Trading Corporation of Bangladesh (TCB) will start selling commodities items at subsidized rates among one crore family cardholders across the country tomorrow (October 15). Commerce minister Tipu Munshi will formally inaugurate the programme at Dhanmondi Lake, Dingi, Road No 8/A

An independent evaluation process has confirmed that there is a high degree of interoperability between the Responsible Gold Mining Principles and the Responsible Gold Guidance.   The Responsible Gold Mining Principles (RGMPs) – developed by the World Gold Council – is

With the Federal Reserve at the end of its tightening cycle, the vice-grip that monetary policy has exerted on gold through most of 2023 is starting to weaken, giving the market room to run. After hitting a seven-month low last Friday, the precious metal is seeing its best weekly gains

Gold and jewellery traders will keep their shops closed across the country on Sunday (Oct 22) due to Durga Puja, the largest religious festival of the Hindu community. Bangladesh Jewellers Samity (BAJUS) issued a press release on Saturday in this regard. The association requested

Mentioning various measures of the government to address macroeconomic challenges, the International Monetary Fund (IMF) has observed that Bangladesh economy is on the right track. "I think, the economy is on right track in terms of meeting the objective of programme, getting

The gold price in the local market has jumped by Tk 2,333 to record Tk 99,377 per bhori. Standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Wednesday (October 11). The price of 22-carat gold is

A 22-day government ban on catching, selling, hoarding and transporting hilsa will come into effect from midnight (Thursday) to save mother hilsa during peak breeding season.  The ban will continue till November 02 this year.  On September 20, Fisheries and Livestock

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories are not oil producers but

Bashundhara Group Vice Chairman Safwan Sobhan has greeted ATM Tariquzzaman, newly-elected Managing Director (MD) of Dhaka Stock Exchange (DSE). On behalf of Safwan Sobhan, Bashundhara Paper Mills Company Secretary M Mazedul Islam handed over a bouquet to DSE MD at the latter's

Oil prices rallied while the dollar and yen advanced Monday after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East. The crisis fanned concerns about supplies of crude from the region at a time when supply worries are

The government on Sunday (October 8) has decided to sell onions at Tk 35 per kg among the family card holders of Trading Corporation of Bangladesh (TCB) in the capital. TCB will start selling onions at nearly one-third of the existing market price in phases from Monday. The TCB

A company launched Spain's first private rocket on Saturday, conducting Europe's first fully private rocket launch and offering hope for the continent's spluttering space aspirations. Spanish firm PLD Space — which launched its small Miura-1 rocket at 02:19 am (0019

The Women E-Commerce Entrepreneurship Summit (WE Summit) 2023, South Asia's largest summit, has started with the participation of women entrepreneurs and industry stakeholders.  The summit was inaugurated by the State Minister for Culture KM Khalid this morning at

The Bangladesh Jeweller's Association (BAJUS) on Wednesday (Oct 4) announced a reduction in gold prices by Tk1,167 per bhori. The price of gold has been slightly reduced in the country's market, according to a press release by Bangladesh Jeweller’s Association (BAJUS)

Gold prices languished near a seven-month low on Tuesday, weighed down by a robust dollar and elevated bond yields as the likelihood of U.S. interest rates staying higher for longer dominated sentiment. Spot gold was down 0.1% at $1,825.09 per ounce at 1:49 p.m. EDT (1749 GMT), after

United Airlines announced plans on Tuesday to buy 110 new airplanes, expanding its bet that the travel business would grow in the coming years even as evidence mounts that demand for flights is weakening right now. The airline plans to buy 50 Boeing 787 Dreamliners, a twin-aisle plane,

Mr. Sayef Uddin Nasir has joined as the Managing Director (MD) of SMC ENTERPRISE LIMITED.  Mr.Nasirhas multi industry exposure with 3 major multinationals companies - British American Tobacco Bangladesh (BATB), Tetra Pak & Heidelberg Cement and major local conglomerates in

The Bangladesh Energy Regulatory Commission (BERC) has increased the price of a 12kg liquefied petroleum gas (LPG) cylinder by Tk 79 to TK 1,363for the month of September. In August, the price was Tk 1,284.  BERC chairman Nurul Amin announced the new price at a press conference

Non-performing loans (NPLs) in the country's banking sector reached a record high of Tk 1,56,039 crore at the end of June this year, according to the latest Bangladesh Bank data. Such loans rose by Tk 35,383 crore between January and June, and Tk 24,419 crore between March and

Expatriate Bangladeshis sent around US$1,343.66 million remittances during the month of September in the fiscal 2023-24. Remittance earnings of Bangladesh continued to plunge for the third consecutive month with a 13 percent year-on-year drop in September. As per Bangladesh Bank