After Bangladesh Bank (BB) determined the dollar price to Tk 117 on May 8, Dhaka witnessed a dollar crisis in the open market. However, after visiting several money exchange merchants in the capital, it was seen that many stopped selling dollars. On Thursday (May 9), at Baitul

The International Monetary Fund (IMF) has agreed to provide $1.15 billion to Bangladesh in the third instalment under its multi-billion-dollar loan programme. The IMF staff and the Bangladesh authorities have reached a staff-level agreement on the policies needed to complete the second

Jewellers have increased the price of gold by Tk 4,502, raising it to Tk 1,15,450 per bhori in the Bangladeshi market. The decision was made by the standing committee on pricing and price monitoring of the Bangladesh Jewellers' Association (BAJUS) during a meeting held on Tuesday.

Bangladesh-Malaysia Chamber of Commerce and Industry Director Mahbub Alam Shah briefed MICCI officials on potentials of Bangladesh. He said there are 5,000 businesses or company members in the bilateral Chamber and that Bangladesh, imports more than it exports to Malaysia.  He

Bangladesh Jeweller’s Association (BAJUS) announced a hike in the price of gold for the second consecutive day on Sunday by Tk735 to Tk1,10,948 per bhori.  The new price would be effective from Monday. BAJUS on Saturday, had raised the price of top quality (22-carat) gold

Jewellers have urged consumers to be aware of purchasing gold from online platforms to avoid becoming a victim of fraud. “Some online platforms are trying to sell gold, presenting a risk of fraud. Traditional businessmen should prioritise integrity to earn the trust of

Jewellers have inflated the price of gold by Tk 1,050 to Tk 1,10,213 per bhori in the Bangladeshi market. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) came up with the decision at a meeting on Saturday. The price of

The Indian government today (May 4) lifted the ban on onion export, a move that will bring huge relief to traders in Maharashtra.  This also comes just before the next phases of Lok Sabha election, particularly in the onion belts in Maharashtra. In a notification, the Director

Jewellers have expressed optimism over the export potential of locally manufactured gold bars to contribute more to the foreign exchange reserves. The observation came from local gold businesses during view exchange meetings held in Barishal, Chandpur, Naogaon, Joypurhat, and

"Exports and imports to and from Israel have been suspended," the trade ministry said in a statement, adding: "Turkey will apply these new measures... until the Israeli government authorises an uninterrupted flow of humanitarian aid to Gaza." Israeli Foreign

The price of high-quality precious yellow metal dropped by Tk 1,878 per bhori on Thursday (May 2) afternoon. Good quality gold of 22-carat stood at Tk 1,09, 163 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The standing committee on

Bangladesh has huge potential in exporting gold ornaments as the country is getting its first gold refinery to boost the industry, according to local entrepreneurs in the sector. “Under the leadership of BAJUS President Sayem Sobhan Anvir, the gold businesses are working together

Despite a persistent 13-hour drive, a specialized team from the National Board of Revenue (NBR) could not retrieve the Tk50 crore evaded in taxes by BRAC Bank. A team of 14 members led by two deputy commissioners of Tax Zone-15 started the 13-hour drive at Gulshan-1 branch of BRAC Bank

Prices of fuel oils have been increased as the government has fixed the prices of fuel for the third time in line with the world market. According to a government notification issued on Tuesday, prices of diesel and kerosene increased by Tk1 per litre, and the prices of octane and

Bashundhara Group, the country's largest business conglomerate, today (April 30) greeted The Premier Bank’s newly appointed managing director (MD) and chief executive officer (CEO) Mohammad Abu Jafar. On behalf of the top brass, Bashundhara Group’s sector- B chief

Jewellers revised the tariff of gold for the twelfth time in April as the price of the high-quality precious yellow metal dropped again by Tk 420 per bhori on Tuesday afternoon. Good quality gold of 22-carat stood at Tk 1,11,041 per bhori (11.664 grams) due to a reduction in the price

Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war in the world's largest car market. The firm said it made $630m (£502m) in the first three months of the year, more than 47% lower than the previous quarter.

Amidst ferocious heat wave in the country, road surfaces have melted in several districts as most highways were constructed with traditional bitumen, which cannot withstand the extreme heat, according to experts. They also suggest using polymer modified bitumen (PMB) to protect the

Jewellers have revised the tariff of gold for the eleventh time in April as the price of the high-quality precious yellow metal dropped again by Tk1,155 per bhori on Monday afternoon. Good quality gold of 22-carat stood at Tk 1,11,461 per bhori (11.664 grams) due to a reduction in the

Dubai has started work on a $35bn airport terminal that is set to have the world’s largest capacity upon completion, the emirate’s ruler has said. Dubai’s Prime Minister and Vice President Sheikh Mohammed bin Rashid Al Maktoum said on Sunday that the new terminal