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Potatoes are now costlier than rice
Kilogram Tk 60 Staff Correspondent: Just two years ago, on June 3, 2022, the price of per kg potatoin the country was Tk 18-22. A year ago on June 3, 2023, potato was Tk 36-40 per kg. And yesterday, the price of potatoes per kg was Tk 55-60. This information…
Read More »Tk 3,621 crore cash wentoutside bank in a month
Depositors fearing risk in bank Zarif Mahmud: The amount of cash held by people outside the banks has also increased significantly. At the end of March, the amount of cash held by people outside the banking system has increased to Tk 2 lakh 61 thousand 195 crores. In February the…
Read More »Unite people to save common rivers: IFC
Staff Correspondent: Tomorrow (May 16) is the historic Farakka Long March Day. On this day in 1976, Bangladesh’s oppressed mass leader, Maulana Abdul Hamid Khan Bhasani, organized the Long March from Rajshahi’s Madrasa Maidan to Nawabganj’s Kansat towards Farakka Barrage to demand a fair share of Ganges water. This Long…
Read More »Rice stock plunges to 50 pc risky level
Zarif Mahmud: The stock of rice, the staple food grain of the country, has felthighest level of risk to 800,000tonns mark. According to the Ministry of Food, from July to April 17 of the ongoing fiscal year (2023-24), the stock of rice in the government warehouses has gone down by…
Read More »Swarupkathi timber trade sees Tk 1,000 cr annual sales
Staff Correspondent, Barishal: The timber tradescentrein Swarupkathi of Nesarabadupazila hub see as high as Tk 1,000 crore in annual trade and provides employment for more than 50,000 people.The timber trade that has been running on the banks of the Sandhya river in Nesarabad upazila of Pirojpur for hundreds of year…
Read More »Supply of consumer goods increased but price not down
Ayub Ali : The government wants to keep the prices of daily necessities affordable in the country around the upcoming month of Ramadan. In this regard, the relevant ministries are conducting coordinated activities. Traders also gave a message of relief about consumer goods. They say that enough sugar, edible oil,…
Read More »Shariah banks toughen liquidity deficit burden
Mahfuja Mukul : Banks are required to compulsorily deposit a portion of deposits with the central bank to protect customer deposits or deposits. However, six Shariah-based banks and two conventional banks have not able to deposit the money in the central bank as required. As a result, the current accounts…
Read More »Stock market is in crisis of confidence
Gamblers increasing share prices Mahfuz Emran : For the time being, some relief has returned to the stock market, which has been in disbelief for a long time. After the floor price (minimum) was lifted from most of the companies, trading, valuation and market capitalization increased. There is excitement among…
Read More »Tension along Myanmar border
Authorities close 5 schools in Bandarban Staff Correspondent : People living along the Bangladesh-Myanmar border at Naikhongchhari are currently terrorized by clashes between the Arakan Army (AA) and the Rohingya Solidarity Organisation (RSO) and Myanmar’s security forces. The local administration has announced the closure of five primary schools in the…
Read More »Bangladesh earn $273m but spend $1.20b yearly
For tourism purposes Zarif Mahmud: Bangladesh is expected to receive 0.26 million foreign tourists in the calendar year 2024, up from 0.5 million in 2023, said Statista, a Germany-based online platform for data gathering and visualization, in its recent report. But it will hamper for the high airfare and travel…
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