Three finance ministers of Sylhet region have presented 30 out of the total 47 national budgets of the country including 28 consecutive years. But the reality is that despite the abundance of natural resources and foreign exchange, the annual income of rural households in this sector through agriculture is the
Category: Business
People are relieved about commodity prices: Information Minister
He made the remarks at a discussion meeting of the North District Awami League on the occasion of Independence Day on Friday (March 25). Dr. Mahmud said the BNP and some intellectuals could not appreciate the development progress, only slandered the government. Their job is just to criticize. The prices
Sales of TCB products stopped in Chuadanga
In this, low income people are spending their days in hardship. Many are going back empty handed without getting the product on the specified day. The district administration says there is enough oil, pulses and sugar. However, there is a temporary problem as there is no place to pack food.
Inflation has risen in cities as well as in villages
In the current 2021-22 budget, the government had announced to keep the inflation rate within 5.3 percent. But inflation has exceeded that target. Inflation has risen to more than 6 percent in February. In the remaining four months of the financial year, there is considerable skepticism about bringing inflation down
Letter to 71 banks to increase investment
The Bangladesh Securities and Exchange Commission (BSEC), the regulator of the capital market, has called for increasing the bank’s investment in the stock market. The BSEC has written to the chief executives of 33 banks urging them to invest in the stock market within the legal limits. Mohammad Rezaul Karim,
Chicago’s shadow is in Khatunganj’s wholesale market
2 p.m. We reached RM Enterprise, a large wholesale business in Khatunganj, Chittagong, the largest wholesale market in the country. Upon entering the office of the company, it was seen that the businessman Shahed-ul-Alam was repeatedly keeping an eye on an app on his mobile phone in the space of
Construction industry businessmen want price adjustment for government projects
Traders have demanded adjustment of prices of government projects as prices of construction materials including rod, cement, stone, sand, bricks, bitumen and electrical cables have gone up. They say various government departments generally follow the rate schedule of the Public Works Department (PWD) framed in 2016. Since then the prices
Metal showroom inaugurated in Thakurgaon
Metal Showroom and Regional Office has been inaugurated at Thakurgaon, the pioneer of agricultural mechanization in Bangladesh. Metal Managing Director Sadid Jamil inaugurated the new showroom in Telipara area of Thakurgaon-Panchagarh Highway on Wednesday. Also present at the opening ceremony was Metal Executive Director and Head of Business Lt. Colonel
IFC wants to double investment in five years
The World Bank’s investment body IFC wants to invest more in Bangladesh. Over the next five years, the company will invest কোটি 500 million, which is Rs 43,100 crore in domestic currency. The IFC is considering investing in light engineering, economic zones, financial and capital markets, and sustainable infrastructure to
The value of money is 20 paise
Bangladesh Bank has again devalued the local currency against the US dollar. Last Tuesday, the price of US dollar per dollar was increased from 6 to 8 rupees 20 paise. This will benefit exporters and expatriates. On the other hand, the cost to importers will increase. Earlier, the central bank