Bad news for wheat market as Russia pulls out of grain deal
Bangladesh’s wheat market may see fresh volatility after Russia pulled out of a United Nations and Turkey-brokered deal that could turn the global grain market unstable, importers warn.
17 July 2023, 15:51 PM
Demand for electric bikes gaining momentum
The demand for electric motorbikes is increasing in Bangladesh for being an eco-friendly and cost-effective mode of transport.
16 July 2023, 01:15 AM
Homeland Life Insurance: Over 37,000 clients unsure about settlement of claims
More than 37,000 clients of Homeland Life Insurance Company Ltd are facing uncertainty about whether they would get back their insured amount owing to a lack of liquidity at the insurer caused by alleged irregularities, the regulator found.
16 July 2023, 01:05 AM
Fareast Islami Life Ins facing steep debt
Firoza Begum, a resident of Shalmara village in Bhelabari union under Aditmari upazila of Lalmonirhat, opened a 12-year term policy with Fareast Islami Life Insurance Company some 15 years ago.
16 July 2023, 00:55 AM
Financial irregularities cost Sadharan Bima Tk 210cr
CAG audit finds
13 July 2023, 00:40 AM
BSCIC suffers Tk 25cr losses for dues
The BSCIC suffered a loss of Tk 25.32 crore in 2018-2019 and 2019-2020 as it did not realise dues related to service charges and lease money from a number of plot owners in several industrial estates, according to an audit report.
11 July 2023, 00:40 AM
Mosquito coils, sprays, nets see rising demand
The demand for anti-mosquito products, such as coils, aerosol sprays, nets and rackets, has increased in Bangladesh as people are looking to avoid dengue fever amid the recent outbreak, according to businesspeople.
10 July 2023, 18:00 PM
Now onion price on the rise
Onion prices have gone up in both wholesale and retail markets in Bangladesh in the span of a week owing to the higher cost of imported varieties of the kitchen staple.
6 July 2023, 00:30 AM
Clothing brand for big people making a splash
Like many in Bangladesh, Farhan Tanvir often struggled to find suitable clothing given his large size.
3 July 2023, 00:30 AM
Goat hides going for as little as Tk 10
Like the previous few years, the price of rawhide is low this year
30 June 2023, 14:22 PM
Rawhide prices in Dhaka lower than rate set by govt, say traders
Some traders in Dhaka today said the price of rawhides on Eid-ul-Azha this year was lower than the price fixed by the Ministry of Commerce
29 June 2023, 15:45 PM
Another Eid comes, leather estate is still ill-equipped
Bangladesh’s two-decade-long quest to put in place a system that can process 100 per cent of rawhides generated during Eid-ul-Azha continues owing to the lower-than-required capacity of the Savar Tannery Industrial Estate (STIE).
28 June 2023, 00:30 AM
Fueling growth: The evolving landscape of SME financing in Bangladesh
Financing to small and medium enterprises (SMEs) is increasing, enabling many firms to access the much-needed capital to expand their businesses and accelerate the growth of the country’s economy.
26 June 2023, 18:00 PM
Bangabazar missing typical rush ahead of Eid
Traders at the Bangabazar Shopping Complex, one of the largest clothing retail and wholesale hubs in Bangladesh, are typically busy buying and selling products ahead of Eid-ul-Azha each year.
25 June 2023, 03:00 AM
Sugar costlier by Tk 10
Sugar prices have gone up at both wholesale and retail markets in Dhaka and Chattogram in a span of a week owing to tight supply and millers’ call for adjusting the price in line with rising global rates.
22 June 2023, 02:00 AM
Mango exports jump as quality improves
Bangladesh’s export earnings from mango have jumped this year as local growers are supplying an improved quality of the popular fruit through both private and public initiatives.
19 June 2023, 03:00 AM
Arrival of foreign tourists almost at pre-pandemic level
This recovery brought hope to entrepreneurs related to the local tourism industry, which suffered huge losses due to the coronavirus outbreak
13 June 2023, 01:40 AM
Why aren’t prices of essentials falling locally?
Global commodity prices are falling.
12 June 2023, 01:30 AM
Nearly 50% policy-holders discontinue premiums after first year
About 45 per cent of life insurance policyholders in Bangladesh don’t pay premiums after the first year owing to a number of factors, including purchasing of higher value plans compared to their affordability and agents’ tendency to not provide all key information to potential customers, said the top regulator.
11 June 2023, 01:50 AM
Observers appointed at 4 life insurers
The Insurance Development and Regulatory Authority (Idra) has appointed four of its officials as observers at four life insurance companies for their failure to protect the interests of policyholders.
7 June 2023, 01:30 AM