Corporate

Eggs not an affordable Industry Desk: Eggs are not an affordable quality protein source any more, as price per dozen has soared to Tk150 in the kitchen markets across Dhaka.Lower-income families have already been cutting consumption of chicken and meat due to unusually high prices, say consumer rights groups. Now,…

Mahfuz Emran: The flow of foreign loans has increased for development work under different projects. The Executive Committee of the National Economic Council (ECNEC) approved 17 development projects in just two meetings. Where 12 projects depend on foreign loans. Foreign loans of Tk 12,350 crore have been taken under these…

Staff Correspondent: Surplus gas from Bhola fields is likely to be shipped to factories in Dhaka, Gazipur and Mymensingh’s Bhaluka by early June this year in compressed natural gas (CNG) form as the Prime Minister’s Office (PMO) has nodded a proposal regarding this matter, said Petrobangla Chairman Zanendra Nath Sarker.“The…

Staff Correspondent: Foreign banks operating in Bangladesh have fulfilled 100% of their annual agri-loan disbursement targets in the first eight months of the current fiscal year.According to data from the Bangladesh Bank, eight foreign-owned banks were given a target to disburse a total of Tk771 crore in agri-loans in the…

Zarif Mahmud: Bangladesh Trade and Tariff Commission, a government agency, said that due to the increase in the value of the dollar, the price of imported goods will be about 30 percent higher this year. However, another organization of the government, Trading Corporation of Bangladesh (TCB), says that before fasting,…

Mahfuz Emran: The cost of the Padma multi-purpose bridge project is increasing, along with the time once again. The bridge department has sent a proposal for time and cost increase to the Planning Commission. This information is known from the sources of Planning Commission.Increase in dollar price, change in pile…

Special Correspondent: Unrest in the banking sector around the world and a possible rise in US interest rates have raised fears of a global recession. As a result, the demand for fuel is also expected to decrease. Due to these concerns, fuel price in the global market reached its lowest…

Zarif Mahmud: The government wants to pass the production of Dinajpur’s Barapakuria coal mine to 5,000 metric tons (mt) per day. Sources in the Energy Department said that instructions have been given to the mine authorities for this. Recently, a letter has been sent from the Energy Department seeking to…

Industry Desk: Almost 20% of Bangladesh’s GDP comes from the textile industry. The Bangladesh economy is largely supported by the textile sector, which is essential for changing the gender dynamic in the nation and empowering women at all levels. The sector was the first to employ women in large numbers…

Staff Correspondent: Commerce Minister Tipu Munshi said traders have agreed to reduce the prices of sugar by Tk 5 per kg after the reduction in import duty on both raw and refined sugar last month.“As the import duty has been slashed, the prices of sugar can be reduced by Tk…