Tuesday, 28 May, 2024

Business

Separate policies to be made for local, int'l markets: BAJUS President

Separate policies will be formulated for domestic and international markets in the jewelry industry, said Sayem Sobhan Anvir, Managing Director (MD) of Bashundhara Group, and President of the Bangladesh Jewelers' Association (BAJUS). BAJUS President Sayem Sobhan Anvir said this

Govt ready to provide support for gold sector: Salman F Rahman

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman has said the government is ready to provide support for the sector having immense potential of growth. He also said jewellers will have to clarify which one they seek from the government as there will be two

BAJUS Fair opens at Convention City Bashundhara

A three-day jewellery exposition, styled "Bajus Fair-2024", kicked off at the International Convention City Bashundhara (ICCB) in Dhaka today (February 8), aiming to promote investment in gold as a means to secure a brighter future. BAJUS President Sayem Sobhan Anvir

BAJUS Fair begins today

BAJUS Fair 2024 will start today at International Convention City Bashundhara in the capital, aiming to promote investment in gold as a means to secure a brighter future. To align with Prime Minister Sheikh Hasina’s Vision 2041, BAJUS President Sayem Sobhan Anvir has planned to

North Korea ends all economic cooperation with South Korea

North Korea’s Supreme People’s Assembly has voted to scrap all agreements signed with South Korea on promoting economic cooperation, the North’s official KCNA news agency reported on Thursday, as the two Koreas’ relations continue to deteriorate sharply. The

3-day BAJUS fair begins in Dhaka tomorrow

The Bangladesh Jewellers’ Association (BAJUS) is going to organise a three-day jewellery fair in the capital from tomorrow (February 8). This year, the theme of the fair is “Shonay Biniyog, Bhobishshoter Shanchay” (Investment in gold, savings for the future),

JCX developing luxury condos in Bashundhara R/A 

JCX Development Limited is developing a luxurious condominium housing facility at the Bashundhara Residential Area in Dhaka. The two buildings of the facility named “Grand Residence” covered 92 kathas of land of JCX in the prestigious neighbourhood in the capital city, said

Korea-Bangladesh Chamber of Commerce & Industry organises ‘Meet the Delegates’

The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) recently organised a "Meet the Delegates" event at Sheraton Dhaka in Banani, aiming to create business opportunities for members of the chamber as well as for other prominent business individuals. Park Young-sik,

Dual policy in crude oil import duty hampers businesses

Private entrepreneurs have been incurring huge losses due to the government's dual policy for determining duty on crude oil import by the public and private sectors, prompting the crude oil importers to demand the same policy for all. Sources reveal that the Bangladesh Petroleum

Iran declares visa-free travel for 28 nations

Iran has recently made a notable announcement, allowing tourists from 28 countries to visit without needing a visa. This new rule, effective from February 5, is aimed at boosting tourism and strengthening international connections. The list of countries benefiting from this

'BAJUS now more organised under Sayem Sobhan Anvir's leadership'

Bangladesh Jeweller’s Association (BAJUS) is now more organised and vibrant than any period in the past under the dynamic leadership of Bashundhara Group Managing Director (MD) and BAJUS President Sayem Sobhan Anvir, according to speakers. The president is playing a key role to

World food price index falls near 3-year lows in January: FAO

The United Nations food agency's world price index fell in January to its lowest level in nearly three years, driven by declines in cereals and meat. The Food and Agriculture Organization's (FAO) price index, which tracks the most globally traded food commodities, averaged

Australian livestock ship returns home because of Red Sea attacks

A ship carrying thousands of livestock that has been stranded at sea for almost a month has finally docked in Australia, where welfare concerns mean some of the animals are expected to be offloaded. About 16,500 sheep and cattle have been stowed on the MV Bahijah since Jan. 5, when it

BAJUS Fair-2024 to boost local gold jewellery industry

The Bangladesh Jeweller’s Association (BAJUS) has hoped that BAJUS Fair-2024, the largest exposition of the country’s jewellery sector, will play a vital role in giving a boost to the domestic gold jewellery industry as well as creating a new position in the global market.

Govt to procure 1 cargo LNG, 60,000 MTs of fertilizer

The government today approved separate proposals for procuring some one cargo LNG and 60,000 metric tons of fertilizer to meet the growing demands of the country.   The approvals came from the 2nd meeting of the Cabinet Committee on Government Purchase (CCGP) this year held today

Elon Musk: Judge blocks 'unfathomable' $56bn Tesla pay deal

A judge in the US state of Delaware has annulled a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla. The lawsuit was filed by a shareholder who argued that it was an overpayment. Judge Kathaleen McCormick ruled that the Tesla board's

Govt will take initiatives for development of gold industry

Prime Minister's Adviser on Private Industries and Investments Salman F Rahman said that the government will sincerely look into the issue of establishing gold ornaments factories in the country and creating export opportunities abroad by meeting the local demand of gold ornaments.

Qatar inks 15-year deal for Bangladesh gas supply

Qatar has signed a deal with US-based Excelerate Energy to supply Bangladesh with natural gas for 15 years, state-owned QatarEnergy said Monday. Doha will supply Excelerate with one million tonnes of liquified natural gas (LNG) a year to be delivered to floating storage units in

Jewellery industry to get highest govt support: Finance minister

Finance Minister Abul Hassan Mahmood Ali has said the jewellery industry will get the highest support from the government for its overall development. He said this at a meeting with Bangladesh Jeweller’s Association (BAJUS) leaders at his Dhanmondi residence in the capital on

Bashundhara City opens 'Mobile City’ and ‘Apparel Corner'

Bashundhara City has opened two new classified spaces — 'Mobile City’ and ‘Apparel Corner'— to serve customers with services of mobile devices, accessories, and clothing respectively. The market authorities opened the new spaces through colourful