Sunday, 01 Dec, 2024

Business

Gold price dropped by Tk 1,073

Jewellers have lowered the price of gold by Tk 1,073 to Tk 1,17,281 per bhori in the market in Bangladesh amid a tariff drop on ‘pure gold’. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

WB provides $650m to help Bangladesh develop Bay Terminal

The World Bank’s Board of Executive Directors has approved $650 million to help Bangladesh invest in infrastructure critical for developing the Bay Terminal deep seaport. It will significantly improve Bangladesh's global trade competitiveness and reduce import and export

Joint group meeting of Customs held between Bangladesh, India 

India and Bangladesh held the 7th Commissioner level Joint Group of Customs meeting in Shillong on June 27-28.  The meeting was held to foster cooperation, enhance efficiency and advance shared goals in customs administration in order to strengthen collective efforts in customs

Amazon to launch discount section with direct shipping from China

Amazon.com plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, tech news site The Information has reported, citing slides shown to Chinese sellers. The new marketplace, Amazon’s most aggressive

VW to invest up to $5bn in Tesla rival Rivian

German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. Rivian shares jumped by almost 50% after the

Gold price rises by Tk1,400 per bhori

Jewellers have inflated the gold price by Tk 1,400 to Tk 1,18,355 per bhori amid the price hike of pure gold in the local market. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) decided at a meeting on Tuesday (June 25).

GDDA and ShareTrip join forces to offer extra discount on flight tickets

In a momentous collaboration aimed at enhancing benefits for investors, Green Delta Dragon Asset Management Company Limited (GDDA) and ShareTrip convened on June 6, for an exclusive partnership signing ceremony.  The partnership announcement brings forth an additional 1% discount

Bangladesh Jute Products Exhibition Centre inaugurated in Bhutan

Environment, Forest and Climate Change Minister Saber Hossain Chowdhury has said under the leadership of Prime Minister Sheikh Hasina, the incumbent government has taken various initiatives to fulfill Bangladesh's commitment to protecting the world's environment by disseminating

BAJUS to host international jewellery machinery exhibition in July

An international exhibition of jewellery machinery will commence in Dhaka in the first week of July, themed around technology integration in jewellery. “To successfully implement Prime Minister Sheikh Hasina's Vision-2041, BAJUS President Sayem Sobhan Anvir has initiated the

China and EU to hold talks on electric car tariffs

The risk of soaring Chinese electric car prices in the EU could be easing after both sides agreed to negotiate a planned series of import taxes. Top officials from both regions spoke about the tariffs on a call on Saturday and agreed to discuss them further, though frictions remain.

Regional Consultation on GDC Inaugurated in Dhaka

Regional Consultation on Global Digital Compact (GDC), jointly organized by Bangladesh and the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) Secretariat, was inaugurated today at Hotel Intercontinental in Dhaka.  Speaking as the Chief

China car firms seek 25% tax on EU

Chinese car companies have called on Beijing to hit European Union rivals with import taxes of up to 25% if the trading bloc imposes tariffs on vehicles from China, the country's state media has reported. The demand was reportedly made at a closed-door meeting organised by

Over Tk 4.80cr toll collected on Padma Bridge

Over Tk 4.80 crore toll was collected from 44,033 vehicles on the Padma Bridge on Friday, the weekend holiday just before public holiday of the Eid-ul-Azha. Senior Secretary of Bridges Division of the Ministry of Road Transport and Bridges Md Monjur Hossain said while inspecting Padma

BAJUS President urges to boost security of jewellery shops during Eid holidays

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir has urged the chief of the police to strengthen the security of jewellery shops across the country during the holidays, marking Eid-ul-Azha. The BAJUS president made the call in a letter sent to Inspector

World Bank, BAJUS to organise technical training for jewelers

The Bangladesh Jeweller’s Association (BAJUS), under World Bank’s “Accelerating and Strengthening Skills for Economic Transformation (ASSET) Project”, is set to arrange a training programme aimed at enhancing technical skills of jewellers. The World Bank will

Nepal to launch Dhaka-Pokhara flights 

When international flights are not operational, the Pokhara Regional International Airport (PRIA) often faces criticism. Daily international flights from Pokhara have not yet commenced although PRIA has been operational for almost a year and a half. The airport is currently limited

Sales of sacrificial animals begins in Dhaka

Sales of sacrificial animals began in Dhaka's makeshift cattle markets on Thursday (June 13) ahead of the holy Eid-ul-Azha, the second largest religious festival of the Muslim community, said officials concerned. According to the two city corporations, 9 temporary haats have been

US expands Russia sanctions, targets chips sent via China

The United States on Wednesday dramatically broadened sanctions on Russia, including by targeting China-based companies selling semiconductors to Moscow, as part of its effort to undercut the Russian military machine waging war on Ukraine. Among the steps, the US Treasury said it was

Sales of sacrificial animals begin tomorrow in capital

Sales of sacrificial animals at 22 cattle markets including two permanent haats in the capital will start tomorrow (June 13), five days before the second largest religious festival of the Muslim community, said officials concerned. According to the two city corporations, 9 temporary

Gold price rises by Tk1,073 per bhori

Jewellers have inflated the gold price by Tk 1,073 to Tk 1,16,955 per bhori amid the price hike of pure gold in the local market. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) decided at a meeting on Tuesday. The new