Sugar imports surge as prices decline Palm oil imports rise on strong demand Oilseed imports jump amid feed industry needs Wheat imports climb with consumption growth Bangladesh’s imports of key essential commodities rose in the first quarter of fiscal year 2025-26 (FY26), supported by improved availability of foreign exchange and …
Read More »Political will essential to curb illicit income, says planning adviser
Planning Adviser Wahiduddin Mahmud has said that without genuine political will, no legal or administrative measures can effectively curb illicit income in Bangladesh. He warned that in the absence of such commitment, “closing one channel simply opens another”. He made the remarks on Sunday while inaugurating the annual conference of …
Read More »ADB’s fossil-heavy financing deepening energy vulnerabilities: Study
The Asian Development Bank’s (ADB) continued emphasis on fossil fuel projects is worsening Bangladesh’s economic, environmental, and energy vulnerabilities, according to new findings presented at the Bangladesh Energy Conference 2025. Experts and civil society groups called for an urgent pivot toward renewable power, warning that the current investment pattern is …
Read More »BIDA chief flags harassment, delays in business registration
Business registration in Bangladesh remains lengthy, complex and scattered across multiple agencies, forcing entrepreneurs, especially SMEs, to face harassment and corruption, said Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun. He announced that a unified digital platform is being developed with support from donor agencies, enabling …
Read More »60 tonnes of onions arrive via Sonamasjid Port
A new phase of Indian onion imports through the Sonamasjid land port began on Sunday, with 60 tonnes entering the country on the opening day, according to port authorities. Port officials said Indian trucks carrying the onions arrived on Sunday afternoon. Of the total import, M/S Gaur International brought in …
Read More »Govt allows to import 1,500 tonnes of onions from India
The Department of Agricultural Extension (DAE), under the Ministry of Agriculture, has granted permission to 50 companies to import 1,500 tonnes of onions from India. The approvals, known as Import Permits (IP), were issued on Sunday after an automated verification and selection process. According to sources at the DAE, a …
Read More »BD, Thailand willing to expand trade relations
Bangladesh and Thailand want to further expand their existing trade relations and make more effective use of maritime transport facilities between the two nations. The views came when Thailand Ambassador to Bangladesh, Thitiporn Chirasawadi, made a courtesy call on Commerce Adviser Sk Bashir Udding at the latter’s Secretariat office on …
Read More »Bankers given until end of Dec to downsize bloated NPLs
Commercial banks in Bangladesh are now given a cutoff time until end of this month to significantly downsize mounting non-performing loans to clean up their year-end balance sheets. Spelling out this direction at a meeting with bankers Sunday, the central bank high-ups suggested top executives of the banks to go …
Read More »Libya to announce first oil concessions in nearly two decades
Libya will announce early next year which companies won its first tender for oil and gas exploration licences in nearly two decades, an official from Libya’s National Oil Corporation said Saturday. Libya has Africa’s largest oil reserves, at an estimated 48.4 billion barrels. ‘The winners of the new round of …
Read More »Calculators hold out against AI
The humble pocket calculator may not be able to keep up with the mathematical capabilities of new technology, but it will never hallucinate. The device’s enduring reliability equates to millions of sales each year for Japan’s Casio, which is even eyeing expansion in certain regions. Despite lightning-speed advances in artificial …
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