Current News

The price of jet fuel shot up again last week, the 13th hike in 17 months, which will force domestic carriers to raise airfares, risking losing travellers and intense competition with foreign airlines. The move from the Bangladesh Petroleum Corporation (BPC) comes at a time when the airline industry is …

Bangladesh is not at risk of the crisis that Sri Lanka is currently facing, but the country needs to be cautious and learn from the experiences of the island nation, said Hans Timmer, chief economist of the World Bank for South Asia. “The balance of payment crisis that we are …

Speakers at a webinar today called upon the government for taking a good number of policy measures including signing of Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA) with potential countries to ensure sustainable development of the plastic sector in the post-LDC era. They also demanded of the government …

Speakers at a webinar have praised the role of Bangladesh Bank (BB) for enhancing financial inclusion and women’s access to finance in Bangladesh in different dimensions. They said that the central bank has brought non-government organizations (NGOs), Financial Institutions (FIs) which are working in the rural areas with the marginal …

The price of US dollar has been increasing in the country, leading to a price hike in the local market amid a surge in import payments against lower exports receipts. “We sold 1 dollar at Tk 91.80 today. There is no sign that the rate will go down soon,” an …

Stocks opened the week with a mixed trend on Sunday as investors traded cautiously amid a lack of clear direction of the market. Following the previous week’s modest correction, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 1.46 points or 0.02 per cent to stand …

Although onion prices were excessively high just one month ago, farmers in Pabna are now struggling to recover production costs due to a supply glut following this year’s harvest. Onions previously cost Tk 60-65 per kilogramme (kg) in Dhaka but prices quickly dropped to Tk 25-35 per kg as of …

Edible oil recently underwent price manipulation at each of the four stages of the value chain within the country involving refiners, dealers or supply order traders, wholesale traders and retailers, according to the Directorate of National Consumers’ Right Protection. This caused prices to spiral and ultimately consumers suffered, opined AHM …

Farmers have produced an all-time record of over 25.37 lakh tonnes of potato in all five districts of Rangpur agriculture region this season and are getting better prices. Market prices of potato are better this time following a realistic step taken by the government to increase its export to Singapore, …

Ruling out the possibility of having any Sri Lanka like situation in Bangladesh, Finance Minister AHM Mustafa Kamal said the country is now in a safe trajectory as there is no problem in all the major macroeconomic indicators. “Anyone can discuss the current situation in Sri Lanka. But that is …