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Jute millers and spinners have collectively decided that they will not buy the natural fibre for more than Tk 3,000 per maund from January 20 onwards in the face of rising costs. The Bangladesh Jute Mills Association (BJMA), Bangladesh Jute Spinners Association (BJSA), and Bangladesh Jute Association (BJA) took this …

Tulips are being grown all over Sharialjoth village in Tentulia upazila of Rangpur’s Panchagarh district in a bid to increase tourism and boost the regional economy, according to local officials. The Eco Social Development Organisation (ESDO) initiated the pilot project with financial backing from the Palli Karma-Sahayak Foundation and International …

Leaving the farmers in utter despair, millers and traders are hoarding a large quantity of Aman paddy after buying the crop at lower prices, capitalising on the government’s slow pace of paddy procurement from the farmers. Farmers have vented frustration as the government has so far procured only 35,000 tonnes …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is exploring options like rooftop and floating solar power plants as alternatives to land-based ones due to scarcity of lands. He said it is not possible to set up land-based large scale solar plants as …

The Bangladesh Bank on Sunday eased procedures for cash incentive disbursement against exports of software and IT-enabled services. Software and ITES exporters would be able to receive cash incentive against exports of their products through international marketplaces without producing import information on TT message. Instead, five conditions need to be …

Summit Towers Limited (STL) has signed an agreement with Teletalk Bangladesh under the tower sharing guideline of the government. The signing took place at the head office of the mobile phone network operator in Bangladesh on Wednesday, Summit Communications Limited, the majority shareholder of STL, said in a press release …

The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage. For instance, Tuhin Rahman, a resident of the capital, used to pay Tk 975 each month for gas …

Bangladesh should undertake long-term plans to establish large scale plastic recycling and organic waste composting facilities to cope with the future growth of waste generation, suggested a new study revealed yesterday. Solid wastes generated here comprise mostly organic materials with low calorific values, said the study on “Current Scenario of …

The government has been implementing various programmes including 12 development projects through Bangladesh Parjatan Corporation (BPC) to help promote the country’s tourism sector. State Minister for Civil Aviation and Tourism Md Mahbub Ali said this on Saturday. “The BPC has undertaken 12 projects worth Tk 3.35 billion, which are now …

The government has decided to increase the cash incentive on sending remittance to 2.5 percent from the existing 2 percent in order to encourage sending remittances through legal channels. The decision, which came into effect from today (January 1, 2022), is expected to improve the overall living standards of common …