Bangabazar traders seek loan deferment
Traders of Bangabazar Complex, who were running their business on loans, have urged the government to ensure that they do not have to pay instalments for a specified period as they are recovering from a recent fire at the apparel market in Dhaka’s Gulistan.
9 April 2023, 03:30 AM
Bangabazar fire also affects its suppliers
The fire at Bangabazar on Tuesday morning not only affected shop owners at the apparel shopping complex in Dhaka’s Gulistan, but also other players in the supply chain.
6 April 2023, 03:00 AM
‘They stole the few clothes I could save from the fire’
Says Mohammad Moinuddin, Tk 3 lakh worth of goods of whom were stolen when he was saving others
5 April 2023, 14:18 PM
‘Couldn’t save anything’
“I could not save a single product from any of my three stores as the fire gutted everything,” said Mohammad Rafiqul Islam Sohag, who operated apparel outlets at the Banga Islamia Super Market in Dhaka’s Gulistan area.
5 April 2023, 03:30 AM
Bangabazar blaze, a reminder for the need of insurance
Hours after a devastating fire tore through Bangabazar Complex in Dhaka’s Gulistan yesterday morning, Abdur Rahman, the owner of an apparel outlet in the area, was found lamenting his losses at the market intersection amid a frantic effort by firefighters to douse the blaze.
5 April 2023, 03:00 AM
'My parents, sisters depend on my income. What should I do now?'
Says Abdul Latif Biplob, who lost Tk 2 crore investment, Tk 3 crore worth products in Bangabazar fire
4 April 2023, 15:14 PM
‘I couldn’t save anything of my Tk 1.5 crore investment’
Says Mohammad Rafiqul Islam Sohag, who lost everything of his three shops because of the fire
4 April 2023, 11:39 AM
‘Everyone should stay aware of rules’
Local fashion brands with large-scale operations typically add price tags from their factories or warehouses before delivering products to showrooms, according to Shaheen Ahmed, president of the Fashion Entrepreneurs Association of Bangladesh, yesterday.
2 April 2023, 04:00 AM
Govt prepares guideline on non-native shrimp farming
The government has formulated a guideline for the commercial cultivation of non-native vannamei shrimp in a bid to increase export earnings from the sector, strengthen its presence in international markets and improve domestic supply.
31 March 2023, 02:30 AM
Chicken prices come down
The retail price of broiler chicken has fallen further in Bangladesh as four major poultry companies are now selling the meat at a maximum of Tk 195 per kilogramme (kg) directly from their farms.
25 March 2023, 18:00 PM
Health insurance getting popular among local firms
Many companies in Bangladesh now offer group health insurance benefits to their employees in a bid to attract young talents, survive in the competition and comply with regulations, according to industry people.
23 March 2023, 02:00 AM
Consumers bracing for further belt-tightening
Prices of groceries which witness peak demand during Ramadan, the holy month of fasting for Muslims, have swelled significantly year-on-year owing to hikes in import and transportation costs alongside the value of dollar.
22 March 2023, 02:30 AM
Agri export suffers sharpest decline in 7 years
The export growth of agricultural products, including vegetables, fruits and dry food, decreased 26.96 per cent in the first eight months of the current financial year, the sharpest decline in seven years, official figures showed.
16 March 2023, 02:00 AM
Biz summit attracting investments: Jashim
The Bangladesh Business Summit could help attract a good amount of investment from abroad as the capabilities of local businesses are being highlighted at the three-day event, according to Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
12 March 2023, 02:00 AM
Drop in gold price fails to improve sales
Sales of gold ornaments have remained low in Bangladesh despite the reduction of the prices of the precious metal twice in February after hitting an all-time high the month before, according to jewellery traders.
9 March 2023, 02:45 AM
Sugar’s duty cut yet to bring any benefit to retail market
Consumers in Bangladesh are still paying higher prices for sugar although a week has passed since the National Board of Revenue (NBR) removed the import duty on both raw and refined sweetener.
5 March 2023, 03:30 AM
Insurers’ asset, investment growth drops
The life and non-life insurance sectors have been in a tight spot for the past three years due to the economic shocks resulting from Covid-19 and the ongoing war between Russia and Ukraine.
2 March 2023, 02:00 AM
The Promise of Insurance
The insurance industry in Bangladesh has immense potential for growth, thanks to the country’s rapid economic development, increasing per capita income, average life expectancy, and large number of young people.
28 February 2023, 18:00 PM
LC restrictions cut fruit imports by 38%
Bangladesh's fruit imports fell 37.79 per cent year-on-year to $157.38 million in the July-January period
28 February 2023, 14:56 PM
Palm oil Tk 10 costlier than govt rate
Though the government last December had fixed the rate of loose palm oil at Tk 117 per litre, retailers said they were charging Tk 125 to Tk 127
26 February 2023, 03:30 AM