Falling export of jute and jute goods is now having an effect on jute growers as prices of the natural fibre have fallen during the current harvesting season. Cultivated as a cash crop, raw jute is fetching farmers at best Tk 2,700 per maund (around 37 kilogrammes) at local haats (market) of Faridpur, Pabna and some […]
Read MoreOne of the development projects undertaken on Chinese loans has been completed while eight others are being implemented in full swing following a prolonged hiatus for the pandemic, said relevant officials and Economic Relations Division (ERD). A memorandum of understanding titled “Strengthening investment and production capacity cooperation”, comprising 27 projects and a cost of $20 […]
Read MoreTextile and garment behemoths in Bangladesh have started ploughing their surplus wealth into new sectors in order to tap the potential in an economy that is growing at a healthy clip and consumers’ purchasing power is rising. Immensely successful garment and textile millers have expanded into sectors such as electricity generation, real estate, agriculture, dairy, […]
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