Saturday, 27 Jul, 2024

Business

BB lends Tk25,000cr to banks in a day

The Bangladesh Bank (BB) has provided Tk25,520 crore to the country’s financial institutions mostly as short-term loans to help them meet depositors’ cash demand which surged following a five-day countrywide closure. The central bank disclosed the liquidity injection data

BAJUS set to celebrate 59th founding anniversary on July 19

Bangladesh Jeweller’s Association (BAJUS) is set to celebrate its 59th founding anniversary on July 19. BAJUS, the country's largest and most renowned jewellery trade organisation, has pioneered promoting and nurturing the jewellery industry since its establishment. The

Testimony recording starts in Tk227cr compensation case against Robi

Mahtab Uddin Ahmed, former managing director and chief executive officer (CEO) of telecom operator Robi, on Sunday provided the first testimony in the Tk227 crore compensation suit he filed against his former workplace in 2022. The testimony recording in the case started with the

Gold price makes history in Bangladesh

Jewellers have inflated the gold price by Tk1, 190 to Tk1, 20,081 per bhori on the market in Bangladesh. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting on Sunday (July 14). The price of

Bashundhara Cement holds business conference

Bashundhara Cement held a business conference on Saturday. KM Zahid Uddin, deputy managing director of cement sector at Bashundhara Group, was present as the chief guest at the conference, read a press release. Local distributor, Arafat Trading organised the programme at the Red

PM confers National Export Trophy on 77 exporters

Prime Minister Sheikh Hasina today handed over the National Export Trophy to 77 top exporters for the fiscal year of 2021-22 to encourage and create competition in increasing export earnings. She conferred the trophy in 32 categories for outstanding contributions to the country's

Bangladesh delegation visits Kolkata Port

A 13-member delegation from Bangladesh came on a four-day visit to Syama Prasad Mookerjee Port (SMP) in Kolkata between Tuesday and Friday to explore possibilities of transshipment of Bangladesh’s EXIM (export-import) cargo through Indian ports located on the country’s east

Govt to award 77 exporters with National Export Trophy Sunday

The government will award 77 exporters with the National Export Trophy tomorrow for their outstanding performance in the country's export earnings for the fiscal year of 2021-22. The award will be given to those who brought the highest amount of export proceeds in the country.

Special mango-cattle train earns Tk1.20 lakh

West Zone of Bangladesh Railway has earned revenues worth around Tk 1.20 lakh through operating special mango and cattle trains between Chapainawabganj and Dhaka via Rajshahi this year. Nurul Alam, Additional Commercial Officer of the zone, said the special trains earned the revenues

BAJUS asks for reform of gold dealing licences

Leaders of the Bangladesh Jeweller’s Association (BAJUS) have urged the government to reform the existing regulations on “gold dealing licence,” and asked authorities to introduce a transparent licence procurement process for allowing the industry to flourish.

Jomoo Launches Luxury Bathware at Barobi Design

Barobi Design, the exclusive distributor of luxury and innovation in bathware, proudly hosted the launch of Jomoo's latest collection of intelligent and luxury bathware solutions at their flagship store in Banani.  This launch event, which drew industry leaders, designers, and

BAJUS to train 8,000 jewelers on modern skills

The government has undertaken a World Bank-funded initiative to train eight thousand jewelers working under the auspices of the Bangladesh Jeweler’s Association (BAJUS). The training programme was inaugurated at a hotel in Cox’s Bazar on Wednesday.  Technical and

Hotel Le Meridian owner Amin Ahmad sent to jail

A Dhaka court today (July 10)  sent to jail Amin Ahmed, owner of hotel Le Meridian, in a tax evasion case filed by the Anti-Corruption Commission (ACC). Dhaka Metropolitan Sessions Judge Ash Shams Jaglul Hossain passed the order denying Amin bail following his surrender to the

Nepal to export hydroelectricity to Bangladesh

Nepal is on the verge of exporting 40 MW of hydroelectricity to Bangladesh within a month, a historic move that will see the Himalayan nation selling power beyond India for the first time. The Bangladesh Power Development Board (BPDB) has formally reached out to the Nepal Electricity

Kitchen, Bath & Living Expo 2024 to kick off on 18 July at ICCB

WEM Bangladesh is set to organise a three-day exhibition of new products and latest technologies in kitchen, bath, and living appliances from 18 July at the International Convention City Bashundhara (ICCB). “Industries Minister Nurul Majid Humayun will inaugurate the exhibition

More than three million travellers pass through US security, a record

More than three million people passed through United States airport security on Sunday, the first time that number of passengers have been screened in a single day as travel surges, according to the US Transportation Security Administration (TSA). The record, which was widely predicted

Gold price rises by Tk 1,610 per bhori

Jewellers have inflated the gold price by Tk1610 to Tk1,18,891 per bhori on the market in Bangladesh. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting on Sunday. The price of 22-carat gold is

Bashundhara Cement to be used for Sasec-2, Wecare and STRIP Project

Bashundhara Cement, a concern of the country’s largest business conglomerate Bashundhara Group, signed an agreement with esteemed construction company Abdul Monem Ltd. to supply exclusively Bashundhara Cement for the construction of Sasec-2, Wecare and STRIP project. Deputy

Jewellers want cut in ‘extra’ duty on gold business

Jewellers have urged the government to reduce the “extra duty” levied on gold businesses to help the industry flourish. “The main challenge for the jewellery sector is smuggling, which is driven by high import duties on jewellery products. The sector can flourish with

Premier Bank holds half yearly business conference 2024

The Half-Yearly Business Conference-2024 of the Premier Bank PLC. was held today at Renaissance Dhaka Gulshan Hotel.  Heroic Freedom Fighter Dr. H.B.M. Iqbal, Honorable Chairman, Board of Directors of The Premier Bank PLC. graced the occasion as Chief Guest. Managing Director