Business

Prime Minister Sheikh Hasina has allocated Tk nine crore as Eid gift for Bangabazar shop workers, traders and owners who have been affected in a devastating fire incident recently. The money has already been sent to their mobile phone, said Principal Secretary to the Prime Minister Md Tofazzel Hossain Miah.

The average loan amount of each family in Bangladesh was Tk 70,506 in 2022, up from Tk 37,743 in 2016, according to Bangladesh Bureau of Statistics (BBS) data shared recently. One-third of households in Bangladesh are now in debt. This information has emerged in the latest household income-expenditure survey of BBS. According to the survey, 37 percent of the country’s ...

Bangladesh Jewelers Association (BAJUS) has raised the price of 22-carat gold by Tk 1,283 per bhori following an increase in the price of pure gold in the bullion market. The matter was confirmed in a press release, signed by BAJUS Price Determination and Price Monitoring Standing Committee Chairman, MA Hannan Azad, on Saturday. The new prices will come into effect ...

The sale of advance return train tickets after Eid-ul-Fitr begins on Saturday morning. These tickets will be sold for 6 days from 8 am on Saturday. Commuters have to purchase their tickets online and mobile apps, According to railway information, among the advance return tickets, April 25 tickets will be sold on April 15, April 26 tickets on April 16, ...

India’s foreign exchange reserves increased by $6.3 billion to jump to $584.76 billion for the week ended 7 April, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday, report agencies This the highest in nine months, according to data released by the central bank. In the last reporting week, the forex exchange reserves snapped a two-week rising trend ...

Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), Internet Banking, Online e-Payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Fitr. In a circular, the BB instructed the banks to ensure adequate security at the ATM booths, create awareness among the merchants ...

The government has set a target to procure 4 lakh tonnes of paddy, 12.50 lakh tonnes of boiled rice and one lakh tonne wheat in the upcoming Boro season. The procurement of Boro paddy and rice will start from May 7 and continue till August 31, 2023, reports UNB. The procurement price of Boro paddy has been fixed at Tk ...

Despite the fall in poverty rate in the country, the monthly average household expenditure has become doubled in six years. The poverty rate in Bangladesh has declined to 18.7 per cent and the extreme poverty rate stood at 5.6 per cent, according to the data of the Bangladesh Bureau of Statistics (BBS). According to 2016 statistics of the BBS, the ...

Bangabazar traders temporarily set up chowkis and resumed their business under the open sky defying sun heat. Mainly, due to Eid-ul-Fitr, the place has been temporarily arranged for the traders. Dhaka South City Corporation (DSCC) made the arrangements for them on temporary basis. Some were found using large umbrellas to protect themselves and buyers from the scorching sun. Earlier, bricks ...

The government has raised the prices of per kg fertilisers by Tk 5. Agriculture Ministry on Monday issued an order in this regard increasing the price of urea, DAP, TSP and MOP fertilisers. The new price will come into effect from Monday (April 10). The price of fertiliser was revised in line with the ongoing global economic situation and the ...