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- Two judges murdered outside Iran's Supreme Court: media
- ‘Palestinians, resistance thwarted Israel’s big plots in Gaza’
- EU ready to support Bangladesh during its political transition: Envoy
- British sci-fi classic ‘Doctor Who’ gears up for bold new adventures
- Bangladesh bowl out Nepal for 52 runs
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- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
- Pakistan launches first home-made observation satellite
- Govt reaffirms zero tolerance on shrine attacks, urges complaints
- BNP demands withdrawal of vat on over 100 products
- Met office assumes dry weather nationwide
- Marma girl's accident injury being propagated as communal murder
- Tarique seeks prayers for mother
- Cold wave set to arrive, says Meteorological Department
- How to make smacked cucumbers
- Bangladesh’s 2025-26 budget may reach 8 trillion
Rice prices will drop soon with no shortage in the market: commerce advisor
Commerce Advisor Sk Bashir Uddin reassured the public that there is no shortage of rice in the market. He emphasized that both the countrys rice reserves and local production are more than adequate, particularly with the Aman season in full swing. There is no logical reason for the current high...
Forex market gets volatile again
The countrys economy has struggled with an inconsistent dollar rate for almost two years. Although the economy saw some stability in between, the price of the greenback is becoming volatile once again. After the government announced an increase in the currencys price, the kerb market became...
Vietnam to end tax exemption on low-cost imports starting February
Vietnam will end its tax exemption on low-value imported goods, starting February 18, in a move that aims to regulate e-commerce and boost local consumption. This change, outlined in Decision 01 by Deputy Prime Minister Ho Duc Phoc, impacts goods valued below VND 1 million (approximately $39.3),...
Dollar market in turmoil as Bangladesh Bank considers new system
The Bangladeshs dollar market is once again in turmoil, with the price of the US dollar surging by Tk7-8 within the past week, reaching Tk128-129. Just seven days earlier, the rate had been Tk121-122, signaling a return of volatility after five months of relative calm. This surge is causing...
Direct shipments from Pakistan boost imports by 21%
Direct shipping between Pakistan and Bangladesh commenced on November 11, 2024, with the Panama-flagged ship Yuan Jiang Fa Zhong arriving at Chittagong port with goods for the first time. Previously, goods from Pakistan passed through several ports before reaching Bangladesh. Now, with direct...
Recession not easing, raw material imports fall
Countrys trade has ground to a halt as the raw material imports fell to $5.27 billion in November, a sharp decline from $5.6 billion in the same month last year. This marks a troubling sign for the economy, as a reduction in imports is expected to fuel inflation and push up commodity prices....
Government plans to drill 100 gas wells to alleviate crisis
The government of Bangladesh has unveiled an ambitious plan to tackle the ongoing gas shortage and reduce its reliance on costly LNG imports by drilling 100 new and existing gas wells between 2025 and 2028. The move aims to enhance domestic gas production and ensure a steady supply to industries,...
Annual expenditure totals $14 billion with India
Bangladesh has emerged as Indias largest trading partner in South Asia, primarily due to its growing import dependence. In return, India stands as Bangladeshs second-largest trading partner in Asia. However, despite this robust bilateral trade, Dhaka has struggled to capitalize fully on the...
1030 metric tonnes of rice imported from India in one week
A total of 1030 metric tonnes of rice were imported from India through Benapole port in one week till Wednesday. According to the Benapole land port and customs house, 33 rice-laden trucks entered the land port from November 18 to 27, reports UNB. Deputy assistant officer of Benapole...
43 companies approved to import 19 crore eggs
The government has granted permission to 43 companies to import an additional 19 crore 30 lakh eggs to control the prices. The Ministry of Commerce issued a letter to the Office of the Chief Controller of Imports and Exports on Monday, instructing them to take necessary measures regarding this...
Decline in LC opening and settlement
In the latest quarterly report, Bangladesh Bank (BB) has revealed a decline in the opening and settlement of letters of credit (LCs) during the first quarter of the current financial year, spanning July to September. The report indicates that the total number of LCs opened fell by approximately 7...
NBR lifts duties on rice import
The National Board of Revenue (NBR) has lifted all import and regulatory duties on rice to ensure food security and control prices for the common people, reports BSS. To this end, the revenue authority issued a Statutory Regulatory Order (SRO) on Thursday. Earlier, the Directorate of Food...
Govt to procure soybean oil, sugar, chickpeas
The state-run Trading Corporation of Bangladesh (TCB) will procure some 32.60 lakh liters of soybean oil, 10,000 Metric Tons (MTs) of chickpeas and 5,000 MTs of sugar to meet the growing demand of the country ahead of the Holy Month of Ramadan, reports BSS. The approval came from the 10th...
Onion prices rise by Tk10-12
Onion prices have surged again despite normal imports from India at the Hili land port in Dinajpur, rising by Tk10-12 per kilogram in just three days, reports Dhaka Tribune. This increase is attributed to decreased local supply and heightened demand for imported onions. Wholesalers and...
Drug smugglers thrive at Benapole as scanners remain dysfunctional
Drug-peddling rackets have become increasingly active at the countrys largest land port in Benapole, taking advantage of three non-functional scanning machines due to the indifference of the authorities concerned, reports UNB. The recovery of Phensedyl bottles and other drugs has recently...
Bangladesh expects to see export growth despite global trade shifts
Bangladesh expects substantial export growth although the Global trade dynamics have undergone significant shifts in recent years, reports UNB. A document of the Ministry of Finance expected the growth based on the projection of the World Trade Organization (WTO). Although global trade...
Govt to import of another 4 crore eggs to stabilise market
The interim government has approved the import of 4 crore more eggs to increase supply and make the market stable, reports The Business Standard. A notification in this regard was issued by the Ministry of Commerces internal trade-1 wing on Wednesday. According to the notification, 12 traders...