Category: Economic

Rice prices in the world market are at their lowest in eight years, rising in the domestic market

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Desk Report, Rice prices in the world market are at their lowest in eight years, rising in the domestic market The price of rice in the world market has fallen to its lowest level in eight years, a major blow to many farmers in Asia. Record production and the lifting of India’s export ban have increased supply in the market. This has led to a decline in rice prices. Rice prices in the world market are at their lowest in eight years, rising in the domestic market Thailand’s export price…

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MTB, Seba Pay and MasterCard launch first SME prepaid card in the country

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Desk Report, MTB, Seba Pay and MasterCard launch first SME prepaid card in the country Mutual Trust Bank PLC (MTB), Sheba Pay and MasterCard have launched the country’s first prepaid card for small and medium enterprises (SMEs). The card was launched at a hotel in Gulshan on Sunday. MTB, Seba Pay and MasterCard launch first SME prepaid card in the country The card, called the ‘Companion Prepaid Card’, has been specially designed for SME retailers transacting on Sheba Pay’s business-to-business (B2B) platform. The card offers various benefits including business transactions…

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Big crash in Indian stock market, impact of Trump’s tariffs

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Desk Report, Big crash in Indian stock market, impact of Trump’s tariffs The Indian stock market has faced a big fall at the end of the week. Both the Sensex and Nifty 50 indices fell sharply on Friday. Along with another index, the Bank Nifty. All three indices fell by about 1 percent yesterday. Big crash in Indian stock market, impact of Trump’s tariffs At the end of the day yesterday, the Sensex index stood at 79,857.79 (-765.47), the Nifty 50 index at 24,363.30 (-232.85) and the Bank Nifty at…

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How much revenue does the United States receive from tariffs, and what happens to that money?

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Desk Report, How much revenue does the United States receive from tariffs, and what happens to that money? There is not a day that President Donald Trump doesn’t boast that the US government is collecting record amounts of revenue since he raised tariffs on almost all types of imported goods. How much revenue does the United States receive from tariffs, and what happens to that money? A lot of money is coming in – never before in the history of the country, Trump said this in reference to tariff revenue…

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EBL launches two credit cards in partnership with MasterCard and Peekaboo

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Desk Report, EBL launches two credit cards in partnership with MasterCard and Peekaboo Keeping in mind the lifestyle needs of its customers, Eastern Bank has launched two new co-branded credit cards with MasterCard and e-commerce platform Picaboo. The two cards, named EBL Picaboo MasterCard Titanium Credit Card and EBL Picaboo MasterCard World Credit Card, were recently launched at a function organized at EBL’s head office in Dhaka. This information was given in a press release by EBL. EBL launches two credit cards in partnership with MasterCard and Peekaboo According to…

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Major US brands including Walmart, Amazon, Target and Gap suspend clothing orders placed in India

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Desk Report, Major US brands including Walmart, Amazon, Target and Gap suspend clothing orders placed in India After the imposition of 50 percent duty on Indian products, major US retailers including Walmart, Amazon, Target and Gap have started suspending orders for ready-made garments placed by Indian suppliers. Major US brands including Walmart, Amazon, Target and Gap suspend clothing orders placed in India This was reported in an NDTV news report. It said that after imposing a 25 percent counter-tariff, the US administration imposed an additional 25 percent duty on Indian…

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Metrorail’s revenue is not enough to cover loan installments

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Desk Report, Metrorail’s revenue is not enough to cover loan installments Dhaka’s metro rail is now crowded with passengers. Especially during the busy office hours and holidays, many are unable to board the metro rail on the first attempt. Even then, the income generated by the metro rail from passenger fares cannot be used to repay the loan. Metrorail’s revenue is not enough to cover loan installments This idea has been found by analyzing the current income stream of the metro rail and the amount of loan installments. Metro rail…

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Gold prices fall slightly in global markets, impact of profit-taking

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Desk Report, Gold prices fall slightly in global markets, impact of profit-taking The price of gold in the global market fell slightly on Monday. The price of gold had increased significantly in last week’s trading. This increased the tendency of investors to take profits. In this context, the price of gold in the spot market fell slightly yesterday. Gold prices fall slightly in global markets, impact of profit-taking On the other hand, the increase in interest rates on Treasury bonds in the United States also played a role in the…

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Onion prices have increased by 15-20 taka per kg, egg prices remain high

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Desk Report, Onion prices have increased by 15-20 taka per kg, egg prices remain high The crowd of buyers in the capital’s market is noticeable today on a holiday. Traders also say that both the number of buyers and sales are good today. However, the market has seen an increase in the supply of onions and ginger. The price of eggs is still 10 taka higher per dozen for all types of eggs like last week. The price of broiler and golden chicken has not decreased. Onion prices have increased…

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Why promotion policies were made for 14 institutions including Sonali and Janata

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Desk Report, Why promotion policies were made for 14 institutions including Sonali and Janata The Financial Institutions Division of the Ministry of Finance issued two promotion policies on Monday. One is the ‘Employee Promotion Policy of State-Owned Commercial Banks-2025’, and the other is the ‘Employee Promotion Policy of State-Owned Specialized Banks and Financial Institutions-2025.’ Why promotion policies were made for 14 institutions including Sonali and Janata The initiative to make both policies was taken during the tenure of the former Awami League government. The Financial Institutions Division formed two committees…

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