Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.

Online purchases are getting costlier as courier companies in the country have collectively raised their fares in response to the recent increase in fuel prices.

That high inflationary pressure has been taking a toll on people over the last couple of months is apparently evident in supermarkets, where the same amount of money is being spent albeit for the purchase of a lower number and volume of goods. 

Facing criticism for unilaterally raising a service charge last week, private inland container depots (ICDs) have decided to hold discussions with stakeholders first before hiking rates of their other facilities.

Chattogram port has advanced three steps in a year to become the world’s 64th busiest port in terms of annual throughput of containers in 2021.

Bangladesh Bank on Wednesday asked the managing directors of six banks to explain why they took advantage of the volatility in the foreign exchange market to make profits breaking banking norms.

Just take a few seconds to imagine what life may be like without the internet. There will be no Amazon or Daraz, no foodpanda orders, no Google Maps, no Netflix, no online games, no online study, widening of digital divide, no IR 4.0, no video calls and the list can go on.

Chattogram port has advanced three steps in a year to become world’s 64th busiest port in terms of annual throughput of containers in 2021.

The Bangladesh Bank yesterday sought explanations from managing directors of six private banks citing their alleged involvement in taking advantage of the volatility in the foreign exchange market to make a super profit.

Credit ratings highlight a borrower’s creditworthiness, wherein a higher rating refers to the superior credit quality of an individual or entity and the notion that it deserves greater investor confidence.  

Cash recycling machines (CRMs), set up by banks in Bangladesh to help clients deposit, withdraw and transfer money instantly, almost doubled in the last financial year.   

The nascent mobile phone manufacturing industry in Bangladesh has been hit hard by the higher inflation, unprecedented dollar price hike, and increased value-added tax as their sales have plummeted amid belt-tightening by consumers. 

Stocks of the companies with sub-par performance are rising on the Dhaka Stock Exchange at a higher rate although the key index has been bearish for months, prompting industry people to point their fingers at manipulation. 

The government is planning to take projects for developing the agriculture sector under public-private partnerships (PPP) for the first time in order to grow more agro-entrepreneurs and reduce pressure on the state coffer, according to a decision of the agriculture ministry.

The International Labour Organisation (ILO) yesterday signed an agreement with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to enhance workplace safety and healthcare facilities in 10 priority economic sectors.

Bangladesh Bank yesterday said that money changers would not be allowed to gain a profit of more than Tk 1.50 for each US dollar when buying and selling the greenback.

All Bangladeshi exports will continue to get duty-free access to the United Kingdom until 2026 when the country will make the status graduation from a least developed to a developing nation. 

No money changer can now charge over Tk 1.5 against each US dollar while buying and selling the greenback.

Stocks continued to rise for the third consecutive day today while the turnover also maintained an increasing trend.

The Chittagong Stock Exchange (CSE) opened on a positive note today.