Ceramic producers aim for $12m sanitaryware export in 5 years
But rising gas prices leading to production stoppages and higher production costs are holding back the industry
Source: tbsnews.net
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From consumer goods to tech: Inflation bites into corporate sales
Businesses also express uncertainty regarding a swift recovery, pointing to the existing challenging economic conditions in Bangladesh and the country’s vulnerability to adverse effects from global economic and geopolitical developments
Source: tbsnews.net
Gas crisis leaves households, industry on edge
The gas supply now is the lowest since April 2020, shows data from Petrobangla -- in a development that informs the acute crisis plaguing the industrial sector as well as households.
Source: thedailystar.net
Political unrest adds to war-induced slowdown in trade
The Bangladesh economy, facing persistent pressure for over three years due to the Covid-19 pandemic and the Russia-Ukraine war, has encountered a new wave of challenges. The combination of these global events led to a dramatic rise in commodity prices and a 35% devaluation of the taka.
Source: tbsnews.net
Tk 111 a dollar for import remains only on paper
Earlier this month, the edible oil refiners’ association wrote to the Bangladesh Trade and Tariff Commission seeking to increase prices of cooking oil.
Source: thedailystar.net