Saturday, 26 Apr, 2025

Business

Bangladesh-Japan economic dialogue held in Tokyo

The 6th Bangladesh-Japan Public-Private Economic Dialogue (PPED) was held at the Ministry of Economy, Trade and Industry (METI) auditorium in Tokyo on Wednesday (April 23). The Bangladesh delegation was led by M Siraz Uddin Mia, Principal Secretary to the Prime Minister’s

Gold price cut by Tk5,342 after record high

The price of 22-carat gold dropped by Tk5,342 per bhori on Wednesday, just a day after reaching a historic high of Tk1,72,546. The Bangladesh Jeweller’s Association (BAJUS) made the announcement in a press release, stating that the new rate would come into effectfrom this

IMF cuts global growth forecast due to tariff impact

The International Monetary Fund (IMF) has downgraded its US economic growth projection for this year, marking the largest cut among advanced economies, due to the uncertainty surrounding trade tariffs.  The new forecast for the US stands at 1.8%, down from an earlier estimate of

Gold price hits new record at Tk 177,888

The price of gold in Bangladesh has hit a new record, as the Bangladesh Jewellers’ Association (BAJUS) announced an increase of Tk 5,342 per bhori (11.664 grams) for 22-carat gold.  The new rate is set at Tk 177,888 per bhori, effective from Wednesday (April 23). BAJUS

US stocks-dollar plunge as Trump renews attacks on Fed Chair Powell

US stocks and the dollar took a sharp downturn as President Donald Trump ramped up his verbal attacks on Federal Reserve Chairman Jerome Powell, calling him "a major loser" for his reluctance to lower interest rates. In a social media post, Trump urged Powell to take

China warns nations against 'appeasing' US in trade deals

China has warned countries against appeasing the US in trade talks over President Donald Trump's tariffs. A Chinese commerce ministry spokesperson made the comments in response to reports that Washington plans to put pressure on governments to restrict trade with Beijing in

Gold reaches all-time high at Tk1.67 lakh per bhori

Gold prices in Bangladesh have reached a new all-time high. The price of 22-carat gold has increased by Tk2,624, now standing at Tk1,67,833 per bhori (11.664 grams), according to the Bangladesh Jeweller’s Association (BAJUS). This hike comes just three days after gold hit a

Gold hits record high amid growing trade war concerns

Gold prices surged to a new record, driven by growing anxiety surrounding the US-China trade conflict. Spot gold reached $3,357.40 (£2,540) per ounce on Wednesday, briefly hitting its highest point before retracting. Since the beginning of the year, the price of gold has climbed

Gold prices reach new record in Bangladesh

The Bangladesh Jewellers Association (BAJUS) has announced an increase in gold prices, setting a new record in the country.  According to BAJUS new price list, the price of 22-carat gold has risen by Tk3,033, bringing the cost to Tk1,65,209 per bhori (11.664 grams).  This

Rice prices to curve within two weeks, hopes Commerce Adviser

The government today (April 15) hoped that rice prices will curve and become more affordable within the next two weeks. Commerce Adviser SK Bashir Uddin expressed his hope after a meeting held to review the overall situation regarding the import and supply of edible oil and other

China’s Xi to visit Vietnam, kick off Southeast Asia tour amid US tariffs

Chinese President Xi Jinping is set to begin a key tour of Southeast Asia on Monday, starting with Vietnam, before visiting Malaysia and Cambodia.  The visit comes as Beijing aims to reinforce regional alliances amid intensifying trade tensions with the United States. Chinese

Bangladesh Investment Summit attracts Tk 3,100cr in proposals

The Bangladesh Investment Summit 2025 has drawn initial investment commitments totaling Tk 3,100 crore, according to Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA). He disclosed the information during a press conference

Gas Prices Hiked by 33% for New Industrial, Captive Users

New industrial and captive gas consumers in Bangladesh will now face a 33 percent hike in tariffs compared to existing rates. Under the revised pricing, newly connected industrial users will be charged Tk 40 per cubic metre, up from the current rate of Tk 30.  For new captive

Evaly's Rassel, Shamima sentenced to 3 years for fraud

Evaly Managing Director Mohammad Rassel and Chairperson Shamima Nasrin have been sentenced to three years of rigorous imprisonment in a fraud case.  Dhaka Metropolitan Magistrate M Mizbah Ur Rahman passed the verdict today. The court also fined them Tk5,000 each. The case,

Gold price reaches record high in Bangladesh

Gold prices in Bangladesh have hit a new record, with the price of 22-carat gold rising by Tk 4,187 to Tk 1,63,214 per bhori (11.664 grams). The Bangladesh Jewellers’ Association (BAJUS) has set the new price, which will be effective from today (April 13). Before this, the

Trump exempts smartphones and computers from new tariffs

US President Donald Trump's administration has exempted smartphones, computers and some other electronic devices from "reciprocal" tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs and Border Patrol said that the goods would be

Mahfuj meets Turkish trade minister Bolat

Turkish Trade Minister Prof Dr Omer Bolat met with Bangladesh's Information and Broadcasting Adviser Md Mahfuj Alam on the sidelines of the Antalya Diplomacy Forum 2025. The meeting was held on the sidelines of the 'Antalya Diplomacy Forum, 2025' in Turkiye on Friday.

Trade through Banglabandha land port stays normal

Despite India’s withdrawal of the transshipment facility, trade between Bangladesh, India, Nepal, and Bhutan through the Banglabandha land port has remained unaffected. On April 9, India officially cancelled the transshipment facility, which had previously allowed Bangladesh to

Gold price hits new record in Bangladesh again

The price of gold in Bangladesh has hit a new record once again, rising by Tk 2,403 per bhori (11.664 grams) to Tk 1,59,027.  The Bangladesh Jewellers' Association (BAJUS) announced the new price on Thursday (April 10). The decision was taken by the members of the Standing

Pakistani firm Engro Holdings keen to invest in Bangladesh

Abdul Samad Dawood, Chief Executive Officer of Engro Holdings from Pakistan, met with Bangladesh’s Chief Adviser Professor Muhammad Yunus today at the State Guest House Jamuna, where they discussed potential investment areas in Bangladesh. During the meeting, the Engro CEO shared