The risk of soaring Chinese electric car prices in the EU could be easing after both sides agreed to negotiate a planned series of import taxes. Top officials from both regions spoke about the tariffs on a call on Saturday and agreed to discuss them further, though frictions remain.

Regional Consultation on Global Digital Compact (GDC), jointly organized by Bangladesh and the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) Secretariat, was inaugurated today at Hotel Intercontinental in Dhaka.  Speaking as the Chief

Chinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country's state media has reported. The demand was reportedly made at a closed-door meeting organised by

Over Tk 4.80 crore toll was collected from 44,033 vehicles on the Padma Bridge on Friday, the weekend holiday just before public holiday of the Eid-ul-Azha. Senior Secretary of Bridges Division of the Ministry of Road Transport and Bridges Md Monjur Hossain said while inspecting Padma

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir has urged the chief of the police to strengthen the security of jewellery shops across the country during the holidays, marking Eid-ul-Azha. The BAJUS president made the call in a letter sent to Inspector

The Bangladesh Jeweller’s Association (BAJUS), under World Bank’s “Accelerating and Strengthening Skills for Economic Transformation (ASSET) Project”, is set to arrange a training programme aimed at enhancing technical skills of jewellers. The World Bank will

When international flights are not operational, the Pokhara Regional International Airport (PRIA) often faces criticism. Daily international flights from Pokhara have not yet commenced although PRIA has been operational for almost a year and a half. The airport is currently limited

Sales of sacrificial animals began in Dhaka's makeshift cattle markets on Thursday (June 13) ahead of the holy Eid-ul-Azha, the second largest religious festival of the Muslim community, said officials concerned. According to the two city corporations, 9 temporary haats have been

The United States on Wednesday dramatically broadened sanctions on Russia, including by targeting China-based companies selling semiconductors to Moscow, as part of its effort to undercut the Russian military machine waging war on Ukraine. Among the steps, the US Treasury said it was

Sales of sacrificial animals at 22 cattle markets including two permanent haats in the capital will start tomorrow (June 13), five days before the second largest religious festival of the Muslim community, said officials concerned. According to the two city corporations, 9 temporary

Jewellers have inflated the gold price by Tk 1,073 to Tk 1,16,955 per bhori amid the price hike of pure gold in the local market. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) decided at a meeting on Tuesday. The new

Saudi developer Red Sea Gateway Terminal on Monday started operations at the Patenga Container Terminal in Chattogram Port, marking the first time a foreign company has run a Bangladeshi port. The Chattogram Port site is the busiest container port in the Bay of Bengal. It handled about

The oath taking and installation ceremony of the newly elected committee of Bangladesh Jeweller's Association (BAJUS) Chattogram District unit was held in the port city on Monday.  The programme was organised at a community centre in the city's Love Lane area at around

Bangladesh Jeweller's Association (BAJUS) today (9 June) said no effective initiative has been taken to stop gold smuggling in the proposed budget for the financial year 024-2025. Besides, the jewellers sector got nothing from the proposed national budget in the parliament on June

The leaders of garment manufacturers and textile millers today (June 8) expressed their disappointment as 1% tax at source has been imposed in the proposed national budget for the fiscal year 2024-25.  “We urge the government to reduce the tax at source to 0.5% from the

The government's target of reducing inflation to 6.5% and achieving 6.75% gross domestic product (GDP) growth as set in the proposed national budget for the FY2024-25 is blatantly unrealistic. South Asian Network on Economic Modeling (SANEM) came up with the observation during a

The government will define gold and jewellery ornaments separately in baggage rules to curb the attempt to evade duties. “Many passengers from Middle Eastern countries attempt to evade customs duties by concealing roughly designed raw gold as gold jewelry. To combat this issue

Apex has brought together the four most prominent brands together to cater an extravaganza Eid shopping experience to its customers. In the “Shop Big Win Big” campaign, Apex is offering the highest price purchasers at the stores to win exclusive gifts from Air Astra, Mana Bay,

Switzerland and Bangladesh signed a bilateral air service agreement today (June 5) in a bid to strengthen their economic ties.  This marks a first for the two nations and reflects Switzerland’s ongoing commitment to expanding its intercontinental connections. This

Bangladesh Jeweller's Association (BAJUS) today (June 3) said more than Tk 91,250 crore is being laundered annually through gold and diamond smuggling. The top body of the Jewellers also said that smugglers are laundering this money through 'Hundi'. BAJUS officials made