News

Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same. Globally, soybean oil was sold at $1,236 per tonne in the January-March period of the current calendar year, down 26 per cent …

Sales of handloom clothing, such as saris and lungis, usually peak during the shopping season centring Eid-ul-Fitr, the biggest religious festival for Muslims in Bangladesh. However, weavers and traders of handloom clothing in Pabna and Sirajganj, the two biggest producing regions, are been left disappointed by poor demand this year. …

Nagad, a leading mobile financial service provider in Bangladesh, has decided to stand by Bangabazar traders who lost their livelihoods to a massive fire incident. Tanvir A Mishuk, managing director of Nagad Limited, has declared that Nagad will donate all earnings from the ongoing mega campaign to help the fire-hit …

Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International Monetary Fund told AFP on Thursday. Since last year, central banks have been raising their benchmark lending rates to tackle inflation, which rose to levels not …

Small and marginal poultry farmers in Bangladesh are facing a severe crisis as syndicate of major companies have increased prices of one-day chicks and poultry feed, said the market insiders. The indiscriminate price hike has kept the small farm owners out of production and also paved ways for the big …

Farmers are delighted after producing an all-time record of 26,85,282 tonnes of potato and getting higher prices this season in Rangpur agriculture region. Market prices of potato are higher this time following various pragmatic steps taken by the government to increase its export to Russia, Singapore, Malaysia, the United Arab …

As Eid-ul-Fitr approaches, city dwellers in Chattogram are flocking to various shopping centres to purchase their preferred attire. FE The festival is the biggest celebration for the Muslim community, and many shoppers have received their salaries at the beginning of the month, adding to the momentum of the trend. On …

Tax policy support for engaging physically challenged people and transgender community members in mainstream economy has failed to attain its objective. Experts, businesses and transgender community leaders suggested reforming the conditions of hiring from the communities by introducing several slabs from 1 per cent to 5 per cent and urged …

Bangladesh Power Development Board on Thursday evening received 450 megawatts of power on test basis from Indian Adani Group’s subsidiary Adani Power. ‘Last 12 midnight, Bangladesh received 450 MW initially, which was increased to 750 MW,’ said Md Shamim Hasan, director public relations of Bangladesh Power Development Board. He said …

Anyone in their forties with experience of visiting the countryside might recall the ways they travelled from one place to another. In the absence of proper rural road infrastructure, boats were one of the main modes of transport for people, whether they wanted to visit relatives living in another village …