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Current News

Dry spell rings alarm for Aman cultivation

It’s rainy reason in Bangladesh and agricultural land is supposed to be wet with monsoon rains by now. But a vast part of land is currently dry and cracks have formed in many parts of the country, particularly in the north, affecting the cultivation of Aman rice, the second-largest paddy …

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CMSMEs get Tk 25,000cr

Bangladesh Bank yesterday unveiled a Tk 25,000 crore refinance scheme for cottage, micro, small and medium enterprises (CMSMEs) in order to increase their access to finances. Borrowers in the CMSME sector will get funds in the form of term loans, whose tenure is more than one year, from the scheme, …

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European Parliament’s delegation on International Trade in city

A delegation of European Parliament’s Committee on International Trade began their three-day visit here on Monday. Heidi Hautala, MEP is leading the European Parliament delegation to Bangladesh. Bangladesh and the European Union (EU) will discuss mainly trade related issues during the visit. “They are interested in following trade relations between …

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Oil price jumps

Oil prices extended gains on Monday, propped up by a weaker dollar and tight supplies that offset concerns about recession and the prospect of widespread Covid-19 lockdowns in China again reducing fuel demand. Brent crude futures for September settlement rose $2.44, or 2.4 per cent, to $103.60 a barrel by …

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E-commerce Scams: Year passes, few get redress

Over a year has passed since government agencies cracked down on several e-commerce platforms for not providing refunds or delivering products of thousands of customers after luring them with hefty discounts. Only a few got to avail redress. The scope of getting redress is narrowing as some of the accused …

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