Bangladesh Edible Oil, TK Group, S Alam Group Staff Correspondent: Three edible oil gamblers have been summoned by the National Consumer Rights Protection Department yesterday due to gross violation of government instructions for stabilization of oil…

Inflationary pressure to be
challenge for economy

Staff Correspondent: Soaring inflationary pressure is going to be a major concern for Bangladesh’s economy as the government continues to face heightened challenges with the consumer price index (CPI) inflation, causing suffering to general consumers.Consumer Price…

ICB Islami Bank’s
losses double in ’21

Industry Desk: The net loss of ICB Islami Bank Limited – a second-generation private bank – more than doubled in 2021 to Tk39.22 crore from Tk18.61 crore a year ago.Owing to deepening losses, the bank has…

Raw materials’ crisis
hits fodder production

Nutrition security under threat Golam Mostafa Jibon: Production of fodders particularly for poultry, fisheries and cattle may stop at any time due to abnormal price hike of raw materials.There is a complaint that, a section of…

Interest payment main challenge

UNB: The government’s payment on interest for loans will increase in the coming days despite reducing the rate of interest on borrowings, according to an official document.The government has to pay some Tk 775.5 billion for…

Sanctions against RAB personnel condemnable

Staff Correspondent: Prime Minister Sheikh Hasina yesterday called the sanction against some Rapid Action Battalion (RAB) personnel “a very condemnable act”, saying the elite force has a great contribution to contain militancy and terrorism in the…

Institutional investment of leasing cos increased

Trying to make syndicate Zarif Mahmud: Investments of institutional investors in most of the non-banking financial institutions or leasing companies listed on the capital market have increased. Institutional investors have increased their investments in 13 leasing…

Construction works almost
halted for high material cost

Housing sector in deep crisis Mahfuz Emran: In the last two years, the global epidemic of coronavirus has hit the country’s housing sector hard. There was stagnation in these sectors like trade and commerce, office-court and…

ACC finds 3-storey building of Sinha in America

Staff Correspondent: The Anti-Corruption Commission (ACC) has found information that former Chief Justice Surendra Kumar Sinha (S K Sinha) had bought a three-storey building in the United States (US).The documents in these connections have already reached…

Tk 961.65 cr project for
rain water conservation

Staff Correspondent: The government has approved a project to provide safe water to the locals by conserving rain water in the coastal areas of Bangladesh. The cost of the top project ‘Supply of rain water through…

Brick price hike hits housing sector

Golam Mostafa Jibon: Development activities especially works of housing sector are being hampered tremendously due to constant rising of brick prices caused by price hike of coal in phases, insiders said.Meanwhile, the prices of various qualities…