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Business

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Rajshahi Authorities Confirm Ample Urea Fertilizer Stock
Business

Rajshahi Authorities Confirm Ample Urea Fertilizer Stock

Rajshahi officials have confirmed that the district holds sufficient urea fertilizer stocks and warned against creating artificial crises. Authorities have also stepped up monitoring, recovering thousands of sacks and collecting fines for irregularities.

US-Canada Trade War Escalates As Tariffs Spark Retaliation
Business

US-Canada Trade War Escalates As Tariffs Spark Retaliation

A major trade war has erupted between the United States and Canada following sweeping new tariff actions from Washington and Ottawa. The breakdown in diplomatic and economic talks has sent shockwaves across both nations, directly impacting workers and businesses.

Private power plants demand dues to boost oil-based generation
Business

Private power plants demand dues to boost oil-based generation

Private plant owners have set a condition to clear outstanding bills before increasing oil-based electricity production to tackle gas shortages in Bangladesh. The Bangladesh Power Development Board (PDB) currently faces about 10 billion taka in arrears to independent producers.

Bangladesh Bank Directs Sammilita Islami Bank on Withdrawals
Business

Bangladesh Bank Directs Sammilita Islami Bank on Withdrawals

Bangladesh Bank has instructed Sammilita Islami Bank PLC to allow individual depositors to withdraw funds starting September 1. The central bank also ordered the institution to clarify that there will be no reduction, or haircut, applied to depositors' profits.

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