Bangladesh

Prices of everything out of reach Zarif Mahmud: The commodity market has now become a place of panic for the consumers. Because the price of every product has gone up and out of reach. When you go to the market with a bag, the buyer gets shocked after hearing the…

Syed Nasir Hossain: The cost of power generation has been increasing rapidly for three years. Even if the price is increased, the large deficit of income and expenditure can’t be covered. This is increasing the losses of the Power Development Board (PDB).However, the Ministry of Finance is not giving the…

‘Remal’ likely to hit Bangladesh by today evening Staff Correspondent: Cyclone Remal has intensified from a deep depression over the central Bay of Bengal, making landfall around 9:00 pm this evening. Maritime Ports of Mongla and Payra have been advised to hoist danger signal no 7, while the Maritime Ports…

Staff Correspondent: The defaulted loans in the banking sector stood at Tk 1 lakh 45 thousand 633 crore in December. Which was Tk 42 thousand 715 crore ten years ago. If we add bad loans with rescheduled loans, it stands at Tk 3 lakh 77 thousand 922 crores. And against…

Farmers lost interest in rice Mahfuja Mukul: The government aims to double rice productivity in the country (compared to 2015) by 2030 to ensure food security for the growing population. For this reason, although various plans and initiatives have been taken, the production can’t be increased to the desired level.…

Mahfuz Emran: The liability of foreign back to back LCs for import of raw materials for the export sector has increased to Tk 12 thousand crores or $101 crores. Last September, the outstanding amount was $76 thousand crore or Tk 8,360 crore. In three months (October-December) dues increased by $250…

NSU provides Tk 125 crores by breaking FDR –NSU still has Tk 180cr tax due-44 pvt varsities owe Tk 831cr Special Correspondent: The tax department has collected approximately Tk 149 crore from three reputed private universities in a single day. Among them, North South University contributed Tk 125 crore by…

Finance Ministry forecasts stability amid diversified funding and reserve build-up Staff Correspondent: The Finance Ministry expects external debt repayment to remain within tolerable limits over the next two fiscal years, thanks to the government’s efforts to diversify funding sources and boost foreign exchange reserves.However, managing debt service obligations is essential…

Staff Correspondent: The depression over the Bay of Bengal is expected to intensify into a severe cyclone and is likely to reach the Bangladesh coast by Sunday evening, according to the Bangladesh Meteorological Department (BMD).BMD Director Azizur Rahman addressed the media on Friday, explaining that the cyclone, named ‘Remal’ or…