Business

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts in Bangladesh to strengthen their preparedness and resilience to the effects of climate change. According to an ADB release, The project is expected to benefit more than 600,000 people and will introduce ...

Bangladesh Bank (BB) on Tuesday said that those found to be wilful defaulters will be banned from traveling abroad. “No new trade license can be taken and would not be eligible for any kind of state awards or honours,” said an instruction of the central bank, UNB reports. Banking Regulations and Policy Department (BRPD) issued a circular in this regard ...

The Ministry of Commerce has fixed prices of dates, an Iftar item. According to a notice issued on Monday, the ministry has fixed the price range for low-grade dates at Tk 150 to Tk 165 per kilogram. Besides, price of Zahidi dates, which come in sacks, has been between between Tk 170 and Tk 180 per kilogram. This notice was ...

Bananas are set to get more expensive as climate change hits a much-loved fruit, one of the world’s top experts from the industry tells BBC News. Pascal Liu, senior economist at the World Banana Forum, says climate impacts pose an “enormous threat” to supply, compounding the impacts of fast-spreading diseases. The forum meets in Rome on Tuesday to tackle challenges ...

Three pairs of new intercity train will run on the Dhaka-Chattogram-Cox’s Bazar route by June this year. Quamrul Ahsan, director general of Bangladesh Railway, provided the information at a workshop titled “Management and Development of Bangladesh Railway” held at Rail Bhaban in the capital on Saturday. Besides, commuter trains on Chattogram-Cox’s Bazar route, two train to Khulna via the Padma ...

China’s export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery, reports Reuters. China’s improved export data joins those of South Korea and Germany, and Taiwan, who all saw their shipments top expectations over the first two ...

World food prices dropped for the seventh month in a row February as falling cereal prices outweighed more costly sugar and meat, the Food and Agricultural Organization said Friday, reports AFP. The United Nations agency said its FAO Food Price Index dropped 0.7 percent in February and is down 10.5 percent from a year ago. The FAO index measures commodity ...

One crore families will get dates at Tk 150 as the Trading Corporation of Bangladesh (TCB) started selling dates ahead of the month of Ramadan. This is the first time the TCB added the item to their list ahead of Ramadan. State Minister for Commerce Ahsanul Islam Titu on Thursday morning inaugurated the programme in the capital’s Polytechnic field. The ...

The Trading Corporation of Bangladesh (TCB) is selling per kg of sugar at Tk 70, instead of Tk 100. Earlier on Wednesday, the TCB announced that it will sell per kg sugar at Tk 100, increasing the price by Tk 30. A day later of the announcement, the organisation kept away from its earlier decision and said that it would sell sugar ...

Bangladesh Investment Development Authority (BIDA) and Bangladesh Computer Council (BCC) have inked a Memorandum of Understanding (MoU) for working together to ensure better security of the investment related information. BIDA Executive Chairman Lokman Hossain Miah attended the MoU signing ceremony as the chief guest held at BIDA conference room in the city on Wednesday (March 6, 2024), says a press ...