Corporate

Mahfuz Emran: Mostak Ahmed works as an accountant in a private company in Motijheel of the capital. Salary total 18 thousand taka per month. He lives with a family of four in Mirpur’s Kazipara. Tk 8 thousand per month for house rent. With the rest of the money, he spent…

Staff Correspondent: The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, a forum of the refiners, has proposed the government to hike the price of soybean oil by Tk 20 per liter.The organization submitted the proposal to the Bangladesh Trade and Tariff Commission (BTTC).Md Mahmodul Hasan, deputy chief of the…

Staff Correspondent: Economists have expressed fear that the country’s economy will have a major negative impact due to the abnormal increase in fuel prices. According to them, the standard of living of the common people will go down further. Along with transportation costs, production costs will also increase. This will…

Industry Report: Crude oil prices have been falling for quite some time in the international market. It rose slightly on Friday (August 5), but its weekly price is at a five-month low. Experts believe that prices are falling due to fears that the demand for oil may decrease due to…

Staff Correspondent: Be ready to shell out more for a bus or a ferry ride in Bangladesh.With the government raising fuel prices effective yesterday — one of the steepest hike to date, the fuel consumption cost of the transport sector, for both road and river routes, is likely to go…

Staff Correspondent: Savings is a safe investment for people of all walks of life. People are interested in buying savings bonds because of safe and guaranteed profits. However, people are gradually discouraged from investing in savings bonds due to various conditions of the government.From September 2021, the interest rate has…

Industry Desk: Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world’s most important food staple and stoke food inflation that is already near record highs.Rice has bucked the trend of rising food prices amid bumper crops and…

Mahfuja Mukul: After falling for three consecutive weeks, the country’s stock market has gone through a major upswing last week. Shares and unit prices of most of the companies that participated in the trading during the week increased along with the price index. The market capitalization of Dhaka Stock Exchange…

Staff Correspondent: Speakers at a seminar, organised by FBCCI, the country’s apex chamber body, blamed the lack of initiative in local gas exploration for the current energy crisis.“Despite huge potentials, why have we failed to explore our local gas? We have to find out the answer”, said Dr. Badrul Imam,…