The prices of rice, sugar, onions and edible oil increased on the kitchen markets in Dhaka city over the week ending Friday. Although the government raised the price of sugar twice in last one month and set the price of unpackaged item at Tk 90 a kilogram as per demand …
Read More »World cups fuel demand for large screen TVs
The demand for large-screen and premium-branded televisions has picked up in Bangladesh as sports-loving fans are gearing up to watch cricket and football world cups. However, the sales of general TVs have not kept pace since a majority of consumers across the country have been feeling the pinch of economic …
Read More »High duty an obstacle for Bangladesh’s export to Malaysia: Munshi
The country could not harness the export potential of Malaysia because of high tariff imposed on Bangladeshi goods, Commerce Minister Tipu Munshi said today. The high tariff has been working as a deterrent factor on shipment of goods from Bangladesh to Malaysia, the bilateral trade is swelling towards Malaysia, he …
Read More »IMF delegation to visit Dhaka for talks on policy reforms, loans
A delegation of the International Monetary Fund (IMF) will be visiting Dhaka from October 26 till November 9 this year to start discussions with the Bangladeshi authorities on economic and financial reforms and policies. The objective of the visit is to make progress towards a staff-level agreement on a prospective …
Read More »Bangladesh plans to import 5.46 million MT of petroleum in 2023
Bangladesh has planned to import 5.46 million (54.6 lakh) metric tons of petroleum for 2023. Of these bulk petroleum, some 3.860 million (38.60 lakh tons) is refined petroleum while the remaining 1.6 million (16 lakh) MT is crude petroleum. The Cabinet Committee on Economic Affairs (CCEA) in a meeting, with …
Read More »Flour price soars amid fall in wheat import
A fall in wheat import has caused a surge in the price of wheat flour and many food items made of flour in the country. The demand for wheat and wheat-made food items has increased manifold in the country over the few years due to population growth and food-habit change. …
Read More »Thrust on better regional ties to tackle inflation
There is a need for enhancing regional cooperation in Asia to cope with the increasing pressure of high inflation – caused by global turmoil, like the Russia-Ukraine war. It was observed at the inauguration of plenary session of 35th Asian Trade Promotion Forum (ATPF) CEO meeting, hosted by the Export …
Read More »SCB’s sixth board meeting held
The sixth meeting of the Board of Directors of Shippers’ Council of Bangladesh for the term of 2022 and 2023 was held in its own office’s conference room at Dhanmondi in Dhaka on Wednesday, said a press release. SCB chairman Md Rezaul Karim presided over the meeting. The meeting approved …
Read More »Adopt ‘no electricity no pay’ policy now, CPD urges govt
The government should take no electricity no pay policy now, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD). He spoke in a media briefing on slowdown in global economy and challenges for Bangladesh, organised by the CPD at its office in Dhaka today. The measures …
Read More »Dollar shortage, rising inflation among 7 crises affecting Bangladesh: CPD
Bangladesh is facing at least seven crises at present, the Centre for Policy Dialogue (CPD) said today. These are dollar shortage, energy price hike, rising inflation, spiralling food prices, Ukraine war, Covid-19 pandemic and climate change. “Overall these seven have become a challenge for us,” CPD Executive Director Fahmida Khatun …
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