Category: Economic

How India is gaining a foothold in the French fry business

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Desk Report, How India is gaining a foothold in the French fry business French fries or potato fries are quite popular among fast food at home and abroad. The main raw material of these french fries is potatoes. India is the second largest potato producer in the world. Over the past two decades, the country has become a major force in the export of french fries. Especially the state of Gujarat is now called the French fries capital of India. How India is gaining a foothold in the French fry…

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Expatriate income inflows increased by 7.7% in the first 16 days of July

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Desk Report, Expatriate income inflows increased by 7.7% in the first 16 days of July The flow of income into the country through legal channels is increasing. The rate of expatriate income in the first 16 days of this July has also increased by 7.70 percent. This has been reported by Bangladesh Bank sources. Expatriate income inflows increased by 7.7% in the first 16 days of July According to the central bank, expatriate income of 1.421 billion US dollars was received from July 1-16. Expatriate income of 1.319 billion US…

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Customs ‘shutdown’ program, Chittagong Port heading towards deadlock

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Desk Report, Customs ‘shutdown’ program, Chittagong Port heading towards deadlock On the first day of the ‘shutdown‘ program of customs officers and employees, import and export activities through Chittagong Port have gradually stopped. After this program started from 6 am today, Saturday, the unloading of goods from the port has almost stopped. Customs clearance of import and export goods has also stopped. Customs ‘shutdown’ program, Chittagong Port heading towards deadlock However, until now, the loading and unloading of containers from ships is still ongoing. This is because the registration of…

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Why did defaulted loans double in 9 months?

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Desk Report, Why did defaulted loans double in 9 months? After the fall of the Awami League government, the defaulted loans of the banking sector have increased dramatically. The defaulted loans also increased during the term of the ousted Awami League government. Various strategies were then adopted to make the defaulted loans appear low. Before each election, a special system was provided to regularize the defaulted loans. Why did defaulted loans double in 9 months?   In addition, there was a special system in case of any domestic or global…

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Law amendment needed to provide relief to consumers: Trade Advisor

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Desk Report, Law amendment needed to provide relief to consumers: Trade Advisor Commerce Advisor Sheikh Bashiruddin has said that necessary amendments to the law and steps should be taken to increase administrative capacity to provide more relief to consumers. He also said, “We need to build our institutions properly. If the institutions are built properly and their capacity is increased, the miscreants in this sector will be forced to retreat.” Law amendment needed to provide relief to consumers: Trade Advisor The Commerce Advisor said this as the chief guest at…

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Budget of hope has turned into a budget of disappointment: Debapriya Bhattacharya

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Desk Report, Budget of hope has turned into a budget of disappointment: Debapriya Bhattacharya CPD Honorary Fellow Debapriya Bhattacharya budget-of-hope speaks at a discussion meeting on the Citizen Platform’s budget Photo Prothom Alo budget-of-hope Debapriya Bhattacharya, Honorary Fellow of the non-governmental research organization Center for Policy Dialogue (CPD), said that there were many expectations about the budget for the 2025-26 fiscal year. But the budget of expectations has turned into a budget of disappointment. Budget of hope has turned into a budget of disappointment: Debapriya Bhattacharya Debapriya Bhattacharya said that…

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Illegal structures are being demolished by demolishing the Jhaubagan on Cox’s Bazar beach, says the Forest Department

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Desk Report, Illegal structures are being demolished by demolishing the Jhaubagan on Cox’s Bazar beach, says the Forest Department The trees of the grove created on the beach on the west Illegal structures side of the Cox’s Bazar-Teknaf Marine Drive road have been cut down to build houses and shops. Baharchhara area of ​​Teknaf. Recently photographed by Prothom Alo Rows of groves can be seen at least 60 kilometers west of the Cox’s Bazar-Teknaf Marine Drive. Although the government spent crores of taka to create groves in the interest of…

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Demand to waive 15% VAT on low-priced sandals

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Desk Report, Demand to waive 15% VAT on low-priced sandals Small shoe manufacturers have demanded the withdrawal of the existing 15 percent VAT on plastic and rubber flip-flops (sandals) and shoes priced up to Tk 150. They say that the VAT, which was introduced from the current fiscal year, is increasing the price of these inexpensive shoes for low-income people. Demand to waive 15% VAT on low-priced sandals Shoe manufacturers allege that the imposition of VAT on plastic flip-flops and sandals priced up to Tk 150 is causing small factories…

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We are monitoring the Iran-Israel war, but fuel prices should not increase now: Financial advisor

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Desk Report, We are monitoring the Iran-Israel war, but fuel prices should not increase now: Financial advisor The decision to increase fuel prices will have to wait longer, as there is no increase in prices now, said Finance Advisor Salehuddin Ahmed. The Finance Advisor said, ‘We are currently monitoring the Iran-Israel war. If the war continues for a long time, it will have an impact on us.’ The Finance Advisor said this in response to questions from journalists after the meeting of the Advisory Council Committee on Government Procurement at…

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Initiative to train 900,000 youth to become skilled

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Desk Report, Initiative to train 900,000 youth to become skilled The Department of Youth Development has started the work of including a total of 900,000 youth, including 500,000 young women among the youth who are not in employment or training, in economic and social activities by 2028. These trained youth will contribute to the country’s economic transformation and growth Initiative. The Project Director of the Department of Youth Development said that the Earn project will enhance the skills of youth in work-oriented, suitable and environmentally friendly sectors, create long-term employment,…

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