Wednesday, 14 May, 2025

Business

US-Saudi Arabia seal landmark $142bn arms deal

The United States and Saudi Arabia have finalized a $142 billion arms agreement, marking one of the largest defense deals between the two nations. Announced during President Donald Trump’s visit to Riyadh, the deal includes advanced weaponry, fighter jets, missile defense

Bashundhara tissue launches new “3-ply Bashundhara Toilet Tissue”

Bashundhara Tissue, a concern of the Bashundhara Group, officially unveiled its latest innovation, the “3-ply Bashundhara Toilet Tissue,” at a launching ceremony held at the Level-5 Training Hall of the Bashundhara Industrial Headquarters (BIHQ) in Dhaka on Wednesday. The

Gold price rises again

The price of gold has been increased by Tk3,662 per bhori (11.664 grams), just four days after a previous reduction, bringing the new price to Tk1,74,948 per bhori. The decision was made during a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh

LPG cylinder price drops by Tk 19

The price of Liquefied Petroleum Gas (LPG) has been lowered for May, according to an announcement by the Bangladesh Energy Regulatory Commission (BERC) on Sunday (May 4). The price of a 12kg LPG cylinder has been reduced by Tk 19, bringing it down from Tk 1,450 to Tk 1,431. The new

Gold prices drop again

Gold prices in Bangladesh have dropped once again, just 10 days after the previous adjustment, according to an announcement by the Bangladesh Jewellers Association (BAJUS). The price of 22-carat gold has been reduced by Tk 3,569 per bhori (11.664 grams), setting the new rate at Tk

Forex reserves climb to $27.41 billion

The country’s foreign currency reserves have risen to $27.41 billion as of Wednesday, the Bangladesh Bank said today. Based on IMF standards, reserves stand at $22.04 billion, with net reserves at about $17 billion — just $1 billion short of meeting a key IMF bailout

Bashundhara City to remain closed on May Day

Bashundhara City Shopping Mall will remain closed on Thursday, 1 May, in observance of International Workers' Day, according to a public notice from the authorities. All regular shopping activities will be suspended for the day.  However, Toggi Fun World and Star Cineplex

Bangladesh-Pakistan Business Forum 2025 opens

The Pakistan-Bangladesh Business Forum, 2025 was inaugurated in Dhaka today (April 28) aiming to enhance bilateral trade and commercial cooperation between the two countries. Bangladesh’s Adviser for Commerce, Sk. Bashir Uddin, and Pakistan’s High Commissioner to

100-member Chinese business delegation to visit Dhaka

A 100-member Chinese business delegation, led by Commerce Minister Wang Wentao, is set to visit Dhaka soon, Bangladesh’s Ministry of Foreign Affairs announced on Monday (April 28). The plan was discussed during a meeting between Foreign Secretary Jasim Uddin and a visiting

Senior leadership promotions at BRAC Bank  

Tareq Refat Ullah Khan and Syed Abdul Momen promoted to AMD and Nazmur Rahim and Md. Muniruzzaman Molla to DMD Dhaka, Saturday, April 26, 2025: BRAC Bank has promoted four senior leadership team members to Additional Managing Director (AMD) and Deputy Managing Director (DMD)

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