Business

The wholesale and retail prices of vegetables and fish have shot up in Khulna right after Eid celebrations, due to inadequate supply — creating a burden for those belonging to the lower-income group. While customers say there is adequate supply, traders claim there is a shortage of vegetables and fish …

Most shares fell on the Dhaka Stock Exchange today amid persisting uncertainty over the local and global economy and high inflationary pressure. The DSEX Index, the key index of the premier exchange of Bangladesh, stood at 6,342 at 12:12pm, giving up 17.48 points or 0.27 per cent. For all latest …

Energypac Power Venture Thakurgaon Ltd, a subsidiary of Energypac Power Generation Ltd (EPGL), has started the commercial operation of its heavy fuel oil-based 115-megawatt independent power plant in Thakurgaon. The initial agreement of the company with the Bangladesh Power Development Board is 15 years, said the parent company in a …

Sri Lanka should stamp out corruption and substantially raise taxes to rescue its economy, the International Monetary Fund said Thursday after bailout talks with the bankrupt island nation. Representatives from the global lender of last resort have just concluded a 10-day visit to the capital Colombo to map out a …

China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict Covid lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National …

A national budget of Tk 6,78,064 crore for fiscal year 2022-23 was passed in parliament yesterday. Finance Minister AHM Mustafa Kamal placed the budget before the parliament on June 9. It was unanimously passed by voice vote. For all latest news, follow The Daily Star’s Google News channel. The local …

I had just come out of a meeting with my friend who is a prominent banker and this very interesting conversation ensued when I told him that I am keen to help family businesses in Bangladesh with my knowledge and experience. To my utter wonder, he shared a few interesting …

Bangladesh has enough cattle to meet the demand during the coming Eid-ul-Azha but buyers are likely to face higher prices for sacrificial animals. Farmers say soaring prices of feed have increased the cattle rearing cost and they have no scope but to ask for higher prices. For all latest news, …

French inflation accelerated to its highest level since at least 1991 in June, official data showed Thursday, as food and energy costs have surged since Russia’s invasion of Ukraine. Consumer prices jumped 5.8 per cent compared to the same month last year, with energy soaring 33.1 per cent and food …