Russia to provide 30,000 MT of fertilizer to Bangladesh free of charge
Russia to provide 30,000 MT of fertilizer to Bangladesh free of charge

Russia has announced it will provide 30,000 metric tonnes (MT) of Muriate of Potash (MoP) fertilizer to Bangladesh free of charge, as a gesture of friendship and strong bilateral ties between the two nations. Dmitry Konyaev, CEO of Uralchem Group, Russias second-largest ammonia and nitrogen...

EBAUB proposes agricultural insurance to support distressed farmers
EBAUB proposes agricultural insurance to support distressed farmers

During the National Agriculture Day and Navanna Utsav 2024 celebrations at Exim Bank Agricultural University Bangladesh (EBAUB), speakers emphasized the need to establish village-level agricultural cooperatives and implement agricultural insurance to support farmers and modernize the sector....

LC Margin for fertilizer imports relaxed
LC Margin for fertilizer imports relaxed

The import procedure for fertilizer has been streamlined to ensure a steady supply to farmers at the grassroots level. The Bangladesh Bank has relaxed the LC (letter of credit) margin for fertilizer imports, allowing LCs to be opened with a minimum margin, depending on the bank-customer...

Global food prices reach 18-month high: FAO
Global food prices reach 18-month high: FAO

Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, according to the Food and Agriculture Organization. The FAO Food Price Index, which tracks monthly changes in international prices of a basket of food commodities, reached...

Govt to procure 3.5 lakh MT Aman paddy at Tk 33/kg
Govt to procure 3.5 lakh MT Aman paddy at Tk 33/kg

The government has set a target to procure 3.5 lakh metric tonne (MT) of Aman paddy at Tk 33 per kg for the fiscal year 2024-2025. The decision was taken at the Food Planning and Monitoring Committee (FPMC) meeting, held at the Secretariat, with Finance Adviser Dr. Salehuddin Ahmed in the chair....

Jute fiber's quality to be improved to boost jute usage: Agri Secy
Jute fiber's quality to be improved to boost jute usage: Agri Secy

Secretary of the Ministry of Agriculture Dr Mohammad Emdad Ullah Mian has said the use of jute will be increased by improving the quality of jute fiber and producing multipurpose jute products, reports BSS. For this purpose, the related research activities need to be increased, he said while...