Saturday, 30 Nov, 2024

Business

Oil prices climb amid US stocks decline, Middle East conflict

Oil prices extended gains on Wednesday after industry data showed a surprise drop in US crude stocks last week, a positive sign for demand, though markets were also keeping a close eye on hostilities in the Middle East, according to Reuters Brent crude futures rose 26 cents, or 0.29

Gold price reduced by Tk 2,100 per bhori

Jewellers have decreased the price of gold by Tk 2,100 to Tk 1,14,190 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the

Mohammad Abu Jafar Joins Premier Bank as MD & CEO

Mohammad Abu Jafar has joined as Managing Director & CEO of The Premier Bank PLC with effect from April 24, 2024. Mr. Mohammad Abu Jafar is a veteran banker with 34 years of professional experience in the banking industry in diverse capacities for business development spanning

Gold price reduced by Tk 3,137 per bhori

Jewellers have decreased the price of gold by Tk 3,137 to Tk 1,16,290 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the

Tesla cuts prices in major markets as sales fall

Tesla has the cut its prices again in a number of major markets - including the US, China and Germany - as the electric car giant run by multi-billionaire Elon Musk faces falling sales. The move comes after it reported a sharp fall in its global vehicle deliveries in the first three

Gold price inflates again

Jewellers have inflated the price of gold by Tk 629 to Tk 1,19,427 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 held on Sunday (April 21). The price

Gold price reduced by Tk840 per bhori

Jewellers have decreased the price of gold by Tk840 to Tk1,18,797 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the downward

Oil, gold price rises as US says Israel has struck Iran

Oil and gold prices have jumped after US officials said an Israeli missile had struck Iran. Brent crude, the international benchmark, rose to over $90 a barrel after reports emerged of an attack by Israel, before falling back when Iran sought to downplay the significance. Gold

Premier bank holds 1st quarter business review meeting-2024

The 1st Quarter Business Review Meeting-2024 of The Premier Bank PLC was held today (April 19) at a hotel in the capital.  Freedom Fighter and the Chairman, Board of Directors of the Premier Bank PLC Dr. H.B.M. Iqbal, graced the occasion as Chief Guest.  Managing Director

Gold price hits record high in Bangladesh

Jewellers have inflated the price of gold by Tk 2,065 to Tk 1,19,638 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 held on Thursday (April 18). The

Bangladesh envoy calls for strengthening trade ties with Pakistan

High Commissioner of Bangladesh to Pakistan Md Ruhul Alam Siddique has said that Bangladesh and Pakistan are enjoying friendly relationship based on shared history, harmony of faith and culture. The Ambassador expressed these remarks during a function organized on the occasion of the

Soybean oil prices up Tk4 per litre

The price of a litre of bottled soybean oil has been increased by Tk4, while the price of loose oil has been decreased by Tk2 per litre. The new prices would come into effect on Friday (April 19). State Minister for Commerce Ahasanul Islam Titu made the disclosure on Thursday after

Dhaka wants 'preferential trade pact', Nepal wants ‘no hidden tariffs’ 

Nepal and Bangladesh are sitting down for a commerce secretary-level meeting in Kathmandu today (April 17) to strengthen economic ties and boost subregional connectivity.  But the much-delayed bilateral preferential trade agreement (PTA) between the two neighbours will not be on

United Airlines says Boeing blowout cost it $200m

United Airlines has blamed Boeing for a $200m (£161m) hit to its earnings in the first three months of this year. The carrier was forced to ground its Boeing 737 MAX 9 fleet for three weeks after a mid-air cabin blowout on an Alaska Airlines flight in January. United said that

Refiners increase soybean oil price by Tk10 per litre

Refiners have increased the prices of soybean oil by Tk10 a litre with an effect from Tuesday (April 16). Meanwhile, State Minister for Commerce Ahasanul Islam Titu said there is no scope for increasing the prices of edible oil. Bangladesh Vegetable Oil Refiners and Vanaspati

China economy grows faster than expected in first quarter

China's economy made a stronger-than-expected start to the year, even as the crisis in its property sector deepened. According to official data, gross domestic product (GDP) expanded by 5.3% in the first three months of 2024, compared to a year earlier. That beat expectations

Oil prices lower after Iran attack on Israel

Oil prices fell in early Asian trade after Iran's reprisal attack on Israel over the weekend. Brent crude - a key benchmark for oil prices internationally - was lower but still trading close to $90 a barrel on Monday morning. Prices had already risen in expectation of action by

ICCB Heritage expands for a fit Mughal cuisine

The ICCB Heritage Restaurant opened its renovated duplex facility on Monday to provide a regal experience of traditional Mughal cuisine on a larger scale for food lovers. Located at the International Convention City Bashundhara (ICCB), the restaurant features a lakeside view of the

ACE Money Transfer Announces Its Much-Anticipated Salam Bangladesh Campaign with Bigger Prizes This Ramadan

Manchester, United Kingdom, March 26, 2024: A growing UK-based remittance service provider, ACE Money Transfer, is delighted to announce its renowned promotion, “Salam Bangladesh,” this time with bigger prizes in line with the Bangladeshi government’s 2.5% incentives on

Gold price hits record high of Tk1,17,573 per bhori

The price of gold has reached a record high of Tk1,17,573 per bhori with the latest increase in price of Tk1,750 per bhori. The price of 22-carat gold is now Tk10,080 per gram while it is Tk9,620 for 21-carat gold, according to a press release issued by the Bangladesh Jeweller's