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Industries Minister Nurul Majid Mahmud Humayun on Monday said iodized salt is very important in building a healthy and talented generation. “The ‘Iodized Salt Act, 2021’ has been enacted with the necessary amendments to abolish the existing ‘Prevention of Iodine Deficiency Diseases Act, 1979’. The act has been enacted for …

The bilateral relations between the two countries are below its potential and need to be explored properly United Arab Emirates (UAE) laid emphasis on strengthening economic and commercial relations with Bangladesh as bilateral relations between the two countries are below its potential. Assistant Minister for Economic and Trade Affairs of …

Fuel price hike has augmented sufferings of Chattogram’s fish farmers and fishmongers, already hit hard financially by the Covid-19 pandemic. Wholesalers at Chattogram’s Fishery Ghat told the FE that the rise in diesel price has caused extreme damage to their trade as cost of running fishing trawlers, different modes of …

Rice price in Bangladesh has remained at an elevated level despite higher imports in recent months on the back of lower customs duty and reduced price in the international market as well as a record stock in government warehouses. The retail price of coarse rice, consumed by a majority of …

The Dhaka Stock Exchange crossed 7,000 points level again after 11 working days within two hours of the start of the day’s trading. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 74 points, or 1.07 per cent, to 7,016. Turnover, an important indicator of the stock …

Bangladeshi consumers can now get a taste of the global ‘Buy Now, Pay Later’ (BNPL) phenomenon thanks to the digital services platform Pathao, which is rolling out the feature today on a test basis. Globally, BNPL has exploded in popularity over the past year thanks to the pandemic-driven boom in …

Italy has expressed interest to invest in Bangladesh’s leather industry. Italian ambassador to Bangladesh Enrico Nunziata expressed the interest today during a meeting with Bangladesh Small and Cottage Industries Corporation (BSIC) chairman Mushtaq Hasan at BSIC building in the capital, said a press release. After the meeting, the BSIC chairman …

A purchase order by the Bangladesh Power Development Board (BPDB) to import extra quantities of diesel and furnace oil has put the Bangladesh Petroleum Corporation (BPC) in big trouble. According to official sources, the BPDB placed an extra order to BPC to import 105,800 metric tons of diesels and 101,000 …

Stocks opened higher on Monday, after the previous day’s sharp decline, as bargain hunters were showing their buying interest on selective bank shares. Some large-cap stocks such as BRAC Bank, Beximco, Orion Pharma, IFIC Bank and NRBC Bank led the index rise this morning. Following the previous day’s sharp fall, …

Bangladesh’s remittance earnings from Malaysia and Singapore have suffered a major setback in the JulySeptember quarter of 2021 as fresh recruitment to the countries from Bangladesh has remained almost halted. Although the overall remittance inflow in the country dropped by 19.44 per cent year-on-year in July-September of 2021 period, the …