- DMP files 3,251 traffic violation cases in Dhaka
- 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
- Night temperature may drop in parts of country
- 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
Oil prices rise on supply concerns, Fed rate cut expectations
Oil prices climbed on Friday, set for a fourth consecutive weekly gain, fueled by concerns over tightening supply due to U.S. sanctions on Russian oil producers and signals from a Federal Reserve official hinting at potential interest rate cuts, reports Reuters. Brent crude futures rose by 13...
First shipment of 2,450 tonnes of rice from India arrives
A shipment of 2,450 metric tonnes of rice from India has arrived at the countrys Chuadanga Darshana Land Port. According to authorities, the rice, brought in by rail, arrived at the Darshana port yard around 9 pm on Tuesday in 42 wagons from Indias Gede Port, reports UNB. Atiar Rahman Habu,...
Bangladesh to import Atap rice from Pakistan
A Memorandum of Understanding (MoU) has been signed to import Atap rice on Government to Government (G2G) basis from Pakistan, reports UNB. Trading Corporation of Pakistan (TCP) and Bangladeshs Directorate General of Food signed the MoU at the Ministry of Foods meeting room at the Secretariat on...
Pakistani band 'Kaavish' concert in Dhaka rescheduled
Pakistans famous band Kaavish was scheduled to perform in Dhaka for the first time. The concert, Dhaka Dreams: Kaavish Live in Concert, was set for the 10th and 11th of January at the Army Stadium in Dhaka. However, the event organizers, Blue Brick Communications, revealed a change in the dates at...
Rice prices surge amid crop losses and import delays
The rice market in the country continues to face volatility, raising concerns over food security and price stability for millions. Despite government efforts to stabilise the market, low import volumes and crop losses from adverse weather conditions have exacerbated the crisis, highlighting...
Businesspeople in awe
The countrys industrial sector has been grappling with persistent challenges, with no signs of improvement. Difficulties are soaring for local industrialists as they have been struggling for a long time with dollar shortages, high interest rates, labour unrest, and other issues that made it harder...
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...
If industries don’t survive, employment won’t be created
Industrialists are disappointed as the government suddenly decided to increase the gas price without talking with the stakeholders in the sector. This decision is a self-destructing for industries. If the industries do not survive, there will be no employment. Workers will be unemployed. Therefore,...
Considering alternatives to manufacturing is a miscalculation
The manufacturing sector has long been the backbone of Bangladeshs economy, fueled by affordable gas and low-cost labor. These factors enabled rapid industrial growth despite the countrys significant investment challenges, including high infrastructure costs and elevated bank interest rates....
Paying toll for previous wrong policies
The hike in the gas price will affect across financial sectors. The government has to make decisions considering our production and operating costs. We now have to pay the price for previous wrong policies. We didnt invest in much needed gas extraction, and exploration sector. Therefore, a big...
A political government needed to overcome the economic crisis
The countrys business environment has become increasingly inhospitable, with the economy teetering on the brink of stagnation and crisis. Industrial capacity is dwindling, the devaluation of the taka against the dollar has disrupted raw material imports, and worker discontent is mounting as...
Gas price hikes will have multiple effects on industries
The countrys industrial sector is currently at a standstill. Industrial establishments are closing down one after another. Investors cant make new industries for various reasons. The price of gas is being increased again in this tough time for the industrial sector. The Energy and Mineral Resources...
VAT burden will upsurge pressure
The interim government has decided to increase VAT [Value Added Tax] rate in the middle of the fiscal year aiming to bolster revenue earnings and satisfy IMF bailout conditions. Instead of providing relief from the pressure of inflation, the government decided to increase the cost of living of the...
Taka loses 12.72% value in 2024 as dollar strengthens
The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over the year, reports UNB. A central bank data analysis shows that the central bank fixed the dollar exchange rate at Tk122 on December 31,...
