri, a former chief economist of the central bank, yesterday.
1 November 2023, 20:51 PM

FBCCI calls for political stability

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday expressed concern over ongoing political unrest centring the upcoming parliamentary elections in January.
1 November 2023, 20:41 PM

WB to disburse funds soon for Bay Terminal project

The World Bank (WB) will disburse funds for the construction of the breakwater and channel of the Bay Terminal Project in the Chittagong Port very soon, World Bank Country Director for Bangladesh and Bhutan Abdoulaye Seck said during a view exchange meeting with leaders of the Chattogram Chamber of Commerce and Industry (CCCI) yesterday.
1 November 2023, 20:41 PM

Sugar import duty halved

The import tariff on raw and refined sugar was halved by the National Board of Revenue (NBR) yesterday in an attempt to contain prices in the domestic market.
1 November 2023, 20:41 PM

Bata suffers another Q3 loss

Footwear giant Bata Shoe Company Bangladesh Ltd has incurred a loss in the third quarter of 2023 on generating profits in the preceding four quarters.
1 November 2023, 20:41 PM

Blockade causing bottlenecks in container movement

A vessel bound for Singapore yesterday delayed its departure from Chattogram port as a good number of its export containers failed to reach on time amid a nationwide blockade that began on Tuesday.
1 November 2023, 20:41 PM

WB approves $210m for early childhood dev

The World Bank has approved US $210 million for a project to improve early childhood development in Bangladesh, according to a press release.
1 November 2023, 18:00 PM

Tk 17 crore govt incentive for synchronised boro cultivation

Some 122 blocks of 50 acres each will be developed through the process
1 November 2023, 16:12 PM

Handicraft makers struggling for capital shortfall: survey

More than 82 percent of the handicraft makers in Bangladesh are struggling to run their activities due to a capital shortage, according to a survey by the Bangladesh Bureau of Statistics (BBS).
1 November 2023, 16:06 PM

Private airlines barely staying afloat

Aviation operators association tells JS body
1 November 2023, 15:47 PM

Chinese firm to invest $2.26 million in Uttara EPZ

Red Forest will produce 4.09 million pieces of wigs and carnival costume
1 November 2023, 14:28 PM

RMG factory owners to raise proposed minimum wage

However, they didn’t say how much the amount will be raised
1 November 2023, 12:37 PM