Fri, 22 Nov 2024, 08:11 am
Economy

Rising imports squeeze forex reserves

The country’s foreign exchange reserve dropped to $41.90 billion amid rising imports. Bangladesh Bank on Thursday paid $2.24 billion Asian Clearing Union (ACU) import bills for the March-April period, curtailing

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Soybean oil still out of stores

Bottled soybean oil products have vanished from the market mysteriously despite a price hike of Tk 38 per litre last week. The wholesale merchants claim that the shortage of bottled

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Nigerian airlines to halt domestic flights over jet fuel hikes

Nigeria’s airlines are to stop domestic operations from Monday in protest at the spiralling cost of jet fuel. It has risen almost fourfold this year, which was unsustainable, the Airline

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TCB to expand edible oil sale at Tk 110 per litre from June

Apart from continuing the edible oil sale at Taka 110 per litre through Trading Corporation of Bangladesh (TCB) trucks, the corporation is going to expand the selling at same price

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Farmers start harvesting Boro paddy with jubilation in Rajshahi

Farmers have started harvesting Boro paddy at present with festivity by dint of satisfactory yield in the region including its vast Barind tract. Now, most of the farming fields have

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Govt tightens grip on ADP allocation for FY23

The government is going to make conservative allocation on the Annual Development Programme (ADP) for FY23 considering the impact of corona on the economy, the Russia-Ukraine war and rising global

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Elon Musk says he’ll buy Coca-Cola next “to put the Cocaine Back in”

After shaking up one of the world’s most prominent social media platforms and snagging Twitter for $44 billion in a bizarre hostile takeover on Monday, billionaire Tesla founder Elon Musk

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Australian inflation hits 20-year high

Australia’s annual inflation rate hit 5.1 per cent in the March quarter, the highest recorded since 2001, according to official data released Wednesday. “The CPI recorded its largest quarterly and

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ADP progress improves to 46pc in July-Mar

The implementation of Annual Development Programme (ADP) has modestly improved in the current fiscal year but it still could not cross the halfway mark although nine months have elapsed. Public

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Customs hotline starts test operation for ASYCUDA related service

The National Board of Revenue (NBR) has started the test operation of a hotline to provide services related to ASYCUDA World Systems for customs. The hotline number is 16134. The

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