Monday, 24 Mar, 2025

Business

BRAC Bank, Bengal Aitken Spence Travels Launch Sri Lanka’s First Medical Tourism in Bangladesh

BRAC Bank has partnered with Bengal Aitken Spence Travels Limited to introduce Sri Lanka’s premium healthcare services to Bangladeshi travellers, marking the launch of the first-ever Sri Lanka Medical Tourism Campaign in Bangladesh. This exclusive initiative offers BRAC

Gold price hits record high again in Bangladesh

Gold prices in Bangladesh have reached a new record, rising again within three days due to an increase in the price of raw gold in the local market. According to the Bangladesh Jewellers Association (BAJUS), the price of the best quality 22-carat gold has been increased by Tk 1,469 per

NBR reduces import duties on fresh fruits again

The National Board of Revenue (NBR) has once again lowered duties on imported fresh fruits to help stabilise domestic prices during Ramadan and beyond. In two separate notifications issued on Monday, the tax authority announced a 5 percent reduction in the supplementary duty (SD) on

Remittance inflow reaches $1.65 billion in 15 days

Bangladesh received $1.65 billion in remittance in the first 15 days of March, which amounts to Tk 20,370 crore, according to Bangladesh Bank data released on Sunday (March 16). On average, expatriates sent $110.41 million per day during this period.  According to the central

Banks cannot give dividends if defaults exceed 10%

Banks will not be allowed to distribute dividends if more than 10% of their total loans become defaulted, according to Bangladesh Bank. Additionally, banks cannot give dividends if they fail to pay penalty interest or fines imposed due to shortfalls in cash reserves or statutory

Bangladesh Bank halts fresh note exchange before Eid

The Bangladesh Bank (BB) has postponed the distribution of fresh currency notes to the public ahead of Eid-ul-Fitr. In a directive issued today, the central bank instructed all branches holding fresh notes to refrain from exchanging them and to keep them in reserve. Banks have been

Gold price surpasses Tk1.5 lakh per bhori again

Jewellers have raised gold prices by Tk3,557 to Tk1,51,900 per bhori (11.664 grams), citing an increase in the price of pure gold in the local market. The Bangladesh Jewellers Association (BAJUS) Standing Committee on Pricing and Price Monitoring made the decision at a meeting on

Markets plunge as Trump confirms tariffs on Canada, Mexico, China

US stock markets tumbled after President Donald Trump confirmed he would proceed with a 25% tariff on goods imported from Canada and Mexico, citing a failure to reach an agreement. The tariffs, long threatened, will take effect on Tuesday. Trump also announced an additional 10% tariff

Soybean oil supply to normalize in two days: Commerce Adviser

The supply of soybean oil will return to normal within the next two days, said Commerce Adviser Sheikh Bashiruddin. He made the remark while speaking to journalists on Monday (March 3) after visiting Mohammadpur Town Hall kitchen market to assess market conditions. Industries Ministry

Tesla shares plummet over 9% amid European sales decline

Tesla's shares tumbled more than 9% after the electric vehicle (EV) giant reported a sharp decline in sales across the European Union and the UK in January. The slump pushed Tesla’s market valuation below the $1 trillion mark for the first time since November 2024.

Gold prices spike to Tk1,54,525 per bhori

Gold prices in Bangladesh have set a new record, with 22-carat gold increased by Tk3,243 to Tk1,54,525 per bhori (11.664 grams). The Bangladesh Jeweller’s Association (BAJUS) Standing Committee on Pricing and Price Monitoring announced the revised rates after a meeting on

Gold prices hit historic high in Bangladesh

Gold prices in Bangladesh have hit a new record, with 22-carat gold increasing by Tk1,470 to Tk1,51,282 per bhori (11.664 grams), marking the highest price ever recorded in the country. The Bangladesh Jeweller’s Association (BAJUS) announced the price adjustment on Monday after a

$131.22M remittances received in 15 days of February

Bangladesh has received a total of $131.22 million in remittances in the first 15 days of February averaging around $8.74 million per day. The information was published by Bangladesh Bank (BB) on Sunday (February 16). According to BB report, remittance inflows in January averaged

Honda, Nissan end merger talks, but continue EV collaboration

Japan’s second and third-largest automakers, Honda and Nissan, have decided to end merger discussions, despite reaffirming their commitment to working together on electric vehicle (EV) development amid growing global competition. In a joint statement on Thursday, the companies

Probe report submission in BB reserve heist case on April 17

A Dhaka court today set April 17 for the submission of a probe report in the case regarding the 2016 Bangladesh Bank (BB) reserve heist.  Dhaka Additional Chief Metropolitan Magistrate Ziadur Rahman set the date as the investigation agency Criminal Investigation Department (CID)

Mostafa Quamrus Sobhan elected as chairman of Rupali insurance ltd

The Board of Directors of Rupali Insurance Company Limited has elected Mr. Mostafa Quamrus Sobhan as the new Chairman of the Company at its 212th Board Meeting, following the passing of former Chairman Mr. Mostafa Golam Quddus. Mr. Mostafa Quamrus Sobhan, a distinguished industrialist

Gold price rises again, nears tk 1.5 lakh per bhori

The price of high-quality (22-carat) gold has increased by Tk 1,994 per bhori, reaching Tk 1,49,812 in the local market today.  The price is now close to Tk 1.5 lakh per bhori. Bangladesh Jewellers Association (BAJUS) announced the new price through a press released on on

Bangladesh, Egypt to launch business forum to boost trade

Bangladesh and Egypt have agreed to create a business forum aimed at enhancing trade and commerce ties by fostering greater private sector engagement.  This decision was made during the second Bilateral Foreign Office Consultations (FOC) held at Egypt’s Ministry of Foreign

Govt battles financial strain but remains committed: Economic adviser

Responsibility inevitably comes with pressure, but it also brings a sense of fulfillment, along with occasional mistakes and setbacks. Despite these challenges, we continue to navigate our duties, especially during this critical period for the nation. Our primary focus is on mitigating

Gold price hits record high in Bangladesh market

The price of gold in Bangladesh has reached a new record as the Bangladesh Jewellers Association (BAJUS) announced another price hike due to rising acid gold (pure gold) prices in the local market. According to BAJUS, the price of 22-carat gold per bhori (11.664 grams) has been