Jewellers have inflated the price of gold by Tk1,505 to Tk1,26,006 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

The central bank of Bangladesh has appointed Muhammad Badiuzzaman Dider as the administrator of mobile financial service provider Nagad. The Bangladesh Bank (BB) made the announcement through a circular issued on Wednesday (August 21). Muhammad Badiuzzaman, who previously served as

The governor of Bangladesh Bank Ahsan H Mansur said that the board of all banks under the control of S. Alam will be dissolved.  He said that the board of the National Bank was dissolved yesterday. Governor Mansur disclosed the information at a press conference on Wednesday

Jewellers have inflated the price of gold by Tk1,516 to Tk1,24,501 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

The employees of metro rail rejoined work today (Aug 20) after 2 weeks’ abstention. Sources said that the staff from grades 10 to 20 returned to work after the board of Dhaka Mass Transit Company Ltd (DMTCL) last night agreed to their demand for a pay hike. The hopes of metro

Islami Bank Bangladesh PLC, owned by the S Alam Group, has dismissed its eight senior officials from their jobs. The dismissals occurred under pressure following the fall of the Sheikh Hasina-led government. The officials are – Additional Managing Director JQM Habibullah,

Over the past 15 years, the Awami League government has been accused of widespread corruption in Bangladesh's electricity sector, particularly in the name of capacity charges.  These charges, paid to power plants for maintaining readiness to generate electricity even when not

Jewellers have inflated the price of gold by Tk2,904 to Tk1,22,985 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

The Bangladesh Bank has asked all commercial banks in the country to limit daily cash withdrawals to no more than Tk3 lakh per customer until further notice. Citing security reasons, the central bank issued this instruction to the managing directors of the banks through a text message

National Board of Revenue (NBR) has summoned bank accounts details of the Mohammad Saiful Alam alias S Alam, and his family members. The NBR's Income Tax Department has sent letters in this regard to all banks from the Dhaka Tax Zone-15. According to letter, the Tax Zone-15 has

Chief Adviser of the Interim Government Professor Dr Muhammad Yunus today asked the country's garment manufacturers to help rebuild the nation after 15 years of plunder by the dictatorship of Sheikh Hasina. The Chief Adviser said the Interim Government inherited a broken economy

Amidst the ongoing instability and recent changes in government, the already troubled banking sector in Bangladesh is encountering fresh turmoil. Protests demanding changes in bank ownership and related reforms have escalated into violent confrontations, leaving depositors deeply

The economic situation of the country is in great crisis. In this situation, economists, business leaders, and industry experts believe that the new interim government should prioritize the private sector's business activities to bring dynamism across the board. They said that it

At least six persons received bullet injuries after a clash between two groups over control of Islami Bank Bangladesh erupted in front of the bank’s head office in the capital's Motijheel on Sunday (August 11) morning. The incident took place as the officials allegedly

The Bangladesh Bank (BB) has asked all commercial banks in the country to limit cash withdrawals to no more than Tk2 lakh per customer this week. The central bank sent this instruction to the banks on Saturday (August 10) night, citing 'security reasons'. It also instructed

Finance and Planning adviser of the interim government Dr Salehuddin Ahmed today said that the new government would try to deliver its best to improve the lives and livelihoods of the people. "We want to establish an equal and just-based society and country and our aim is to

Bangladesh Bank (BB) Governor Abdur Rouf Talukder has resigned from his post on personal ground. He submitted his resignation letter to the Finance Ministry around 3:00pm on Friday. Rouf took charge as the 12th governor of the BB on 12 July, 2022 for a four-year term. He

A source connected to the family of Bangladesh Bank (BB) Governor Abdur Rouf Talukder said he will resign soon after the interim government takes over.  According to the source, the Govornor Rouf is not in a good state of mind after resigning of Sheikh Hasina as the Prime

Commercial banks in the country have been asked not to allow cash withdrawals of more than Tk1 lakh on Thursday. The Bangladesh Bank gave this instruction in an urgent message to the managing directors of the banks on Wednesday night. According to the message, not more than one lakh

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir today (Aug 7) welcomed the process of forming an interim government led by Nobel Laureate Dr Muhammad Yunus. In his statement, he said that BAJUS, representing 25 lakh employees and 40 thousand businesspeople