Friday, 21 Feb, 2025

Business

Gold prices spike to Tk1,54,525 per bhori

Gold prices in Bangladesh have set a new record, with 22-carat gold increased by Tk3,243 to Tk1,54,525 per bhori (11.664 grams). The Bangladesh Jeweller’s Association (BAJUS) Standing Committee on Pricing and Price Monitoring announced the revised rates after a meeting on

Gold prices hit historic high in Bangladesh

Gold prices in Bangladesh have hit a new record, with 22-carat gold increasing by Tk1,470 to Tk1,51,282 per bhori (11.664 grams), marking the highest price ever recorded in the country. The Bangladesh Jeweller’s Association (BAJUS) announced the price adjustment on Monday after a

$131.22M remittances received in 15 days of February

Bangladesh has received a total of $131.22 million in remittances in the first 15 days of February averaging around $8.74 million per day. The information was published by Bangladesh Bank (BB) on Sunday (February 16). According to BB report, remittance inflows in January averaged

Honda, Nissan end merger talks, but continue EV collaboration

Japan’s second and third-largest automakers, Honda and Nissan, have decided to end merger discussions, despite reaffirming their commitment to working together on electric vehicle (EV) development amid growing global competition. In a joint statement on Thursday, the companies

Probe report submission in BB reserve heist case on April 17

A Dhaka court today set April 17 for the submission of a probe report in the case regarding the 2016 Bangladesh Bank (BB) reserve heist.  Dhaka Additional Chief Metropolitan Magistrate Ziadur Rahman set the date as the investigation agency Criminal Investigation Department (CID)

Mostafa Quamrus Sobhan elected as chairman of Rupali insurance ltd

The Board of Directors of Rupali Insurance Company Limited has elected Mr. Mostafa Quamrus Sobhan as the new Chairman of the Company at its 212th Board Meeting, following the passing of former Chairman Mr. Mostafa Golam Quddus. Mr. Mostafa Quamrus Sobhan, a distinguished industrialist

Gold price rises again, nears tk 1.5 lakh per bhori

The price of high-quality (22-carat) gold has increased by Tk 1,994 per bhori, reaching Tk 1,49,812 in the local market today.  The price is now close to Tk 1.5 lakh per bhori. Bangladesh Jewellers Association (BAJUS) announced the new price through a press released on on

Bangladesh, Egypt to launch business forum to boost trade

Bangladesh and Egypt have agreed to create a business forum aimed at enhancing trade and commerce ties by fostering greater private sector engagement.  This decision was made during the second Bilateral Foreign Office Consultations (FOC) held at Egypt’s Ministry of Foreign

Govt battles financial strain but remains committed: Economic adviser

Responsibility inevitably comes with pressure, but it also brings a sense of fulfillment, along with occasional mistakes and setbacks. Despite these challenges, we continue to navigate our duties, especially during this critical period for the nation. Our primary focus is on mitigating

Gold price hits record high in Bangladesh market

The price of gold in Bangladesh has reached a new record as the Bangladesh Jewellers Association (BAJUS) announced another price hike due to rising acid gold (pure gold) prices in the local market. According to BAJUS, the price of 22-carat gold per bhori (11.664 grams) has been

No price hike of essentials during Ramadan, assures adviser 

Commerce Adviser Sheikh Bashir Uddin has assured that there will be no price hike of essential commodities during the upcoming Ramadan, as the country has sufficient imports and stock. Speaking as the chief guest at a policy conclave on "Rational Pricing of Food Products: Market

LPG price rises by TK19 per 12kg cylinder

The Bangladesh Energy Regulatory Commission (BERC) has increased the price of liquefied petroleum gas (LPG) by Tk 19 per 12kg cylinder at the consumer level. The new price was announced at a press conference held at the BERC office in Karwan Bazar on Sunday (Feb 2) afternoon. 

Grand event 'GPH Maharaj Darbar' held by GPH Ispat

Country's one of the leading manufacturers of world-class steel rebar, GPH Ispat Limited, recently organized their grand event 'GPH Maharaj Darbar-2024'.  Through this flagship event, GPH honored their channel partners with special recognition based on their annual

Gold prices reach record high of Tk 1.44 lakh per bhori

Gold prices in Bangladesh have surged to a new record, with 22-carat gold increasing by Tk 2,100 to Tk 1,44,890 per bhori (11.664 grams), marking the highest rate ever in the country. The Bangladesh Jewellers’ Association (BAJUS) Standing Committee on Pricing and Price Monitoring

Gold prices increased again by Tk 1,365 per bhori

The price of 22-carat gold has been raised by BDT 1,365 to Tk 142,786 per bhori in Bangladesh due to a rise in pure gold in the local market. The new prices will take effect from Thursday (January 30), according to the Bangladesh Jewellers Association (BAJUS).  The decision was

Microsoft in talks to buy TikTok, says Trump 

US President Donald Trump said that Microsoft is in talks to acquire TikTok and expressed his desire for a competitive bidding process for the social media platform’s sale. When questioned by reporters about whether the US tech giant was making an offer, Trump responded, "I

Bank of Japan raises rates to highest in 17 years

Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest

VAT hike halted for Mobile bills, medicines, restaurants

The National Board of Revenue (NBR) today (Jan 22) issued four separate notifications canceling the proposed tax increases on mobile bills, restaurant dining, medicine purchases, and broadband internet services. Besides, planned VAT hikes on non-branded clothing and vehicle repair

Melania Trump launches her own cryptocurrency

Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband's inauguration as US president. The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade.

Bangladesh receives $1.21 billion remittance in January

Bangladesh received $1.21 billion (Tk 14,844cr) in remittances during the first 18 days of January 2025. Bangladesh Bank on Sunday (January 19) revealed this report.  According to the report, an average of $67.05 million in remittance was sent daily during the period.