The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has extended its support to the jewellers' logical demand for cutting the 5% value-added tax (VAT) on the purchase of gold. "In our neighbouring countries, the tax on gold sales is below 5%. On behalf of

Prime Minister Sheikh Hasina today (July 4) stressed the need for robust trade and commerce between Bangladesh and Spain for mutual benefits. "We want to enhance business between Bangladesh and Spain," she said as Spanish Ambassador here Gabriel Maria Sistiaga Ochoa de

The first-ever international exhibition of jewellery machinery began in the capital on Thursday to promote technology integration in traditional jewellery to make the country’s gold industry an export-oriented one. Chairman of Bashundhara Group Ahmed Akbar Sobhan inaugurated the

The country’s first-ever international exhibition of jewellery machinery has stated in the capital today (July 4) to promote technology integration in traditional jewellery businesses and make the gold industry an export-oriented one. Bangladesh Jeweller's Association

Australian fans of a late morning McDonald's breakfast are having to wake up earlier. The fast food giant has temporarily shortened the hours of its breakfast service in the country by 90 minutes due to an egg shortage caused by a bird flu outbreak. It is currently serving its

The country’s first-ever international exhibition of jewellery machinery will begin in the capital on Thursday to promote technology integration in traditional jewellery businesses and make the gold industry an export-oriented one. Bangladesh Jeweller's Association (BAJUS),

The government has readjusted the price of Liquefied Petroleum Gas (LPG) upward and now a 12 kilogram (Kg) LPG cylinder will be sold to the consumers at Tk 1,366 instead of Tk 1,363. The new prices will come into effect from 6pm on July 2, Bangladesh Energy Regulatory Commission (BERC)

Bashundhara Tea has awarded winners of a campaign to learn the aspirations of lovers of the traditional drink. Officials of the company handed over the prize to 11 winners in the second phase at a function at Bashundhara Industrial Headquarters-2 in the capital on Monday.

An international jewellery machinery exposition will begin for the first time in the country on July 4.  The exhibition, which will begin on July 4 and continue until July 6, aims to enrich the domestic jewellery industry and tap Bangladeshi ornaments' export potential in the

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

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

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.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

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

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).

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

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

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

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 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