Current News

The Bangladesh Bank on Sunday reduced ceiling on the US dollar loans from its Export Development Fund to manufacturers and exporters by $5 million with the aim of lowering pressure on reserves. The central bank issued a circular in this regard on Sunday. According to the circular, the ceiling has …

The government on Sunday formed minimum wage board to review the wages of the readymade garment workers through appointment of owners’ and workers’ representatives of the RMG sector to the board. The government took the initiative to review the minimum monthly wages of workers and employees five years after the …

The commerce ministry’s Export Competitiveness for Jobs (EC4J) project, which aims to expand Bangladesh’s export basket, has once again failed to meet its deadline and become costlier due to slow implementation. The Tk 941 crore project has seen only 25 per cent progress following its previous six-year completion schedule, according …

The commerce ministry’s Export Competitiveness for Jobs (EC4J) project, which aims to expand Bangladesh’s export basket, has once again failed to meet its deadline and become costlier due to slow implementation. The Tk 941 crore project has seen only 25 per cent progress following its previous six-year completion schedule, according …

Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same. Globally, soybean oil was sold at $1,236 per tonne in the January-March period of the current calendar year, down 26 per cent …

Sales of handloom clothing, such as saris and lungis, usually peak during the shopping season centring Eid-ul-Fitr, the biggest religious festival for Muslims in Bangladesh. However, weavers and traders of handloom clothing in Pabna and Sirajganj, the two biggest producing regions, are been left disappointed by poor demand this year. …

Nagad, a leading mobile financial service provider in Bangladesh, has decided to stand by Bangabazar traders who lost their livelihoods to a massive fire incident. Tanvir A Mishuk, managing director of Nagad Limited, has declared that Nagad will donate all earnings from the ongoing mega campaign to help the fire-hit …

Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International Monetary Fund told AFP on Thursday. Since last year, central banks have been raising their benchmark lending rates to tackle inflation, which rose to levels not …

Small and marginal poultry farmers in Bangladesh are facing a severe crisis as syndicate of major companies have increased prices of one-day chicks and poultry feed, said the market insiders. The indiscriminate price hike has kept the small farm owners out of production and also paved ways for the big …

Farmers are delighted after producing an all-time record of 26,85,282 tonnes of potato and getting higher prices this season in Rangpur agriculture region. Market prices of potato are higher this time following various pragmatic steps taken by the government to increase its export to Russia, Singapore, Malaysia, the United Arab …