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Mizanur Rahman
Rising vegetable, chicken prices raise common people’s uneaseThe prices of winter vegetables and broiler chickens have seen a rise this week in the citys kitchen markets. Following the instability in onion prices, the potato market is also showing signs of unpredictability. As the year approaches its end, the cost of essential goods is becoming prohibitive for many. Despite adequate vegetable supplies during ...
Mizanur Rahman
BDs apparel exports decliningDue to the Russia-Ukraine war, inflation has increased in the United States and European Union (EU) countries, as a result, sale of clothes decreased in these countries. As a result, export of readymade garments from Bangladesh is declining.Data analysis shows that export of apparels  decreased continuously in last five months.Exports of knitwear and woolen garments   ...
Mizanur Rahman
Swadesh Insurance embezzles Tk 14.3cr by shady deal, cheating customers  Swadesh Islami Life Insurance Company Ltd, has embezzled crores of taka by mortgaging the companys paid-up capital after embezzling the instalment money of the customer. The special inspection team of Insurance Development and Regulatory Authority (IDRA) has also found evidences of embezzlement of Tk 14.3 crore against the insurance company.According to the documents, the company ...
Mizanur Rahman
Lowest rate of ADP implementation in last 8 FYs: ReportThe implementation rate of annual development programme (ADP) is the lowest in the last eight years. Though the first five months of the fiscal year (July to November) have passed, only 17 per cent of the governments ADP has been implemented. Meanwhile, 11 ministries and departments could not implement even 10 per cent of ADP in ...
Mizanur Rahman
BDs economic successes ‘get world recognition’After the corona pandemic, the world economy has got stuck due to the Russia-Ukraine war. In this situation small economies are facing the biggest problem. Sri Lanka went bankrupt due to a severe economic crisis. Pakistan has failed in all economic indicators. To overcome the crisis, countries are going to donor agencies without getting desired ...
Mizanur Rahman
New onion floods market plunging pricesIn different markets of the capital, an abundance of new onions has led to a decrease in prices. The prices of various onion varieties have started to decline as the supply of green onions (Murikata) increases. On Friday, several markets in the capital were visited to assess the onion market situation. Meanwhile, there have been ...
Govt Transport Pool gets back 189 out of 6000 vehicles from over 1500 completed projects
Mizanur Rahman
Project officials flouting rules of vehicle use The Department of Government Transport (DGT), usually known as Government Transport Pool, under the Public Administration Ministry has received only 189 vehicles back out of 6,000 issued to more than 1,500 development projects completed in last five fiscal years. Most of the government officials who served in the completed projects are not following the rules ...
Mizanur Rahman
Onion syndicates pocket Tk 150cr in 3 daysA number of onion syndicates have grabbed Tk 150 crore by increasing the price of onion across the country. The administration has started collecting intelligence information to take action against these syndicates. The administration is said to have received the names of dozens of businessmen of the onion syndicate. Meanwhile, on Monday, the administration has ...
Price spirals after India bans exports until March
Mizanur Rahman
Onion games start again Within 24 hours of the announcement of the Indian government to suspend export of onion from the country till March next year, instability in the Bangladesh's kitchen markets started again. The price of onion in the market has started hiking again as the traders have created artificial crisis of onion.Coincidently last year the same happened ...
Mizanur Rahman
Trade deficit fell over 60pc during July-OctoberTrade deficit has decreased by more than 60 per cent in the first four months (July-October) of fiscal 2023-24, according to Bangladesh Bank(BB).BB sources said the country has been facing crisis since the Russia-Ukraine war. As the central bank is selling dollar from its reserves to deal with the market situation, the reserves have been ...
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