Rice prices rise despite bumper yield

Despite a bumper yield of Boro paddy in the just concluded season, rice prices are going up, putting increasing pressure on low-income people, many of whom are suffering from income losses for the lockdown and pandemic-induced slowdown of economic activities.
13 July 2021, 18:00 PM

bKash service for buying sacrificial animals online

Mobile financial service provider bKash has enabled customers in paying for sacrificial animals and avail home deliveries and meat processing services from some online markets for the upcoming Eid-ul-Azha. 
11 July 2021, 18:00 PM

A third of young women lose jobs: survey

A third of young women who were employed in Bangladesh before the pandemic were out of jobs in January 2021, finds a survey unveiled by the BRAC Institute of Governance and Development (BIGD) yesterday.
11 July 2021, 18:00 PM

Covid-19 fallout: One-third of the young women previously employed now jobless

One-third of the young women who were employed before the pandemic were out of jobs as of January 2021 due to the impact of Covid-19.
11 July 2021, 15:32 PM

Black money finds legal home

Government officials, lawyers, engineers, owners of construction companies, private clinics and doctors mostly whitened their undisclosed wealth last fiscal year.
8 July 2021, 18:00 PM

Private credit growth sinks to 28-year low

Bangladesh’s private sector credit growth decelerated to 7.55 per cent in May, the lowest in at least 28 years, due to the depressed demand for loans amid the Covid-19 pandemic.
8 July 2021, 18:00 PM

Despair mounts for the debt-trapped

Debt-ridden micro-businesses and informal workers in Bangladesh are staring at new economic distress as incomes evaporated because of the ongoing strict lockdown, which could impose an additional financial burden on them and deepen their plights.
8 July 2021, 18:00 PM

Cattle farming offers some respite amid Covid fallouts

Arshad Uddin fell into a deep crisis when his indenting business in Dhaka took a turn for the worse soon after the coronavirus outbreak began in March last year.
7 July 2021, 18:00 PM

Remittance surges at sharpest pace in three decades

Remittance inflow posted 36 per cent growth in the just-concluded fiscal year, the sharpest in 30 years, thanks to the hard-earned money sent by migrant workers amid the coronavirus pandemic.
5 July 2021, 18:00 PM

New company registration surges despite pandemic

Despite the lengthy coronavirus pandemic, 13,613 new companies were registered in Bangladesh in the just-included fiscal year, highlighting the confidence of businesses in the economy.
5 July 2021, 18:00 PM

Import rebounds as economy strives for recovery

Bangladesh's imports rose sharply in the first 11 months of last fiscal year as the economy enjoyed a turnaround for the time being following the first wave of the coronavirus pandemic.
5 July 2021, 18:00 PM

Lockdown means destitution for them

When the Maksud Bedding Store in Dhaka's Nilkhet area is open, Monir, an employee of the retail outlet, could make about Tk 400 for each day's work.
3 July 2021, 18:00 PM

Kamal seeks additional assistance from ADB

Just a day after parliament passed the budget, Finance Minister AHM Mustafa Kamal yesterday sought an additional assistance from Asian Development Bank (ADB) as the government looks to use a record amount in foreign aid in fiscal 2021-22.
1 July 2021, 18:00 PM

Cargo handling rises at Ctg port despite pandemic

Despite the Covid-19 pandemic, Chattogram port clocked 3.1 per cent year-on-year growth in container handling in the just-concluded fiscal year, which highlighted the growing foreign trade of Bangladesh, official data showed.
1 July 2021, 18:00 PM

Covid-19: Australia to give Brac AUD 85m for inclusive economic recovery

Australia will provide AUD 85 million to Brac for the third phase of the Strategic Partnership Arrangement (SPA) 2021-2025 to help address the impact of Covid-19 and support inclusive economic recovery.
29 June 2021, 12:47 PM

$250m loan assistance to Sri Lanka: Bangladesh's image brightened, says PM

Prime Minister Sheikh Hasina today told the parliament that Bangladesh is providing $250 million loan assistance to Sri Lanka through currency swap.
29 June 2021, 11:39 AM

Unquestioned amnesty to legalise black money to continue

Undisclosed income holders will get another year to whiten their black money under the Finance Act 2021 that got go-ahead in the parliament today.
29 June 2021, 10:40 AM

World Bank gives $300m for rural economy, Covid-19 resilience

World Bank signed a $300 million financing agreement with Bangladesh on June 27 to help about 750,000 poor and extreme poor in 20 districts come out of poverty and build resilience to the Covid-19 pandemic and any future shocks.
29 June 2021, 09:25 AM

Trade surges in Khatunganj ahead of strict lockdown

Trade at the Khatunganj market in Chattogram, a wholesale hub for essential commodities, has risen significantly just days before a countrywide strict lockdown to be enforced from Thursday.
28 June 2021, 18:00 PM

Jute growers expect good yield

Jute growers in its biggest cultivation hub of Faridpur are expecting a bumper production this current season thanks to favourable weather, a welcome development for the industry that suffered for high prices of raw materials resulting from reduced production the previous year.
27 June 2021, 18:00 PM