VAT hike to have no impact on essential goods prices: Finance Adviser
Finance Adviser Dr Salehuddin Ahmedassured that the recent decision to increase VAT on 43 items will not impact the prices of essential goods. He made this remark while speaking to the media following a meeting of the Advisory Council on Government Procurement at the Secretariat on Thursday (Jan...
Reasons to be optimistic about the US economy in 2025
The world faces numerous significant challenges as we move into 2025, but the US economy is not one of them. Driven by sustained consumer spending, the US has experienced a remarkable economic recovery from the pandemic downturn, which carried on into 2024. Economic growth has consistently...
Prices of diesel, kerosene drop by Tk1 per litre
The government has reduced the prices of diesel and kerosene by Tk1 to Tk104 per litre with effect from January 1. A gazette notification was issued by the Ministry of Power, Energy and Mineral Resources in this regard on Tuesday. However, the prices of octane and petrol Tk125 and Tk121...
Keep prices under control during Ramadan: CA to officials
Chief Adviser Dr Muhammad Yunus has instructed field-level officials to work diligently to keep the prices of essentials at a tolerable and ensure their smooth supply during the upcoming Ramadan. He came up with the directive during a video conference at the Chief Advisers Office with officials...
Gold prices drop, silver remains unchanged effective from Monday
Gold prices have dropped once again in the countrys market, with a reduction of Tk 1,050 per bar for high-quality 22-carat gold. Starting Monday, 22-carat gold will be priced at Tk 138,288 per bar, as announced by the Bangladesh Jewelers Association (BAJUS) in a press release on Sunday. BAJUS...
Winter vegetable prices plunge sharply in Gaibandha market
The prices of winter vegetables in Gaibandha have fallen dramatically, bringing much-needed relief to consumers. Vegetables that were once priced as high as Tk 400 per kg, like green chillies, are now being sold for as little as Tk 30 per kg. Similarly, cauliflower, previously priced at Tk 120, is...
Oil prices edge higher on hopes for more China stimulus
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the worlds biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by...
Sumaiya breaks Guinness Record by eating 37 rice grains with chopsticks in one minute
Many people have tried eating with chopsticks, and one of them is Sumaiya Khan, a young woman from Bangladesh. Through her dedication, she didnt just try but set a world record. The 24-year-old managed to eat 37 grains of rice in one minute using chopsticks. The rules of the Guinness World...
IMF expresses concern over commodity prices hike in Bangladesh
The International Monetary Fund (IMF) has expressed concern over the continued rise in commodity prices in the Bangladesh market. For this, the organization has advised the interim government to take effective initiatives to reduce commodity prices. The IMF believes that the Bangladesh economy...
Gold price increases again
Jewellers have increased the price of gold by Tk 2,088 to Tk 1,40,586 per bhori (11.664 grams) within four day of dropping price of the precious metal. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting on...
Govt trying to keep prices of essentials tolerable till Ramadan: Dr. Salehuddin
Finance Adviser Dr. Salehuddin Ahmed has said that the government is working to keep the prices of essential commodities within tolerable level in the market until the Holy Ramadan, reports UNB. Were trying to ensure that the prices in the market remain tolerable. But its a tough job. The nature...
Govt sets a target to produce 2.26 cr MT boro in 2024-25 fiscal
The interim government has undertaken a plan to produce 2.26 crore metric tons of boro rice from 50.70 lakh hectares of land during this year, reports BSS. In view of this the government has taken all out preparations for smooth cultivation of the single largest crop variety in the country....
Middle class caught in inflation trap
Food inflation in Bangladesh reached 13.80% last November, according to the Bureau of Statistics (BBS). This implies consumers spent Tk 113.80 on food that cost Tk 100 the previous year, an average increase of Tk 14. However, Saidul Alam, a private company employee from Rupnagar in the capital,...
Government failed to lower prices of daily necessities: Rizvi
BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Sunday slammedthe interim government as he thinks it has been failed to take adequate steps to reduce the prices of essential commodities and curb extortion. Its factthat the government is unable to lower the prices of daily necessities,...