Economy

Eid Shopping: Light fabrics, colourful clothes in high demand

Shawdesh desk: As Eid-ul-Fitr draws near, shoppers are prioritising light fabrics and colorful clothes to combat the scorching heat. This year, Eid-ul-Fitr will be celebrated a week after Pahela Baishakh,

Govt plans 7.6trn budget for FY24

Shawdesh desk: The government will announce a Tk 7.6 trillion national budget for the 2023-24 fiscal year, with aims to curb inflation, reduce poverty, generate more revenues and reduce subsidies.

Budget Support: Bangladesh to get $1.45bn more from dev partners

Shawdesh desk: Bangladesh is likely to receive $1.45 billion in loans from four development partners to support its Covid-19 recovery and address the dollar crisis. The loans include $500 million

World food prices down by a fifth on 2022: UN

Shawdesh desk: World food prices are still high but have fallen by a fifth compared to a year ago when prices soared to a monthly record high after Russia invaded

Oil prices surge after surprise move to cut output

Shawdesh desk: Oil prices have surged after several of the world’s largest oil exporters announced surprise cuts in production. The price of Brent Crude oil jumped by more than $5

LPG price decreases by Tk 244 per 12-kg container

Shawdesh desk: The price of Liquefied Petroleum Gas has declined by a big margin of Tk 20.37per kg to Tk 98.17 from the previous price of Tk 118.54 for the

BKMEA seeks Tk 1500cr govt assistance to pay workers’ Eid bonus, salaries

Shawdesh Desk: Bangladesh Knitwear Manufacturers and Exporters Association wants Tk 1500 crore assistance from the government to pay their workers’ bonus and salaries ahead of Eid-ul-Fitr. The knitwear factory owners’

Vannamei shrimp: Govt approves commercial cultivation

Shawdesh desk: The government has approved the commercial cultivation of vannamei shrimp — also known as king prawn — in Bangladesh. The Ministry of Fisheries and Livestock approved the cultivation