Sunday, 22 May, 2022

Business

BERC for hiking gas price by Tk3.11 per cubic metre

The technical (evaluation) committee formed by Bangladesh Energy Regulatory Commission (BERC) has proposed to hike natural gas price by Tk3.11 per cubic metre. With this, the committee has recommended determining the gas price at Tk 12.47 per cubic metre. Earlier, Petro Bangla

Jewellery Expo Raffle Draw: Abdul Kuddus gets Tk10 lakh, Tarun Tk5 lakh

  The winners of raffle draw in Bangladesh Jewellery Expo 2022 have never thought of getting the prizes as many of them visited the stalls but did not buy any product.     Bangladesh Jewellery Expo at International Convention City Bashundhara (ICCB) in the

First Jewellery Expo ends with huge visitor turnout 

The first ever Bangladesh Jewellery Expo ended on Saturday getting huge responses from lovers of precious yellow metal. Bangladesh Jewellers Samity (BAJUS) oranised the three-day expo at International Convention City Bashundhara (ICCB) in the capital from March 17. BAJUS President

Final day of Bangladesh Jewellery Expo draws huge crowd

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, at International Convention City Bashundhara (ICCB) in the capital will come to an end today (Saturday). Plenty of visitors made it to the venue compound with festive mood sweeps the stalls at the fair which

First ever Jewellery Expo begins marking Bangabandhu’s birthday

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, has begun today (March 17) at the International Convention City Bashundhara (ICCB) in the capital marking the birthday of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the greatest Bangalee of

First-ever Jewellery Expo kicks off today 

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, is set to begin today at the International Convention City Bashundhara (ICCB) in the capital to showcase homemade ornaments and excellence of local goldsmiths. Bangladesh Jewellers Samity (BAJUS) is

First-ever Jewellery Expo kicks off tomorrow

Bangladesh Jewellery Expo-2022, the first of its kind in Bangladesh, will begin tomorrow (March 17) at International Convention City Bashundhara (ICCB) in the capital marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. The three-day jewellery expo

China's wealthiest drop $71 billion in a day as stocks plunge

China's stock rout cost the nation's richest tycoons more than US$52 billion (S$71 billion) on Monday (March 14). Zhong Shanshan, known as China's king of bottled water, led the plunge as his fortune fell by US$5 billion, while Tencent's Pony Ma dropped US$3.3 billion,

Kazi Mofizul Islam promoted as Sonali Bank GM

Renowned banker Kazi Md Mofizul Islam has been promoted to the post of General Manager of the Sonali Bank Limited, a leading state-owned public commercial bank in the country. The development has taken place recently evaluating outstanding performance of Kazi Md Mofizul Islam.

Grab opportunities in Bangladesh: PM to UAE investors 

Bangladesh Prime Minister Sheikh Hasina today urged the United Arab Emirates (UAE) business community to invest largely in Bangladesh Social Economic Zones and high-tech parks particularly in readymade garments (RMG), leather, jute, food, ICT and IT Enabled Services.  The premier

Bangladesh Jewellery Expo-2022 begins March 17

Bangladesh Jewellers Samity (BAJUS) is set to organise a three-day Jewellery Expo-2022 for the first time in the country to highlight the Jewellery industry at home and abroad. Bangladesh Jewellery Expo-2022 will be inaugurated at International Convention City Bashundhara (ICCB) in the

Cement price may exceed Tk 500 per bag as raw material cost goes up

The country’s cement production is hard hit by an increase in the prices of raw materials in the international market. Sources said the production cost of cement has hiked by Tk 50-60 per bag. The cement manufacturers are in a fix to adjust the prices. Wholesalers and retailers are

Russia may cut gas supplies if oil ban goes ahead

Russia has said it may close its main gas pipeline to Germany if the West goes ahead with a ban on Russian oil. Deputy Prime Minister Alexander Novak said a "rejection of Russian oil would lead to catastrophic consequences for the global market", causing prices to more than

Oil price soars to highest level since 2008

Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian supplies with its allies, reports BBC. Brent crude - the global oil benchmark - spiked to above $139 a barrel, before easing back to below $130. Energy markets

Three entrepreneurs receives BAJUS Women Award-2022

Bangladesh Jewellers Samity (BAJUS) has honoured three women entrepreneurs in recognition of their contribution to Jewellery Industry on Sunday, marking International Women’s Day 2022. For the first time, the organisation has given BAJUS Women Award-2022. Kazi Nazneen Islam

Visa, Mastercard halt Russian business over Ukraine invasion

Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. "Noting the unprecedented nature of the current conflict and the uncertain economic

Qatar’s Nebras Power buys 24pc share of Unique Meghnaghat Power

Qatar-based Nebras Power Investment Management (NPIM) has acquired 24 percent share of Unique Meghnaghat Power Limited, a private power plant in Bangladesh. The NPIM bought the shares from Unique Hotels and Resorts Limited (UHRL) and Strategic Finance Limited (SFL), says a report

Joint study on India-Bangladesh trade pact to be finalised soon

India and Bangladesh will soon finalise a joint study on the prospects of entering into a bilateral free trade agreement, which aims at further strengthening economic ties between the countries, the commerce ministry said on Saturday. The Commerce Secretary level meeting between India

Singapore imposes sanctions on 4 Russian banks, bans export of goods 

Banks and other financial institutions here will be banned from doing business with four Russian banks, as part of sanctions the Republic is imposing to hit the Russian economy for the invasion of Ukraine. The sanctions will also involve a ban on the export of certain goods to Russia,

Gold price rises by Tk 3,265 per bhori

Bangladesh Jewellers' Association (BAJUS) has increased the price of gold in the domestic market by Tk 3,265 per bhori. The price of 22 carat gold increased by Tk 3,265 to Tk 78,265 per bhori (11.664 grams) while 21 carat gold increased by Tk 3,091 to Tk 74,766 and 18 carat gold