IDRA steps in as Fareast Islami Life Insurance falls behind on payout
IDRA has ordered Fareast Islami Life Insurance Company Limited not to spend anything from its premium income, income from investment and life fund if it fails to settle claims of policyholders by this month
21 December 2023, 00:15 AM
IDRA warns life insurers over fake data
The Insurance Development and Regulatory Authority (IDRA) has directed life insurance companies to provide accurate information in their reports, stating that inconsistencies were regularly found with what it later unearthed through investigations.
19 December 2023, 18:00 PM
Tk 1,000cr fund for cinemas, but not many takers
Complexities involving deeds offered as mortgage, lengthy procedures for availing the loans, lack of collateral, and growing demand for Netflix and other video streaming platforms are the major reasons for poor demand
17 December 2023, 00:10 AM
Old potato prices stay firm despite arrival of new crops
Old and new potatoes are being sold at the same price in kitchen markets of several districts across Bangladesh, including Dhaka, according to traders.
13 December 2023, 16:35 PM
Banks to sell insurance in boost for the fledgling sector
Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network
12 December 2023, 15:49 PM
Winter winds boost sales of skincare products
The demand for skincare products will increase as temperatures continue to drop across the country
12 December 2023, 00:15 AM
Onion prices soar despite sufficient supply
The prices of onion have shot up despite adequate supply, according to a Bangladesh Trade and Tariff Commission (BTTC) report -- laying bare the extent of market manipulation by a section of dishonest traders.
11 December 2023, 18:00 PM
How much do the poor pay for rice? At least Tk 50 a kg
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
11 December 2023, 00:05 AM
Prices soar, consumers hit hard
Prices of onion increased by Tk 100 or more per kg overnight as traders began stockpiling following the news that India had extended a virtual restriction on its export.
9 December 2023, 18:00 PM
14 individuals, 12 firms on top taxpayers' list for 8th straight year
It comes as the NBR unveiled the names of 141 individuals and companies as the highest taxpayers for the assessment year of 2022-23.
6 December 2023, 00:00 AM
Farmers feel the pinch of reduced prices of beef
With traders cutting prices of beef, cattle traders are offering lower prices to farmers
4 December 2023, 00:00 AM
Weekends now the last resort to recoup sales losses
Businesspeople are scrambling to meet their sales targets as countrywide blockades have meant that they could enjoy only three days of normal business per week over the past month.
3 December 2023, 00:20 AM
Wheat prices climb after forex shock
wheat saw prices per kilogramme (kg) increase by 9.20 percent to 14.29 percent
1 December 2023, 00:00 AM
More and more people now flocking to OMS trucks
Leaving his chicken shop to his salesman, Abul Kashem rushed to gate-1 of New Market around 11:00am yesterday to buy essentials from a mobile shop of the government’s Open Market Sale programme.
28 November 2023, 18:00 PM
Policyholder protection fund yet to be formed after a decade
Idra is yet to set up the Life Policyholders Protection Fund although more than a decade has passed
27 November 2023, 00:00 AM
'TCB to continue truck sales as long as necessary'
TCB trucks are currently found in 30 spots across Dhaka, with each capable of serving 300 people
25 November 2023, 23:14 PM
Falling egg prices leave poultry farmers in a bind
price of each egg at farm level has fallen by between Tk 3 to Tk 3.5 in one month
23 November 2023, 23:00 PM
Will coming months offer any relief from high inflation?
Food inflation at 12.56 percent in October this year is the highest in a decade
23 November 2023, 15:28 PM
Many SMEs in a tight spot
Enterprises running small-scale operations in Bangladesh are suffering from a significant fall in sales at a time when inflationary pressure has pushed up production costs
22 November 2023, 23:45 PM
Retail sales drop as blockade bites
The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged.
20 November 2023, 12:25 PM