The government is going to purchase 30,000 tonnes of Muriate of Potash (MoP) fertiliser from Russia as the third lot of its contract to buy 2.70 lakh tonnes of the crop production input from the world’s largest fertiliser exporter.

Bangladesh will again urge India to withdraw the anti-dumping duty (ADD) on locally produced jute and jute goods during a commerce secretary-level meeting between Dhaka and New Delhi today.

The insurance industry rebounded strongly in 2021 after getting hit by the coronavirus pandemic thanks to the contraction of excessive commission to agents and digitisation of services.

Global payments messaging network SWIFT has asked Bangladesh’s banks to suspend transactions with seven Russian lenders since they are facing sanctions from the United States and the European Union over Moscow’s invasion of Ukraine.

Food inflation facing the poor and the marginalised in Bangladesh is more than twice the official figure since the national statistical agency relies on an old base year that does not reflect reality, said the South Asian Network on Economic Modeling (Sanem).

Standard Chartered Bank has donated a pressure swing adsorption (PSA) medical oxygen generation plant to Chattogram Maa-O-Shishu Hospital (CMOSH) in Agrabad of the port city yesterday.

With pioneering, timely and cost-effective service, Summit Alliance Port Ltd (SAPL) facilitated Bangladesh’s spinning mills and the ready-made garment (RMG) sectors by providing a much-needed alternative logistics solution for their vital industrial raw material, especially break-bulk raw cotton from India.

After twice rejecting proposals to buy 3.95 lakh tablet computers for the Bangladesh Bureau of Statistics (BBS), the government yesterday granted approval to this end so that the statistical agency can conduct the population and housing census which was set to begin three years

The textiles and jute ministry plans to honour 11 individuals and organisations for their contribution to increasing production and export of jute and jute products, said a statement from the ministry.

Investors from anywhere in the world can now open an account at any branch of Sonali Bank through the one stop service portal of Bangladesh Investment Development Authority (Bida).

Economics should be people-centric in order to support the marginalised sections of the society, said economists today.

The jute and textile ministry plans to honour 11 individuals and organisations for their contribution in increasing production and export of jute and jute products.

Bangladesh Economic Zones Authority (BEZA) is planning to introduce business continuity plan (BCP) in economic zones to protect investment from disaster related loses and develop institutional mechanism for promoting resilience in business.

Investors from anywhere in the world can now to open an account at any branch of Sonali Bank through the one stop service portal of Bangladesh Investment Development Authority (Bida).

Turnover at the Dhaka Stock Exchange (DSE) hit one-year low today while the index remained flat.

Officially reported food inflation figures are grossly underestimating the actual food inflation faced by financially marginalised households in Bangladesh, the South Asian Network on Economic Modeling (Sanem) said in a study.

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers.

In a worrying trend, a group of farmers in northern districts are selling wheat spikes as cattle feed in order to make a higher profit since they don’t get fair prices for the final produce.

The far-reaching implications of an ongoing rally in oil prices amid Russia’s invasion of Ukraine have already descended on Bangladesh as the state-owned Bangladesh Petroleum Corporation (BPC) is losing Tk 19 crore per day.

Earnings from merchandise shipments continued to soar in February, registering growth of 34.54 per cent year-on-year to reach $4.29 billion on the back of increased garment exports.