The commerce ministry today requested the Bangladesh Bank for keeping a certain quota of US dollar to facilitate import of six essential commodities to ensure smooth supply of the goods during Ramadan.

Inflation eased for the fourth consecutive month as it hit 8.71 per cent in December thanks to the steady prices of most of the food items.

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

India has suggested that Bangladesh review the proposed import quota on several food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.

People have been producing molasses from nipa palm trees—popularly known as Gol Pata trees—for several years in different villages Kalapara upazila, including Nilganj, Nabipur, Mithaganj and Pakhimara.

The government is extending Tk 170 crore as incentive to boost cultivation and production of boro paddy.

Bangladesh Standards and Testing Institution (BSTI) has included 10 new products in the list which now need mandatory certification from the national standards body.

Aman paddy harvesting season has begun, but the general mass is struggling to buy rice as the price of the staple food is still high in the local market.

The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for a number of essential commodities in order to keep their prices at a tolerable level during Ramadan and ensure smooth supply.

The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.

A deal to free up vital grain exports from Ukraine's southern Black Sea ports - which had been due to expire on November 19 - was extended on Thursday for 120 days.

Bangladesh Bank today formed a Tk 5,000 crore refinance scheme to ensure food security in the country as the banking regulator thinks the world might face a food crisis in the days to come.

The Bangladesh Food Safety Authority (BFSA) has started issuing health certificates to facilitate export of food products from the country.

The jewellers have decided to increase gold prices by Tk 2,333 per bhori from tomorrow.

Bangladesh firm JMI Export Import Company Ltd has won a government contract to import 12,500 tonnes of sugar worth Tk 65.98 crore from Brazil and supply it to the Trading Corporation of Bangladesh.

Pradip Ranjan Chakraborty, former secretary of the planning commission, has been appointed as the new chairperson of Bangladesh Competition Commission (BCC).

Bangladesh has barely tapped its potential in the global market for agricultural and agro-processed products as the country does not have an international certification system, according to Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

A section of unscrupulous traders has been trying to make the basic commodity market unstable by creating a syndicate when the international prices of essentials went up, Commerce Minister Tipu Munshi said today.

Sugar prices increased in the local markets as millers could not refine raw sugar due to shortage of gas, Commerce Minister Tipu Munshi said today.

Income of people did not increase keeping pace with inflation in Bangladesh, Planning Minister MA Mannan said today.