Business

Bangladesh recorded the lowest level of exports so far this fiscal year, both in terms of value and growth, in April as the production of apparel, the main export item, suffered in many areas amid an energy crisis.  Last month, exporters fetched $3.01 billion, registering only 0.86 percent year-on-year growth, data released by the Export…

After the recent instability in Bangladesh’s garment sector, the production of ready-made garments has increased again, but the garment and footwear companies of the western world have temporarily stopped orders. Indian textile industry is affected due to decrease in product orders in Bangladesh. Because India supplies many of the raw materials and other products of…

In the domestic market, the price of diesel per liter is decreasing by 1 25 paisa and the price of petrol and octane is decreasing by 6 rupees. The new price will be effective from 12:00 pm on Saturday (August 31), said Fawzul Kabir Khan, Advisor to the Interim Government on Power, Energy and Mineral…

Bangladesh Bank (BB) governor Dr Ahsan H Mansur on Thursday informed that the digital banking licence for Nagad Digital Bank PLC has been suspended and the central bank will review the process. The Nagad digital banking licence has been put on hold while we conduct a thorough review. If they qualify as per the central…

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There is only one day left for Eid al-Adha. Naturally, the sale of tree trunks or ‘khaitta’ and hogla used for cutting meat has increased in the market. These products are being sold not only in various big markets of the capital, but also in most neighborhoods. Usually seasonal traders sell these products. Vendors said…