News

Farida Parvin, a housewife in Sultanpur village under Sadar upazila of Satkhira district, now has her own source of income — making jute products for a private organisation involved in exporting those. Like Farida, a number of women in the village are now earning money after receiving training from ‘Rishilpi …

Bangladesh’s another mega coal-fired power plant, 2×660 MW Maitree Super Thermal Power Project at Rampal, started supplying electricity to the national grid. The supply began after the newly built Aminbazar-Gopalganj 400KV grid line was made operational. “We are conducting a reliable test of unit-1 and it supplied 400 MW of …

The reopening of Mogalhat, a decommissioned land port on the Bangladesh-India border in Lalmonirhat, has been stalled for a long time now even though resuming trade and immigration activities would be of great benefit to local businesspeople, according to officials. The now defunct transit point is about 10 kilometres away …

The export of tea has slightly increased in recent times apparently for quality enhancements, focus on retail packs and production being higher than domestic consumption. Manufacturers are expressing optimism, saying that if the amount of investment in gardens increases in the coming days, Bangladesh would be able to attain its …

High inflation is directly threatening the food security of workers of at least 14 industrial sectors earning a minimum wage, said the Centre for Policy Dialogue (CPD) yesterday. The independent think tank urged the authorities to “urgently” revisit and revise the minimum wages of workers in all industrial sectors. The …

Bangladesh exported denim apparel to the US market worth $839.13 million in the first ten months (January-October) of 2022, fetching a year-one-year growth of 36.23%, and remaining the top exporter. Data from the Office of Textiles and Apparel (Otexa) of the Commerce Department shows that Bangladesh exported denim apparel to …

State Minister for Foreign Affairs Md Shahriar Alam has said Bangladesh looks forward to Sweden’s continued support to make the LDC graduation smooth and sustainable. He hoped that Bangladesh’s onward march to becoming a reliable partner in the global supply chain can be supported by Sweden. State Minister Alam reaffirmed …

Bangladesh bank (BB) has printed a commemorative note of Taka 50 marking the ‘Golden Jubilee of the Constitution and the Supreme Court of the People’s Republic of Bangladesh’. Prime Minister Sheikh Hasina is expected to unveil the note at a discussion on December 18, said a press release. This commemorative …

The government has approved procuring 27.5 million litres of soybean oil for the Trading Corporation of Bangladesh (TCB) to sell among the people at subsidised prices. The cabinet committee on government purchase approved the proposal in this regard at its meeting on Wednesday, chaired by finance minister AHM Mustafa Kamal. …

The amount of foreign currencies held by the country’s commercial banks increased slightly by 4.5 per cent in November compared with that in the previous month amid various initiatives taken by the government to improve the situation. The gross foreign currency balance with the banks increased to $4,708 million in …