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.

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.

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.

Having already faced several cost revisions and deadline extensions, an industrial park of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Sirajganj is on way to be delayed by yet another year.

Commerce Minister Tipu Munshi yesterday said the price of daily essentials drop whenever he visits a kitchen market but ultimately rise again once he leaves.

Exporters of locally made ceramics will have to endure tough competition after Bangladesh graduates from the least developed country (LDC) status in 2026 as such products will face 12.7 per cent tariff on average when entering international markets, according to a recent study.

Bangladesh has been Indian multinational consumer goods company Marico’s first international venture. The business is today is so successful that one out of two Bangladeshis uses its products every day. Ashish Goupal, who took over as managing director of Marico Bangladesh Ltd, in July 2018 speaks about his company’s success and future plans in an interview with The Daily Star.

Bangladesh’s consumers have increased consumption of palm and mustard oil as many of them have switched from soybean oil due to its rising prices, according to a recent report by the US Department of Agriculture (USDA).

Turning a blind eye to price rises of some essential commodities already overwhelming consumers, traders on the eve of Ramadan yesterday assured that the basic foodstuffs would not get costlier during this month of fasting.

The government should keep in consideration the Russia-Ukraine war, global economic recovery from the pandemic’s severe fallout and the latest collapse of the Sri Lankan economy when preparing the budget for fiscal year 2022-23, said experts and businesspeople yesterday.

To ensure proper nutrition for the people during the holy month of Ramadan, the Ministry of Fisheries and Livestock will begin sale of milk, eggs and meats at fair prices through mobile shops in the city from tomorrow.

Farmers in Barishal division have bet on watermelon cultivation to help overcome the economic challenges brought on by Covid-19, such as losses incurred in growing other crops, as they are getting good prices this season.

When talking about business, a boss advises to focus on KYC (Know Your Customer) and when talking about career, I suggest to focus on KYB (Know Your Boss).

The Asian Development Bank (ADB) has approved a $143 million loan package to support the government of Bangladesh’s efforts to accelerate growth by improving efficiency, predictability, and security of cross-border trade.

Around 65 per cent Japanese companies operating in Bangladesh think that they would be able to make a profit in 2022 as the coronavirus pandemic situation has improved, according to a survey of the Japan External Trade Organisation (Jetro).

The country’s four mobile phone operators bought 190 megahertz (MHz) of spectrum for $1.23 billion or Tk 10,645 crore yesterday, a development that could alleviate customers’ woes centring agonisingly low internet speeds and subpar voice services.

Mobile financial service provider bKash signed agreements with five garment factories at its Dhaka head office recently to disburse salaries and allowances of their employees.

Bangladesh and South Korea have agreed taking their comprehensive partnership to the next level in commemoration of the 50th anniversary of diplomatic relations.

The progress made in providing unemployment insurance has been extremely limited as almost all targets were missed since the National Social Security Strategy (NSSS) was adopted in 2015 to protect unemployed workers.

There is a growing interest among textile and garment entrepreneurs to install solar panels on their factory’s rooftop in order to meet a portion of their demand for electricity while also reducing carbon emissions.