Banking & Commodity

The coronavirus pandemic has taken a toll on female employment rate in Bangladesh’s banking sector, causing it to fall alarmingly in the first half of this year. The ratio of female employees stood at 15.8 per cent as of June this year in contrast to 18.7 per cent a year …

After a fresh hike in edible oil prices by refiners, the state-run TCB seeks to increase the rate by Tk 10 per litre under its open-market sale (OMS) programme, sources said. The Trading Corporation of Bangladesh (TCB) also seeks to enhance Tk 5.0 in the price of lentil per kilo …

Bangladesh Bank yesterday relaxed rules over its Tk 3,000 crore stimulus package dedicated for low-income professionals, marginal farmers and micro-enterprises. The latest initiative will encourage banks to disburse loans from the fund in a way such that the groups will subsequently be able to avail the finance efficiently, said a …

Commerce Minister Tipu Munshi on Sunday said that initiatives have been taken to boost production of onion and ensuring its preservation for a long time alongside inventing its newer varieties. “There is a lack of production of onion in our country compared to the demand. This deficit is being met …

Prices of many essentials, including rice, eggs, flour, garlic, onion, ginger, and turmeric have skyrocketed Tanvir Sarwar works in a mid-level position at a buying house, and lives with his parents and wife, in Mohammadpur, Dhaka. His father retired from banking and his mother and wife are both stay at …

The price of broiler chicken increased by Tk10 per kg in a week In only three days, the price of onion has come down by Tk5-10, although chicken prices went up this week. According to sellers, the end of Durga Puja and reduction of duty on onion imports cooled the …

Whenever the opportunity arises, the prices of daily necessities are increased There is still a kind of arbitrariness in our market system. The general formulas of economics are also useless here. Whenever the opportunity arises, the prices of daily necessities are increased. For example, the price of onions has suddenly …

Bangladesh Bank yesterday relaxed rules regarding banks’ investment in Treasury bills and bonds in order to help them avoid generating lower-than-expected profits in the secondary bond market.

‘Should I buy rice and vegetables or just feed green chili or onion to my family?’

The Bangladesh Financial Intelligence Unit (BFIU) has frozen the bank accounts of Foster Payments due to its alleged involvement in money laundering.