Saturday, 20 Apr, 2024

Business

Bashundhara starts selling essential at fair prices in Ctg city

Bashundhara Group, the country’s largest business conglomerate, started selling essential commodities at fair prices on Sunday to reduce the inflation pressures on poor and middle-class consumers of the port city. Chattogram Deputy Commissioner Abul Bashar Mohammed Fakhruzzaman

Turkey keen to boost bilateral ties with Bangladesh

The Turkish Ambassador to Bangladesh, Ramis Sen, said the country has strong and deep-rooted bilateral relations with Bangladesh and the two nations are committed to further enhancing ties. The ambassador said this during a recent courtesy visit to Md Hasnat Kabir, country manager, USB

Inflation control should be main focus in next budget: CPD

The Centre for Policy Dialogue (CPD) on Saturday (March 16) said containing inflation should be the key focus in the upcoming budget of FY2024-25. “The current high inflation exposes the country’s weakness in economic measures. Due to a lack of proper market management, and

Gulf dates reign supreme on Bangladeshi iftar tables

Gulf varieties of dates are the favorite ones among Bangladeshis, with many making sure that the Saudi or Emirati fruits will be on their iftar tables, despite their high price. One of the earliest crops cultivated in the Arabian Peninsula, the date is also grown in Egypt — the

BAJUS to support CSE in commodity exchange

Bangladesh Jeweller’s Association (BAJUS) will support Chittagong Stock Exchange (CSE) for establishing first ever commodity exchange activities in Bangladesh. BAJUS leaders, gathered at a meeting on Thursday, assured the officials of the CSE, the second-largest bourse in the

Farm owners worried as Bangladeshi workers leaving Malaysia

Vegetable farm operators in Cameron Highlands in Malaysia say they will have to scale down their production soon due to the anticipated shortage of foreign workers in the next few months. Cameron Highlands Malay Farmers Association president Datuk Syed Abdul Rahman said the

1,100 Bangladeshi women entrepreneurs, professionals drive UAE economy 

More than 100 self-made Bangladeshi women entrepreneurs and 1,000 women professionals are currently contributing to the UAE economy, according to a senior official.  They are active in real estate, restaurant, garments, trading, jewellry, grocery, typing services etc.

Govt now fixes date prices for Ramadan

The government has fixed the prices of dates, a key item of iftar, for the month of Ramadan. It has fixed the price of low grade dates at Tk 150 to Tk 165 per kilogramme (KG), as per a notification of the Commerce Ministry. Prices of Zahidi dates, the widely-consumed variety, would

Bangladesh Bank plans to merge 10 banks in a year 

Bangladesh Bank (BB) Executive Director and Spokesperson Mezbaul Haque today (Mar 12) informed that the regulator is planning to merge 10 banks within a year. “Following the merger, the weak bank can become the strong bank while strong banks can be stronger banks,” he told

Japan to start talks with Bangladesh on free trade pact

Japan will start negotiations with Bangladesh toward signing a bilateral free trade agreement as part of efforts to boost economic cooperation with the South Asian nation, the government said Tuesday. Chief Cabinet Secretary Yoshimasa Hayashi said at a regular news conference that

Bangladesh, Nigeria deepen trade, defense cooperation 

Bangladesh and Nigeria have strengthened defence cooperation in order to promote trade, education and especially to deepen investment in the textile industry which Nigeria urgently wants to revamp. Indications to this development emerged during the 50th anniversary of the establishment

Bashundhara Group starts selling essentials at fair price

Bashundhara Group, the country’s largest business conglomerate, has started fair-price sales of essential commodities to reduce sufferings to poor and middle-class customers. Bashundhara Group’s Vice-Chairman Shafiat Sobhan Sanvir inaugurated the programme in front of the

India signs $100bn free trade deal with four European nations

India has signed a free trade agreement (FTA) with a group of four European countries that are not members of the European Union. The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn (£77.8bn), the country's trade minister says.

Bashundhara Tissue earns "Prestigious Brand of Asia 2023-24" award

Bashundhara Tissue, the flagship brand of Bashundhara Group, has received the esteemed "Prestigious Brand of Asia 2023-24" award at the Global Business Symposium 2024 held at Hilton Hotel in Dubai.  The accolade recognizes Bashundhara Tissue's consistent excellence

Bangladesh, India jointly organise Harmony Fair in Malda

Traders and industrialists of India and Bangladesh, for the first time, jointly organised a four-day Harmony Fair in Malda town for the display and sale of goods produced in two countries. The Harmony Fair started at Malda College ground on Saturday afternoon in the presence of the

Gold price hits record high in international market

The price of gold reached an all-time high in the international market on Friday (March 8).  The price of the safe-haven metal rose 0.4 percent in the spot market on the day. The price settled at 2170 dollars 55 cents per ounce. US benchmark gold rose 0.9 percent on the same

Voting in BGMEA election underway

The biennial election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is underway today to elect the new executive committee for the period of 2024-26. The voting started at 10:00am and will continue till 5:00pm at the BGMEA's Dhaka and Chattogram offices.

Gold outstripping greenback amid de-dollarisation

A good number of countries have been trying to break the monopoly of the US dollar over the years while many have progressed far and are in good positions. After restoring the Russia-China friendship and the depreciation of other world currencies against the dollar, people are losing

Women jewellery entrepreneurs demands policy support: BAJUS

Bangladesh Jeweller's Association (BAJUS) leaders on Friday (Mar 8) said women entrepreneurs associated with this industry have demanded equality so that the sector flourishes and women empowerment efforts are bolstered.  They said a government level training institutes is

World food price falls for seventh straight month – UN FAO

World food prices dropped for the seventh month in a row February as falling cereal prices outweighed more costly sugar and meat, the Food and Agricultural Organization said Friday.  The United Nations agency said its FAO Food Price Index dropped 0.7 percent in February and is