April 18, 2024
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  • File case against Evaly

    Commerce Ministry asks Home Ministry Staff Correspondent:The Ministry of Commerce issued a letter asking the Ministry of Home Affairs to sue e-commerce platform Evaly for embezzlement of Tk338 crore owed to merchants, which was collected as an advance from customers.The Ministry also sent a separate letter to the Anti-Corruption Commission…

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  • South Asia agriculture systems show resilience amid pandemic

    UNB: The severe health and economic impacts of the COVID-19 pandemic have disrupted food systems and upended livelihoods in South Asia, but it has also led to policies aimed at building resilient food systems, according to the 2021 Global Food Policy Report.“The pandemic responses have demonstrated the power of well-crafted…

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  • World should consider addl funding to tackle impacts of climate Covid: PM

    Staff Correspondent: Prime Minister Sheikh Hasina yesterday said the world community should recognize people’s vulnerability, common aspirations, need for technology transfer and additional funding to tackle the impacts of climate change and the Covid-19 pandemic.“The international community and the developed countries should play their historical responsibilities and, their moral and…

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  • BSCIC distributes Tk 50cr stimulus loan among micro entrepreneurs

    Staff Correspondent: The Bangladesh Small and Cottage Industries Corporation (BSCIC) has distributed Tk 50 crore as stimulus loan among the micro and cottage industry entrepreneurs to overcome their shock from the COVID-19 pandemic.The loans were distributed among some 926 male entrepreneurs and some 490 female entrepreneurs through 64 BSCIC offices…

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  • RMG exporters seek govt intervention to ease cargo backlog at ICDs

    Industry Desk: Readymade garment (RMG) and knitwear exporters have demanded the government to take urgent steps to solve the severe container crisis and squeezed capacity in containers.Exporters held a meeting with the inland depot owners, shipping agents and freight forwarders recently. At the meeting, the leaders of various exporters’ associations…

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  • Bangladesh sees record 201 Covid deaths in 24hrs

    Staff Correspondent: Bangladesh reported single day highest 201 coronavirus-related deaths in the past 24 hours, taking the deaths toll to 15,593.“The tally of infections has surged to 9,77,568 as 11,162 new cases were confirmed in the last 24 hours, which is the highest daily cases,” Directorate General of Health Services…

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  • BD raises export target to $51 b for new fiscal year

    Industry Desk: Bangladesh has set an export earnings target of $51 billion for fiscal 2021-22, Commerce Minister Tipu Munshi said yesterday.Bangladesh earned $38.75 billion in exports during FY2021, missing the $41 billion target set for the year. It was, however, a 15.1 percent increase over FY2020, when export earnings amounted…

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  • Agriculture, home textile show export diversification way

    Industry Desk: Agriculture and home textile products have come up as promising forex earners in this pandemic time to fit the bill in giving Bangladesh an edge over its competitors in the world of exports.The two potential sectors have registered strong export growth in the fiscal 2020-21, clocking a $1…

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  • Exports hampered despite many empty containers lying idle

    Special Correspondent:People may be surprised to learn that many empty containers are sitting idle in private inland container depots (ICDs) in Bangladesh, despite the fact that the ICDs are clogged with export cargoes due to a severe scarcity of empty boxes.As of yesterday, there were 26,336 empty containers at 19…

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  • Who will pull the reins of project costs?

    Increasing cost and duration has become a regular phenomenon Golam Mostafa Jibon: Allegation has been intensified that the expenditure in the name of development is not being curbed anyway even after strict directives of the Prime Minister Sheikh Hasina in this regard. Who will pull the reins of project costs…

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