How USA becomes top remittance source beating Saudi Arabia
The USA has 5 lakh Bangladeshi migrant workers and Saudi Arabia 20 lakh
21 February 2023, 14:43 PM
Visitors seek new designs, discounts
A three-day jewellery fair that opened in Dhaka yesterday witnessed, as per the organisers, a good turnout of visitors, a number of whom cited that they were looking for new designs, discounts and potential wedding gifts.
10 February 2023, 02:30 AM
15% spice demand met thru imports
Bangladesh has to rely on imports to meet about 15 per cent of the demand of the spice market, which highlighted the foreign currencies the country has to spend to bring in the items as well as the potential for local production.
8 February 2023, 18:00 PM
Scrap vessel imports fall to four-year low
Scrap vessel imports by Bangladesh hit a four-year low in 2022 as banks in the country have become reluctant to open letters of credit amid the ongoing US dollar shortage, according to industry people.
5 February 2023, 03:00 AM
DITF participants see lower sales for second year running
The 27th edition of the Dhaka International Trade Fair (DITF), which ends today at its new venue in Dhaka’s Purbachal, may have seen a higher turnout but overall sales were lower compared to when the monthlong event was held in Agargaon, according to participants.
31 January 2023, 03:30 AM
Tea production went down last year
Tea production in Bangladesh has decreased by nearly 3 per cent year-on-year in 2022.
30 January 2023, 02:30 AM
Tea production falls 3% in 2022
Tea production in Bangladesh decreased by nearly 3 per cent year-on-year in 2022.
29 January 2023, 14:07 PM
Sugar prices edge up in wholesale market
Sugar prices edged up in the wholesale market of Bangladesh within days after refiners declared that they would sell the sweetener at higher prices from the first day of February.
29 January 2023, 02:30 AM
Ramadan items already costlier
The price of the most-consumed items during Ramadan such as chickpeas, dried peas and dates has increased in the wholesale markets in Dhaka and Chattogram due to a supply shortage, two months before the fasting month begins.
26 January 2023, 02:30 AM
Publishers to set higher prices at Ekushey book fair
Publishers are gearing up for the upcoming Ekushey book fair despite multipronged challenges as a sense of festivity surrounding the monthlong book fair has returned for the first time in three years.
25 January 2023, 03:30 AM
Exports dip in first half of current fiscal year
Exports of light engineering equipment, including stainless-steel and iron ware, from Bangladesh have decreased in the first six months of the current fiscal year compared to the same period the year before.
22 January 2023, 03:30 AM
Gas price hike spells trouble for industries
The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets.
19 January 2023, 02:30 AM
No visible step from BB to ease importers’ woes
The Bangladesh Bank is yet to take any visible measure in line with a commerce ministry directive aimed at asking banks to earmark a portion of their foreign currency holdings to open letters of credit to import essentials ahead of Ramadan.
19 January 2023, 02:00 AM
‘Fresh gas price hike to raise cost of production’
The latest gas price hike will increase the cost of production in the country, Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue, told The Daily Star.
18 January 2023, 16:01 PM
MFS transactions drop in November
Transactions through mobile financial services (MFS) have decreased slightly in November last year compared to that in the preceding month, showed the latest data of Bangladesh Bank (BB).
15 January 2023, 03:10 AM
Plight of small businesses only deepens
Mohammad Sohel was dusting off the shelves in his shop at the Muktijoddha Supermarket in Mirpur 1 on Wednesday afternoon as no shopper was present. In fact, he did not record any sales on the day although some shoppers did turn out.
13 January 2023, 09:00 AM
Paper export doubles
Bangladesh’s export of paper and paper products have risen 123.35 per cent year-on-year in the first half of the current fiscal year thanks to the post-pandemic recovery and manufacturers’ focus on finding new export destinations.
12 January 2023, 03:30 AM
Comforter-quilt market expands as lifestyle changes
Consumers in Bangladesh are increasingly switching to comforters, quilts and blankets from traditional duvets in order to stay warm throughout the chillier winter nights and amid a change in lifestyle, drawing a substantial investments and big companies to the segment.
6 January 2023, 02:00 AM
Imports of key essentials drop for dollar crunch
The import of essentials such as edible oil, chickpeas, dried peas and sugar fell in July-November as traders face difficulties in opening letters of credit (LCs) to purchase the items from international markets amid the US dollar shortage.
4 January 2023, 02:00 AM
Inflation falls for 4th month
Although the inflation rate in Bangladesh has maintained a downward trend for the past four months, it is still high enough to affect those living in the middle-income category and below, experts say.
3 January 2023, 03:00 AM