News

Genetically modified (GM) Golden Rice is now waiting for food safety clearance certificate to be released as a new variety as the vitamin-A fortified rice will fight childhood blindness that affects country’s 21 percent children.

Bangladesh needs to diversify its export basket and comply with the rules of the World Trade Organisation (WTO) to overcome challenges that would emerge after the country’s graduation from the group of Least Developed Countries (LDCs), experts said on Sunday.

Bangladesh has to rely on foreign onions as local farmers do not want to expand its cultivation amid fears of losses due to low prices during the peak harvesting seasons, said farmers, agriculturists and traders.

The country’s budget deficit widened to over Tk 1.1 trillion in the past fiscal year, highest in more than a decade.

A new rule requiring customers to obtain a certificate before completing a transaction online is causing people a lot of grief with businessmen in the IT sector suffering in particular.

The instruction of Bangladesh Bank (BB), issued on November 14 Thousands of freelancers, medical service seekers and online shoppers will bear the brunt of the latest regulatory notice of the central bank as regards transaction through international cards.

The prices of vegetables, eggs, atta and maida (refined flour) went up in the city’s kitchen markets over the week ending Friday. Traders said that the prices of vegetables increased due to a supply shortage as transport workers in many districts remained off the road in the week protesting at …

Most of the listed non-bank financial institutions are struggling amid growing public distrust and series of scams in the sector. Out of the 22 listed NBFIs excluding People’s Leasing and Financial Services Limited (PLFS), six witnessed heavy losses, seven saw profit fall and nine made increased profits in

Farm loan disbursement by banks increased for the second consecutive month in October with a 34.53-per cent or Tk 641.73 crore year-on-year increase in the month.

WeWork said on Thursday it was laying off around 2,400 employees, almost 20 per cent of its workforce, as the office-sharing company sought to drastically cut costs after it transformed from a Wall Street darling into a