Banking & Commodity

In the wake of peoples’ feeling the pinch of skyrocketed onion prices in the last few days, state-run Trading Corporation Bangladesh (TCB) today started online onion sale programme in the city to enable consumers to buy onion at Taka 36 per kg.

Investors have been reluctant to invest in mutual funds despite a bullish trend on the market in recent weeks as they lacked confidence in the ailing sector.

Imports from India make up almost 90% of Bangladesh’s shortfall

The government has prepared draft guidelines on production and marketing of feed for fish and livestock to keep the supply of fish, meat, egg and milk safe from toxic ingredients, including heavy metals.

Bankers have attributed the rise in deposits to normalcy in economic activities despite the high Covid-19 infection rates

The consignment of onions is expected to reach Chittagong port early next month

Deposits at banks rose 10.49 per cent year-on-year to Tk 1,305,453 crore in the last fiscal year on the back of tightening of rules around national savings certificates, record flow of remittance and rebounding economic activities.

Technology is going to be the most important factor behind every development of the banking industry in the coming days, said Emranul Huq, managing director (MD) and chief executive officer (CEO) of Dhaka Bank, in an interview with Mehedi Hasan of Dhaka Tribune. He also talked about banking amid the …

Onion, ginger, potato and lentil prices increased further last week compounding sufferings of the consumers who had to dig deep into their pockets to meet rising expenditures triggered by price hike of other essentials, including rice and vegetables.

Of the total, Islami Bank Bangladesh had the highest, or 30.10% of market shares of the total remittance earned through banking channels