Bangladesh Petroleum Corporation (BPC) had registered a sharp jump in sales of furnace oil, diesel and kerosene on November 3, a day before the new rate came into effect, raising questions. On Wednesday, the sales of fuel from the various depots of Padma, Meghna, Jamuna, and Standard Asiatic Oil Company …
Read More »Bangladesh exports over 90 tons of ilish to India in 10 days
115 companies have been allowed to export 4,600 tons of ilish Nine companies have exported over 90 more tons of ilish worth $905,000 to India in the last 10 days. Earlier, 1,137 tons of ilish were sent to India. Thursday was the last day to export ilish in this season, …
Read More »Folia Water wins The Sankalp Global Award 2021
Folia Water from Bangladesh has won the Sankalp Global Award 2021 in the ‘Health and Wash’ category for bringing innovation to the mass consumer goods market, according to an announcement. SANKALP is a global award system initiated in India in 2009 by Intellecap to achieve the UN Sustainable Development Goals …
Read More »Premium prices still elusive for green garment factories
Premium prices from international clothing retailers and brands have remained elusive for deserving local textile and apparel makers who have doled out extra money and efforts in setting up green buildings and adopting eco-friendly manufacturing practices. According to the entrepreneurs, green factories are one of the most scientific ways of …
Read More »Prices of commodities remain high
The prices of most of the essential commodities, including rice, edible oil, red lentil, chicken and sugar, remained high in the city’s kitchen markets over the week ending on Friday. Although the government allowed refiners to increase the prices of edible oil and sugar from time to time in line …
Read More »India cuts fuel taxes ahead of festive season to boost economy
The Indian government on Wednesday reduced taxes on petrol and diesel in a bid to improve consumer sentiment, as Asia’s third-largest economy recovers from the shocks of severe lockdowns to control the spread of the coronavirus. The excise duty on petrol has been reduced by 5 rupees ($0.0671) per litre, …
Read More »Banks post higher profits in Jan-Sep
Listed banks in Bangladesh posted higher profit in the January to September period on the back of higher income from their investment in the stock market, a pick-up in credit demand and lower expenses. The lenders made a combined profit of Tk 6,923 crore during the nine-month period, up 29.88 …
Read More »President Hamid for ensuring quality products with diversification
Government working to create 100 economic zones with the aim to create jobs for 10 million people, says the president President Md Abdul Hamid on Thursday asked industrial entrepreneurs, businessmen and others concerned to ensure the quality of domestic products and bring diversification of production. “At the time of the …
Read More »India reduces excise duty on petrol, diesel
The excise duty on petrol has been reduced by ₹5 per litre and on diesel by ₹10 per litre, the government said The Indian government on Wednesday reduced taxes on petrol and diesel in a bid to improve consumer sentiment, as Asia’s third-largest economy recovers from the shocks of severe …
Read More »BPC raises prices of diesel, kerosene by Tk15/litre
Earlier, the prices of petroleum products were reduced in April 2018 The Bangladesh Petroleum Corporation (BPC) on Wednesday raised the prices of diesel and kerosene at the retail level by Tk15 per litre in order to keep them in line with the global market. The new price of diesel and …
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