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State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said energy security will be ensured by facing all challenges through honesty, integrity and dedication. “The energy sector has to deal with new challenges constantly. And it is necessary to address growing challenges through continuous coordinated and joint efforts,” …

The government has announced Tk 10,520 as gross monthly minimum pay for workers of the country’s fishing trawler industry, increasing the pay from Tk 5,200 set in 2015. The labour ministry announced the wage structure which was proposed by the minimum wage board through a gazette notification on November 28. …

Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and shipments to the economic bloc. According to the data …

As the world becomes increasingly aware of the negative impacts of traditional business practices on the environment and society, corporations are reevaluating their purpose and goals. Gone are the days when the sole focus was on maximising profits at any cost. Today, companies are increasingly recognising the benefits of incorporating …

Some garment manufacturers are providing basic commodities to their workers at discounts opening shops on factory premises, bringing some relief amidst the skyrocketing of prices in the local markets. The prices at these shops can be as much as 15 per cent lower than local market rates while products can …

Bangladesh’s export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year. The sector was off to a good start in January as the coronavirus situation improved in much of …

Farmers in Pabna, the biggest onion producing region in Bangladesh, have started harvesting a quick growing variety of the bulb called Kondo, but are being left disappointed by the poor prices currently on offer in local markets. The availability of leftover stock, including imports, from last year has reduced the …

Recently, Chevron Bangladesh President and Managing Director, Eric M Walker visited Sylhet and Habiganj where he attended events to support the local community as part of its Social Investment Initiatives. Eric M Walker handed over an ambulance to Sylhet City Corporation at its Jalalabad Gas Field Office, Sylhet, reads a …

The finance ministry has already begun drafting the budget for FY 2023-24 to combat war-induced economic woes and meet election-year demands. According to ministry sources, Finance Minister AHM Mustafa Kamal will hold two meetings on Tuesday – one with the council for the coordination of fiscal, monetary, and exchange rate …

The government has moved to centrally store the data of 10 million low-income card-holder families benefiting from the sales drive of the Trading Corporation of Bangladesh (TCB), in order to check irregularities. To this effect, the commerce ministry has asked city corporations and deputy commissioners (DCs) to provide the information …