BSCIC to set up salt research and training institute
The Bangladesh Small and Cottage Industries Corporation (BSCIC) has taken up a project to enhance local salt production so that the country becomes self-reliant in meeting its demand for the seasoning.
16 May 2023, 03:30 AM
Ecommerce Scam: Customers yet to get Tk 600cr back
As many as 19,623 complaints against 50 e-commerce companies involving about Tk 600 crore filed with the Directorate of National Consumer Rights Protection (DNCRP) are pending, leaving the customers in a state of limbo over their money.
15 May 2023, 01:10 AM
Ginger prices surge amid dollar shortage, reduced supply
Ginger prices have surged in Bangladesh as imports of the spice have become costlier amid the ongoing US dollar shortage and a recent global supply crunch resulting from lower production.
14 May 2023, 03:30 AM
Potato prices go up as production drops
Potato prices have skyrocketed in Bangladesh amid a drop in production as farmers are increasingly turning to more profitable crops while poor weather conditions also lowered supply, according to market players.
9 May 2023, 05:00 AM
Life insurers continue to keep faith in govt securities
Life insurance companies in Bangladesh have continued to put more than half of their investments in treasury bills and bonds in the absence of diversified investment opportunities, official figures showed.
8 May 2023, 03:00 AM
Sugar prices soar for supply shortage
Sugar prices have risen at wholesale and retail markets in Dhaka and Chattogram due to an ongoing supply crunch.
3 May 2023, 03:00 AM
BSCIC Barishal project in the slow lane
A project of the Bangladesh Small and Cottage Industries Corporation (BSCIC) aimed at developing its industrial estate in Barishal and improving infrastructure there has again missed the deadline for completion owing to sluggish implementation, official documents showed.
1 May 2023, 03:00 AM
Eid tourism undaunted by higher costs, heatwave
Travellers were undeterred by the ongoing heatwave or higher accommodation and transport costs as tourist destinations across Bangladesh were bustling with activity during the recent holiday centring Eid-ul-Fitr.
30 April 2023, 03:30 AM
Retailers’ Eid sales fall short of expectations
Businesses across the country had mixed bag of reactions when asked about their sales prior to the just-concluded Eid-ul-Fitr on April 22, with many blaming an inflation-induced rise in the cost of living and a heatwave taking a toll on shoppers.
28 April 2023, 03:00 AM
Salt production hits historic high
Salt farming in Bangladesh has reached the highest level this year since commercial production began in the country six decades ago thanks to favourable weather conditions.
27 April 2023, 03:30 AM
Chicken turns Tk 50 costlier in two days
The retail price of chicken, one of the population’s biggest sources of protein, has gone up by around Tk 50 in the last two days, with the common reasonings being either a supply crunch or an attempt to cash in on inevitable Eid demand.
21 April 2023, 03:30 AM
ID for Online Businesses: Only 14% of applications granted
Only around 14 per cent of applications filed by e-commerce companies have been granted digital business identification (DBID) certificates since the registration process was initiated over a year ago.
20 April 2023, 03:30 AM
Eid shopping hits full steam
It was 11.45 pm on Tuesday. Shopping malls and markets usually remain shut at this hour of the day. But, the bustling shopping district for clothing and lifestyle items in the Mirpur-1 area was abuzz with shoppers.
20 April 2023, 02:00 AM
Fan sales soar as heatwave continues
The demand for electric fans has increased significantly in Bangladesh as the scorching summer heat has become nigh unbearable in recent times.
19 April 2023, 04:30 AM
Sales at neighbouring clothes hubs take a hit
Yesterday’s blaze at Dhaka New Super Market has severely affected trade of nearby markets, that too with just a week to go before Eid-ul-Fitr.
16 April 2023, 04:00 AM
‘I risked my life but couldn’t save anything from fire’
“I risked my life to enter my shop despite the fire but could not save anything,” said Md Babul, a seller of baby cloth items at the New Super Market.
15 April 2023, 08:32 AM
1,003 BSCIC plots lying empty
The Bangladesh Small and Cottage Industries Corporation (BSCIC) is seeking applications from entrepreneurs to allot 1,003 plots lying vacant in various industrial estates across the country.
12 April 2023, 03:30 AM
Pahela Baishakh sales lose to Eid
With only a day remaining before the celebration of Pahela Baishakh, the first day of Bangla year, sales of clothing and sweetmeat have not picked up and businesses say they are unlikely to meet their targets this year.
12 April 2023, 03:00 AM
BCIC warehouse project to seek more time, fund
A project of the Bangladesh Chemical Industries Corporation (BCIC) to build 34 buffer warehouses has once again failed to meet its deadline and become costlier due to slow implementation.
10 April 2023, 18:00 PM
Soybean oil remains dearer though global prices slump
Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same.
10 April 2023, 05:00 AM