Govt to provide incentive for hybrid rice cultivation

The government is going to provide Tk 90 crore as an incentive this year to encourage the cultivation and production of hybrid varieties of rice in this year’s boro season.
19 October 2023, 15:11 PM

Trade thru land ports suspended for Durga Puja

Trade between Bangladesh and India through the five operational land ports under Rangpur division will remain suspended for periods ranging from five to eight days in observance of Durga Puja, the biggest religious festival of the Hindu community. .However, there will be no suspension of
19 October 2023, 11:47 AM

No IMF-prescribed reform before elections

The government has informed the International Monetary Fund (IMF) that it would not initiate any major reforms to enhance foreign exchange reserves and revenue earnings and reduce subsidies before the upcoming parliamentary elections..However, the government promised that drastic reforms w
18 October 2023, 18:10 PM

Small farmers going thru hardship: experts

Small and marginal farmers are increasingly finding it difficult to sustain their livelihoods based on prevailing crop practices, marketing channels and value chains, said experts yesterday.
18 October 2023, 18:05 PM

Market-driven exchange rate not before national polls

The exchange rate volatility and its strain on the foreign currency reserves would not disappear anytime soon after Bangladesh Bank Governor Abdur Rouf Talukder yesterday said a floating US dollar rate would not be materalised before the upcoming national election.
18 October 2023, 18:03 PM

Concerns rise as India extends ban on sugar export

Sugar supply will remain tight in the global market as India yesterday extended its ban on the export of the sweetener beyond October this year in an effort to increase domestic availability and contain prices, said officials of two local refiners.
18 October 2023, 17:43 PM

Nations should liberalise trade: ICC chair

Countries, including Bangladesh, should open up and liberalise their economies as it has been proven with sufficient data that countries which have done so have grown economically.
18 October 2023, 17:39 PM

Bangladesh lags behind neighbours

Bangladesh advanced slightly in the global mobile connectivity index in 2022 but lags behind every South Asian nation except Pakistan.
18 October 2023, 02:47 AM

Remote village thriving on handicraft export

Haziganj village is becoming a hub for handmade products crafted from recycled materials as a few factories in the remote area of Gorgram union under Nilphamari sadar upazila are enjoying success in this regard.
18 October 2023, 02:15 AM

Skilled manpower needed to boost furniture exports: Tipu Munshi

Bangladesh’s furniture industry requires skilled manpower in order to earn more foreign exchange through exports while meeting domestic demand, Commerce Minister Tipu Munshi said yesterday.
17 October 2023, 18:32 PM

Vegetable exporters facing problem in shipping goods

Fresh vegetables and fruits exporters complain that they are facing trouble in shipping their goods as a result of the enforcement of a rule by Custom House, Dhaka, which facilitate overseas trade and travels through Hazrat Shahjalal International Airport.
17 October 2023, 17:59 PM

Are we ready to adopt OMS technology?

Mobile financial services (MFS) played a crucial role in promoting financial inclusion by providing services to individuals who previously did not have access to formal banking systems.
17 October 2023, 17:55 PM

Banks suffering for growing liquidity stress

A majority of banks in Bangladesh, including some Shariah-based ones, are facing difficulties to run their activities due to a liquidity crisis, according to industry people.
17 October 2023, 01:30 AM

Jhum taking a turn from its traditional past

Farmers in the hilly areas of Bangladesh, who practise a traditional form of cultivation known as jhum, are pleased to be getting good yields of paddy this year despite the unfavourable weather conditions.
17 October 2023, 01:00 AM

Walton's sales, profits drop

Sales and profits of local electronics giant Walton Hi-tech Industries plunged in fiscal year 2022-23, mainly due to the sluggish macroeconomic scenario brought on by the war between Russia and Ukraine.
16 October 2023, 17:58 PM

Desco suffers losses for first time in 20 years

State-run Dhaka Electric Supply Company Ltd (Desco) suffered a loss in the financial year of 2022-23, for the first time in 20 years, as the cost to buy bulk electricity rose at a higher rate than the spike in retail prices.
16 October 2023, 17:56 PM

Economy going thru difficult times

The country's economyis going through a difficult time, said Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry, yesterday.
16 October 2023, 17:52 PM

Export to Russia rebounds on alternative measures

It was thought that the shipment of garment items to Russia would come to a standstill because of the outbreak of the war with neighbouring Ukraine since February 24 in 2022.
16 October 2023, 17:52 PM

Why is stock market losing its shine?

Once upon a time people were enthusiastic and patiently waited for hours in queues to deposit their IPO application fees for lottery subscriptions.
16 October 2023, 16:04 PM

GDP data, with unpaid household work, to be published soon: Mannan

The government is likely to announce the gross domestic product (GDP) figures soon by incorporating women's unpaid household work, said Planning Minister MA Mannan yesterday.
16 October 2023, 15:58 PM