Thursday, 28 Nov, 2024

Business

Price of the essentials will soon reduce: Tipu  

Price of the essentials will soon reduce and traders will not be allowed to manipulate the price of the oil. We are strictly monitoring the market, said Commerce Minister Tipu Munshi Minister stated this while speaking as the chief guest at the triennial conference of Pirgachha Upazila

Egg-Onion price increased by Tk 5-10

Due to heavy rain for the past three days, the prices of chicken, eggs, vegetables and onions have gone up in the market. However, the prices of the other essentials are stable. The situation has been observed after visiting a number of retail markets in the capital on Friday (May 13).

BB rules out rumour of demonetising red Tk1000 notes

The Bangladesh Bank (BB) has dismissed a rumour saying that the central bank will demonetize the red coloured Tk1, 000 notes on May 30. General Manager Abul Kalam Azad issued a press release on Wednesday (May 11) in this regard. In the release, he said, "The BB noticed a

Hajj agencies won't get more than 300 tickets each

State Minister of Religious Affairs Faridul Haq Khan said the government decided not to provide more than 300 tickets to Hajj agencies each across the country this year.  A private agency will be required to send at least 100 pilgrims and at most 300 pilgrims this year, he said

US businesses keen to be part of Bangladesh's development

US entrepreneurs have reiterated their interest to be a part of Bangladesh's development and private sector transformation. They expressed their eagerness at the first-ever US-Bangladesh Business Summit held at a city hotel on Monday. Federation of Bangladesh Chambers of

Soybean oil price increased by Tk 38 per litre

The price of soybean oil has increased in the country due to hike in oil price in the international market. The price of per litre bottled soybean oil has been increased by Tk38 to Tk198 while per litre unpackaged soybean oil by Tk44 to Tk 180.   Besides, the price of 5 litre

Janata bank posts Tk 300cr net profit in 2021

State-owned Janata Bank posted the highest ever net profit of Tk 300 crore in 2021 since its start of operation supported by uptrend in all the key indicators.   Besides, it registered Tk 1000 crore operational profit, a level which could not be maintained after 2012, suggests

Uber loses $5.9bn as Asia investment values fall

Ride-hailing and delivery group Uber has made a $5.9bn (£4.7bn) loss, mostly due to its stakes in other companies. The firm said almost all of the loss was a result of the fall in the value of investments in businesses including two Asian ride-hailing giants - China's Didi

EU to propose phasing out Russian oil in new sanctions wave

The European Union will propose a phased out ban on Russian oil imports as part of its fresh round of sanctions against Russia for its invasion of Ukraine, sources said on Sunday (May 1). The European Commission, which draws up sanctions for the EU's 27 countries, is currently

HungryNaki MD for developing a digital eco-system where all parties become benefited  

We are strengthening our partnerships. As a leader, my ultimate vision is to create a digital eco-system, where all the parties involved become benefitted, rather than only focusing on making money. Khondoker Tasfin Alam, Managing Director of HungryNaki, was telling these while

Get 10% discount on ticket from Biman website 

Biman Bangladesh Airlines has offered a 10 percent discount on its ticket from its website (www.biman-airlines.com) from April 28 to December 31. Passengers will get the discount offer by using promo code “BGWEB2022,” says a press release on Saturday (April 30). People

Mukesh Ambani plans bid for Boots, reports say

Indian billionaire Mukesh Ambani is reportedly planning a takeover bid for the UK high street chain Boots. Mr Ambani is the biggest shareholder and chairman of retail-to-energy group Reliance Industries. Mumbai-based Reliance is reportedly working on the potential bid with US buyout

Indonesia suspends all exports of palm oil

Indonesia began imposing a complete ban on palm oil exports Thursday, as the world's largest producer of the commodity risked destabilising a global vegetable oil market already hitting peak prices. The archipelago nation is facing a shortage of domestic supplies of cooking oil and

BAJUS calls for buying ornaments from legitimate Jewellers 

Bangladesh Jewellers Samity (BAJUS) on Tuesday (April 26) urged people to purchase gold items from genuine and legitimate jewellery shops to get protected from any fraud. BAJUS also encourages buying ornaments only from its member Jewellers as it will not take responsibility if anyone

King Brand, Bir Cement host Iftar and doa mahfil in Dhaka

King Brand Cement and Bir Cement, two flagship products from Bashundhara Group, hosted an iftar and doa mahfil in Dhaka on Saturday. Some 300 guests including dealers, retailers and engineers participated in the event at Café Rio at Dhanmondi in the capital. They offered a

Bashundhara Bitumen to be used for Padma Bridge link road, Payra Port

Chinese engineering firm Xing Xu Construction Company Limited (XCCL) will use Bashundhara Bitumen in Payra Port, Padma Bridge link road and Cox's Bazar airport extension projects. Bashundhara Oil and Gas Company Limited (BOGCL) signed an agreement with the reputed construction

IMF asks Sri Lanka to restructure debt before bailout

The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt before a bailout programme could be finalised as anti-government protests escalated across the island. Sri Lanka opened talks with the IMF in

SM Abdul Wadud joins as GM of Janata Bank 

SM Abdul Wadud has been promoted to the rank of General Manager of the Janata Bank Limited, a leading state-owned commercial bank of Bangladesh. He took over as General Manager of the bank at its head office located at Janata Bhaban in the capital. Earlier, he was DGM of the bank.

Bangladesh future model of global jewellery industry: Dilip Roy

Speakers at a programme in Faridpur on Saturday said under the leadership of Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir, Bangladesh will be a model of the global jewellery industry in the future. While addressing the Faridpur District Representatives’

Trade thru Banglabandha land port resumes after 2 days

Import and export activities resumed on Saturday (April 16) through Banglabandha land port in Tetulia upazila of Panchagarh district after two days of government holidays including for Pahela Baishak. Import-export group president Abdul Latif Tarin confirmed the matter to