Sukanta Halder

Idra is yet to set up the Life Policyholders Protection Fund although more than a decade has passed

TCB trucks are currently found in 30 spots across Dhaka, with each capable of serving 300 people

price of each egg at farm level has fallen by between Tk 3 to Tk 3.5 in one month

Food inflation at 12.56 percent in October this year is the highest in a decade

Enterprises running small-scale operations in Bangladesh are suffering from a significant fall in sales at a time when inflationary pressure has pushed up production costs

The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged.

Mohammad Alauddin, who drives a CNG-run three-wheeler on hire for a living, had waited to no avail for passengers at Pallabi of Dhaka yesterday during the usual peak hours from 10:00am to 12:27pm.

The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged. The transport blockade, set to enter its fifth phase on Wednesday, aims at forcing the current government to step down and pave the way for holding the next parliamentary election under a non-partisan interim government.

Payments against claims of around 10 lakh policyholders are hanging in the balance as 29 life insurance companies are not clearing dues owing to a liquidity crisis, official figures showed.

Sugar prices have gone up in Bangladesh in the past one week owing to its spike in the global markets and higher US dollar costs and supply crunch at home.

The demand for jewellery has plummeted in Bangladesh due to the record high prices of gold, ongoing political uncertainty and rising living costs, according to market players.

The tourism industry of Bangladesh has been hit hard by the ongoing political unrest as people are unwilling to travel for fear of violence amid strikes and blockades across the country, according to businesspeople.

More than a dozen life insurance companies settled only 14.09 percent of the 24,605 complaints they received in the first 10 months this year, creating uncertainty about whether policyholders will get back their money, official figures showed.

The government’s measures to reign in potato prices may be beneficial in the short-run, but it will not leave any lasting impact on the market, according to Mostafa Azad Chowdhury Babu, president of the Bangladesh Cold Storage Association.

A three-day blockade enforced by major opposition parties and protests of garment workers disrupted the supply chain of daily essentials and sent the cost of transport higher, according to industry people and traders.

Prices of potatoes and onions have skyrocketed in the kitchen markets.

Onion prices at wholesale and retail markets in Bangladesh rose yesterday after India set a minimum price of $800 per tonne on exports of the bulb.

Shopping centres, fashion houses and other retail outlets in Dhaka found a reason to smile on the occasion of Durga Puja, the biggest annual festival for the Hindu community which begins today, with traders saying sales had exceeded expectations.

Bangladesh is rapidly emerging as a dependable source of leather goods and footwear for many foreign buyers owing to low prices and good quality, according to industry people.

The government failed to enforce the price cap on onions and potatoes even for a single day since it issued the order about a month ago.