Sunday, 11 Jun, 2023


Bashundhara City pulls in huge crowd

People in their hundreds are thronging Bashundhara City Shopping Complex in the capital to avail themselves of exciting facilities and signature collections of renowned brands ahead of Eid-ul-Fitr and Pahela Baishakh. The premium shopping mall of the country especially pulled in a huge

Jewellery Park at Bashundhara City

Bashundhara City Shopping Complex at Panthapath in the capital has housed Jewellery Park to consolidate business of the precious metal. The mega move has been initiated by Bangladesh Jewellers’ Association (BAJUS). Established on level-7 of the shopping complex, the park will

Germany ends nuclear energy era as last reactors power down

Germany will switch off its last three nuclear reactors on Saturday, exiting atomic power even as it seeks to wean itself off fossil fuels and manage an energy crisis caused by the war in Ukraine. While many Western countries are upping their investments in atomic energy to reduce

Gold price rises by Tk 1,283 a bhori

Jewellers have inflated the gold price by Tk 1,283 to Tk 98,444 per bhori on the market in Bangladesh. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting on Saturday (April 15).  The price of

Japan approves country's first casino

Japan on Friday approved a plan to build the country’s first casino in the western city of Osaka, paving the way for a large resort aimed at attracting domestic and international tourist spending. Put forth by the city and Osaka prefecture, the project aims to open a casino,

Bangladesh to import sugar from Malaysia

The government has decided to import sugar from Malaysia at a low cost. The sugar will be sold at the open market through TCB at a low price. Cabinet Committee on Government Purchase (CCGP) okayed two proposals from the Commerce Ministry on Wednesday (April 13). Additional

BAJUS expels its member Enamul Haque Khan Dolan

Bangladesh Jeweller's Association (BAJUS) has expelled its former president and executive committee member Enamul Haque Khan Dolan. In an emergency executive committee meeting on Tuesday (April 11), BAJUS decided to disqualify Enamul Haque Khan from all organization posts. BAJUS

Govt hikes prices of all fertilisers by Tk 5 per kg

In view of the ongoing global economic situation, the Bangladesh government has raised the prices of four types of fertilisers – urea, DAP, TSP, and MOP – by Tk5 per kg. The price hike was announced in two separate notices from the Ministry of Finance and the Ministry of

Gold price drops before 'Eid' by Tk 1,166 a bhori

Bangladesh Jeweller’s Association (BAJUS) has lowered the price of gold by Tk 1,983 to Tk 97,161 per bhori (11.664 gram). The prices of the precious item have reduced in the domestic market in line with the global market, said a press release of BAJUS on Monday (April 10). The

Tesla to build new battery factory in Shanghai

Elon Musk's electric car company Tesla says it is expanding in China as it builds a new factory to make its large-scale batteries. The plant in Shanghai will be able to produce 10,000 of its "Megapack" energy storage units a year, the firm says. A Megapack is a very

Janata Bank launches AI-powered mobile app

Janata Bank has launched an artificial intelligence-based mobile app - eJanata to keep the customers ahead in race of advanced-level of digital financial service. The eJanata has been downloaded over 50 thousand times from Google play store since launching on 15 February while the

Bangabazar traders set up shops on footpath

Traders incurred huge losses due to the massive fire in Bangabazar in the capital ahead of Eid-ul-Fitr, the largest religious festival of the Muslim community.  At the same time, they also fear whether they will be able to start a new business in the place of the burnt shop.

Al Haramain now at Narayanganj

World-renowned fragrance brand Al Haramain Perfumes (AHP) opened outlet in Narayanganj . AHP director Samira Rahman inaugurated the tenth showroom of the company at Almas Point of the port town as chief guest on Friday.   Meghna Group director Tanveer Ahmed, AHP executive

Sugar price reduced by Tk 3 per kg 

The government has reduced prices of loose and packaged refined sugar each by Tk3 per kg. Now, the retail prices of a kg loose and packaged refined sugar are Tk104 and Tk109 respectively.  The new rate will be effective from Saturday (8 April), the commerce ministry confirmed

Inflation rises to 9.33% in March

The general point to point inflation rate in March increased as it reached 9.33 percentage points up from 8.78 percentage points in February mainly because of the slight rise in food inflation. The general point to point inflation rate in January last was 8.57 percentage points,

BAJUS seeks 10-year 'tax holiday' for gold refinery

Bangladesh Jeweller's Association (BAJUS) has demanded ten-year tax holiday for gold refinery in a bid to flourish the industry. The trade body also sought reduction in Value Added Tax (VAT) from 5 to 3 percent on retail sales of gold, silver and diamond ornaments. BAJUS was

L'Oreal buys Australian brand Aesop in $2.5bn deal

L'Oreal has agreed to buy Australian skincare brand Aesop in a deal worth $2.53bn (£2bn), the French beauty giant's largest takeover in decades. The brand is a "superb combination of urbanity, hedonism and undeniable luxury," L'Oreal chief executive Nicolas

Bangladesh's remittance inflow reaches $2.02b in March

Remittance inflow rose to a seven-month high in March as expatriate Bangladeshis sent a remarkable amount of greenback worth around $2.02 billion to their near and dear ones. Expatriates sent home $2.02 billion last month, the highest since September last year when $1.53 billion flew

Opec+ announces surprise cuts in oil production

Saudi Arabia and other Opec+ members have announced voluntary cuts to their oil production of about 1.15m barrels a day in a surprise move they said was aimed at supporting market stability. The group of oil-producing nations had been largely expected to stick to its already agreed 2m

12kg LPG cylinder price cut by Tk 244

Bangladesh Energy Regulatory Commission (BERC) has cut down the price of liquefied petroleum gas (LPG) cylinders by Tk 244 to Tk 1,178 per 12 kg. The new price rate will come into effect from 6:00pm on Sunday (April 2).  Bangladesh Energy Regulatory Commission (BERC) announced