Food prices hiked even before Ramadan
Though there is currently no supply crunch in the country, a section of unscrupulous importers and traders have already hiked the prices of essentials, creating an artificial crisis to make extra profits ahead of Ramadan, said a home ministry report.
14 February 2024, 18:00 PM
Swadesh Islami Life’s registration suspended over scam
Around a month past most of its directors being relieved of their duties over the alleged embezzlement of a fixed deposit and violation of the insurance act, Swadesh Islami Life Insurance Company has now had its registration suspended for three months
12 February 2024, 15:30 PM
Bangladesh lowers cash incentive for exporters to prepare for post-LDC era
The government has cut the export subsidy for almost all sectors to reduce the pressures on Bangladesh's coffers and bring down the rates gradually
31 January 2024, 01:00 AM
Danish fruit drinks firm eyes slice of Bangladesh market
Danish fruit drinks firm CO-RO A/S is going to launch its new brand in Bangladesh to enhance their global footprint and grab a slice of the country’s market.
29 January 2024, 00:15 AM
RMG shipping cost climbs for Red Sea diversion
International clothing retailers and brands are still choosing seaways, instead of air, to carry goods from Bangladesh to Europe although the rerouting of ships away from the Red Sea has increased the freight charge by more than 30 percent and added 15 days to the sailing time.
28 January 2024, 00:14 AM
Uttara-Motijheel Metro: Buses beginning to feel the pinch
Ever since the metro trains started operating between Uttara and Motijheel all day, buses have been seeing fewer passengers.
23 January 2024, 18:00 PM
Essentials in Ramadan: Dollar crisis, hoarding jack up prices
With Ramadan less than two months away, the prices of chickpeas, dried peas, dates, and soybean oil have increased in Dhaka and Chattogram.
20 January 2024, 18:00 PM
It's peak season for potato, but prices are still high. Here’s why
A supply disruption is causing the consumers to pay more for purchasing potatoes
15 January 2024, 15:40 PM
Sonali Life Insurance board suspends CEO
Just 15 days past a regulatory audit being initiated against him, the chairperson of Sonali Life Insurance has informed that its board of directors had suspended its chief executive officer (CEO) yesterday over allegations of misappropriating funds
14 January 2024, 18:00 PM
Three crises converge to unsettle flour market
Tight supply and higher prices of wheat has driven flour prices to go up
11 January 2024, 18:00 PM
Sonali Life ordered to cooperate with CEO
The IDRA made the order after Aman in a letter to the IDRA said Sonali Life’s board had not allowed him to enter the company's office since January 1
10 January 2024, 14:46 PM
IDRA removes two-thirds of Swadesh Insurance directors over fund scam
IDRA has relieved 12 of the 18 directors of Swadesh Islami Life Insurance Company over allegations of embezzling fixed deposit among others
10 January 2024, 00:13 AM
Increase in house rent puts further burden on tenants
Tenants in Dhaka city face house rent hikes in the middle of an inflation fuelled economy
8 January 2024, 18:00 PM
Polling officials find other ways to keep busy
It was 3:12pm and the voting was well underway at Model High School and College in Jatrabari’s Dania area.
7 January 2024, 18:00 PM
Food wasn't in short supply. But many struggled to feed families
As dawn broke yesterday, Asia Begum prepared again for her daily battle to buy essential goods at subsidised prices in order to save a few bucks and bear other family expenses.
1 January 2024, 01:00 AM
Booksellers take a hit from high inflation
As many people tighten their belts to manage daily expenses amid high inflation, books have become the ultimate luxury
28 December 2023, 00:26 AM
Pran-RFL to start producing essential goods by March
Pran-RFL Group, a leading food processor and conglomerate in Bangladesh, plans to produce flour, refined flour and semolina for consumers in their factories by March next year.
26 December 2023, 00:32 AM
Regulator bars four life insurers from spending until claims are cleared
The Insurance Development and Regulatory Authority (IDRA) has ordered four life insurance companies to not spend any amount from their income through premiums, investments and life funds unless they settle claims of policyholders by the end of December
24 December 2023, 16:13 PM
Aspirants flock to maiden BGMEA career summit
BGMEA, in collaboration with SEIP, organised the two-day Career Summit and Fest for the first time at the BGMEA Complex in Uttara
23 December 2023, 14:42 PM
Comforters see increased demand for lower prices
More than 100 companies, including Apex, HomeTex, Pran-RFL Group, Swan, Karmo, Bengal, and EuroAsia, have heavily invested
22 December 2023, 00:00 AM