Govt to allow onion imports to boost supply
Bangladesh Bank to reconstruct loans for crisis-hit businesses: Governor
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 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,
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.
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 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
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 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 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
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
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-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
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
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,
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
Leaders of Bangladesh Jewellers Samity (BAJUS) have hailed the firm determination of the organisation’s President and Bashundhara Group Managing Director Sayem Sobhan Anvir to revive the lost heritage of the gold business. They were addressing Khulna Divisional
Benchmark global oil prices surged above $110 a barrel, hitting a multiyear high, as concern mounted that Russia’s growing economic isolation since its invasion of Ukraine would disrupt global energy supplies. The latest run-up came even after members of the International
Australia has officially assured that it would continue duty-free and quota-free access to Bangladesh exports even after graduation out of LDC in 2026. The commitment came at the meeting of the first joint working group on trade and investment held on 22 February 2022 at Canberra.
Bashundhara Group, the largest business conglomerate of the country, has greeted newly-appointed Dhaka Bank Limited Managing Director and Chief Executive Officer Emranul Huq. Emranul Huq took over as Managing Director and Chief Executive Officer of the Dhaka Bank Limited on February
Russia has more than doubled its key interest rate after the rouble slumped by 30% against the US dollar. Bank of Russia said it raised the rate to 20% from 9.5% to help cushion the impact on prices of the rouble's slide. It came as the UK, along with the US and EU, cut off
Bangladesh will be a model in the world jewellery industry under the leadership of Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir, speakers at a programme in Rajshahi said. Like BGMEA, BAJUS will be the top business organisation in the country, they hoped.