Saturday, 20 July, 2019, 12:33 AM
Mizanur Rahman
Staff Correspondent
Serving the Daily Observer  since March ’2014.



Mizanur Rahman
Prices of onion, garlic, ginger, chili go upPrices of onion, garlic, ginger and green chili have seen a further increase in kitchen markets ahead of the holy Eid-ul-Azha.The Eid-ul-Azha, the second biggest religious festival for the Muslims, will be celebrated on August 12 subject to appearance of moon. Buyers complained that due to lack of monitoring prices of essential commodities have gone ...
Mizanur Rahman
ECNEC to approve massive rural dev project today The government has decided to develop new infrastructure in rural area across the country implementing schemes like "My Village My Town" along with new road and bridges connectivity and massive digital transformation of the rural society.  For that the Local Government Rural Division (LGRD) Ministry has taken a development project for 67 Upazilas in 13 ...
Mizanur Rahman
Kitchen market continues upswing as floods hitThe prices of essentials in the kitchen market showed significantly upward on Saturday while beef and fish prices were unchanged on the high side. Vegetables sold at higher rates as vendors blamed rainy weather and short supply.The flood situation is worsening and merchants in the city market fear prices may further rise with the rise ...
Causes Remain Unknown
Mizanur Rahman
Onion price doubled in a weekThe price of onion - one of the politically sensitive daily essentials generally used in huge quantity during Eid-ul-Azha - has more than doubled in the city's kitchen market and elsewhere in the country as the the Muslim festival is knocking the door.Local onion sold in the market at Tk 60 per kg as against ...
Mizanur Rahman
Cost of post office rehab project rises four timesIn a sudden move the government has decided to increase the cost of a project for post office rehabilitation and renovation by at least four times. The initial cost of the project was estimated at Tk 48 crore but the telecommunication ministry recently sent the renewed project proposal to the planning commission for approval at ...
Mizanur Rahman
Measures taken to discourage sales of saving certificatesThe Finance Ministry has taken several restrictive measures on buying saving certificates from July 1. It aims at reducing buying of high yielding interest saving certificates and to reduce debt burden on the government in the current fiscal 2019-20, official sources said. These measures include an increase in tax on interest from saving certificates. It ...
Mizanur Rahman
Cattle traders on move as Eid-ul-Azha approachesCattle farmers (Khamari) are passing busy time ahead of the Eid-ul-Azha across the country fattening animals and planning how and where to sell their possession to traders. Traders are on move to cash on brisk business as Eid-ul-Azha, the feast of sacrifice is coming closer. Particularly farmers have made lot of investment and put labor ...
Mizanur Rahman
Expenses for export competitiveness project to be raised by Tk 71crThe government has decided to raise expenditure for the "Export Competitiveness for Jobs" project by Tk 71 crore to Tk 1012 crore. The raising has been imperative to include more initiatives, officials of the Planning Commission said.Commerce ministry will implement the project from July 2017 to June 2023, the officials told The Daily Observer.They said ...
Spice Market Turns Volatile
Mizanur Rahman
Prices of sugar, palm oil up following budgetThe kitchen market reported sharp rise in prices of almost all imported consumers items in the wake of new import duty on them in the budget for 2019-20. Surprisingly prices of ginger and garlic have almost doubled over the past 15 days in the market. A high level meeting at commerce ministry on last Tuesday ...
National Saving Certificates
Mizanur Rahman
Govt to withdraw 5 per cent additional tax on interestThe government has decided to withdraw 5 per cent tax at source on income from national savings certificate as proposed in the budget for the 2019-20, Finance Ministry sources said on Wednesday.Besides this, the transaction of national saving certificates will come under an automated system through online from July 1, they said. Those who have ...
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