Litchi growers eye bumper yield

With litchi season creeping ever closer, farmers in Dinajpur are spending busy days caring for their orchards in order to ensure maximum output of the mouth-watering tropical fruit, weather permitting.
6 April 2022, 18:00 PM

Bida suggests wider use of its one stop service

Entrepreneurs should seek services of all sorts and make full use of the convenience offered by Bangladesh Investment Development Authority’s (Bida) One Stop Service (OSS) to reduce the hassle they face in doing business, suggested Bida Executive Chairman Md Sirazul Islam yesterday.
6 April 2022, 18:00 PM

Edible oil prices go up again

In spite of the government fixing edible oil prices recently, the prices of loose soybean oil and palm oil have gone up at both retail and wholesale markets due to a supply crisis.
6 April 2022, 18:00 PM

Guidelines needed for agri insurance

To promote microinsurance and agriculture and livestock insurance, analysts yesterday called for forming a policy guideline, reducing value added tax, providing subsidies and developing actuarial capabilities of the insurance regulator.
6 April 2022, 18:00 PM

66 to get export trophies today

The government is going to recognise 66 exporters with a “National Export Trophy” for being the highest foreign currency earner of the country in the 2017-18 financial year.
6 April 2022, 18:00 PM

Current account deficit to treble

The current account deficit in Bangladesh is expected to widen to 2.7 per cent of gross domestic product (GDP) in the current fiscal year from 0.9 per cent a year ago because of escalating imports and a decline in remittance.
6 April 2022, 18:00 PM

Bangladesh's GDP to grow at 6.9% in 2021-22: ADB

The Asian Development Bank (ADB) has forecasted that Bangladesh’s gross domestic product (GDP) would continue to maintain the similar strong growth at 6.9 percent this fiscal year (2021-22) as it did in the previous FY.
6 April 2022, 04:50 AM

No chance of Lanka like situation in Bangladesh

Planning Minister MA Mannan yesterday ruled out the possibility of a Sri Lanka like situation in Bangladesh as the country’s economic stability is still strong.
5 April 2022, 18:00 PM

Improve labour conditions for GSP, investments

Washington has asked Dhaka to improve labour conditions in response to Bangladesh seeking reinstatement of the GSP facility, which was suspended in 2013, and investments in infrastructure, blue economy, IT and pharmaceuticals.
5 April 2022, 18:00 PM

Govt earns Tk 4.18cr revenue from chars of Sundarbans

Some 6,500 tonnes of dried fish have been produced at several chars by the Bay of Bengal and Sundarbans, earning the government over Tk 4.18 crore in revenue.
5 April 2022, 18:00 PM

Mexico-Bangladesh business platform launched

Mexico-Bangladesh Virtual Business Platform has been launched with an aim to create better opportunities and bring the business community of both the countries to a single platform.
5 April 2022, 18:00 PM

Price hike of fish feed keeps farmers in trouble

The rising cost of fish feed has dealt a fresh blow to thousands of aquaculturists in Mymensingh who had only just started recovering from the coronavirus fallout as transportation and other facilities returned to normal after economic activities resumed.
5 April 2022, 18:00 PM

‘Bangladesh’s future shouldn’t be measured through Sri Lanka’s situation’

Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.
5 April 2022, 07:29 AM

Edible oil: Prices can only fall in line with global trend

Commerce Minister Tipu Munshi yesterday said the reduction of edible oil prices in local markets is predicated on whether the international prices of crude cooking oil fall further.
4 April 2022, 18:00 PM

Buying houses attempt to launder Tk 6.9cr

Three Dhaka-based buying houses were found to have tried to launder Tk 6.9 crore through mis-declaration, according to the Chattogram Custom House.
4 April 2022, 18:00 PM

March exports hit record $4.76b

Export receipts hit $4.76 billion in March, the highest ever on record in a single month, posting 55 per cent growth year-on-year as buoyancy remained in shipments of major manufactured goods such as garments, home textiles and leather footwear despite the Russia-Ukraine war’s effect on global trade.
4 April 2022, 18:00 PM

Forex crisis spills over into call money market

The ongoing strain on Bangladesh’s foreign exchange regime has created cash shortages in the banking sector, sending the interbank call money rate to a 19-month high yesterday.
4 April 2022, 18:00 PM

Two new digital services launched

The planning ministry yesterday launched two services to digitalise the formulation of the Annual Development Programme, project preparation capabilities, and develop its overall office management system.
3 April 2022, 18:00 PM

Potato exports near last year’s total in 9 months

Outbound potato shipments are set to exceed last year’s total as local exporters are able to supply the vegetable at more competitive prices than Pakistan and China, various exporters said yesterday.
3 April 2022, 18:00 PM

US defence contractors see long-term benefits

US arms manufacturers are not cashing in directly from the thousands of missiles, drones and other weapons being sent to Ukraine, but they do stand to profit big-time over the long run by supplying countries eager to boost their defenses against Russia.
3 April 2022, 18:00 PM