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Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday. Former Soviet Ukraine’s electricity grid began planning …

The Bangladesh Trade and Tariff Commission (BTTC) yesterday suggested the commerce ministry review the price of edible oil in local markets as the product’s price is declining globally. However, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association sent a letter to the commerce ministry last week, demanding prices be …

Russia’s economy will shrink 15 percent this year and three percent in 2023 as the hit from Western sanctions, an exodus of companies, a Russian “brain-drain” and collapse in exports wipe out 15 years of economic gains, a global banking industry lobby group said. In its report on the Russian …

AHM Mustafa Kamal, whose life has been full of struggles, had dreamt of becoming the finance minister, so he consciously entered politics. The dream came true in January 2019. But with the fulfilment of the dream came challenges. Just days before the budget unveiling in the year, he was struck …

Bangladesh needs to build a sustainable e-commerce ecosystem to help the industry grow to its full potential, with consumers continuing to embrace new ways of buying in an ever-expanding digital world, according to experts, retailers, and brands. Speaking at the first-ever e-commerce summit in the country, organised by the Bangladesh …

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today also witnessed an upward trend like earlier as investors continued their buying spree on large-cap issues amid optimism. DSEX, the prime index of the DSE, went up by 45.86 points or 0.71 per cent to settle …

The price of residential gas for two stoves has been increased from Tk 975 to Tk 1,080. The price of 1 stove has also gone up. Customers will have to pay Tk 990 for using 1 stove which has increased from 925. However, the price of Compressed Natural Gas (CNG) …

Dhaka bourse closed the week’s first session with a moderate rise in broad index following investors’ increased participation in transactions. Major sectors of listed securities on Sunday played a market supportive role and helped Dhaka Stock Exchange (DSE) extend the gaining streak for seventh consecutive session. The market opened the …

The size of defaulted debt in Bangladesh has increased to Tk 1.1344 trillion by the third quarter of the current fiscal (FY 2021-22), a Tk 101.67 billion jump alone from the second quarter. Confirming the figure, Md Serajul Islam, spokesperson for the Bangladesh Bank, said the amount was Tk 1.0337 …

The surging inflation in Bangladesh has sent living costs to such an extent that many families are grappling to maintain a decent life with limited budgets, said the Centre for Policy Dialogue (CPD) yesterday. A four-member family requires at least Tk 29,206 to live in Dhaka even if they compromise …