Banking & Commodity

The prices of edible oil went up while the prices of other essential commodities remained high in the capital Dhaka over the week ending Friday although the government decided to set the prices of nine commodities including rice, atta and sugar to control profit mongers who were taking advantage of …

Bangladesh Bank has said that no one can keep foreign currency notes over $10,000 for more than one month. The central bank issued a notification on Wednesday and sent it to all respected banks for displaying the notification to raise awareness. According to it, a resident Bangladeshi can’t keep a …

Major producers in Bangladesh colluded with each other to send the price of eggs to an unprecedented level in the middle of August, hurting the pockets of consumers already struggling to make ends meet, according to a probe report. Usually, wholesalers sell eggs at a profit of 15-20 paisa per …

The price of US dollar has turned volatile again in the open market with increasing demand for imports despite the recent policy measures taken by Bangladesh Bank. The exchange rate of the US dollar in the kerb market was Tk 110.5 on Wednesday against the official rate of Tk 95.00 …

Mango production has increased by around six lakh tonnes amid promotion of high yielding varieties and modern technologies in the region, including its vast Barind tract, during the last one decade. Experts opined the enhanced yield has created a new dimension in the field of infusing dynamism into the local …

The Federation of Bangladesh Chambers of Commerce and Industry on Monday at a programme demanded punitive measures against the manipulators in the egg market. The country’s apex trade body came up with the demand at the discussion on essential commodities arranged by the FBCCI held at its seminar room in …

The amount of money transacted through the mobile financial service soared to Tk 94,293 crore in June due to the diversification of the service by the operators. The transaction in June was 23.56 per cent or Tk 17,981 crore higher than the Tk 76,312 in the previous month and it …

Refiners have hiked the prices of soybean oil by nearly 4 per cent to Tk 192 per litre, said a press release today. The new prices have been made effective from today, said Bangladesh Vegetable Oil Refiners’ and Vanaspati Manufacturers’ Association. The refiners also hiked the prices of loose or …

The domestic fisheries sector is now in deep trouble as fuel price hike is affecting their fishing and transportation costs. They requested the government to provide diesel at previous prices for survival of the sector. The Bangladesh Marine Fisheries Association (BMFA) recently urged the Prime Minister’s Office (PMO) to take …

People in Bangladesh once barely knew about dragon fruit, also called pitaya, but it is gradually making its way into the fields by winning the hearts of farmers all over the country through its immense popularity. In fiscal 2020-21, farmers grew pitaya on 695 hectares of land to bag 8,660 …