Jewellers lowered the price of gold by Tk 1,166 to Tk 80,131 per bhori (11.664 gram) as price of pure gold fell in the local market. The price of 22-carat gold is now Tk 6,870 per gram while it is Tk 6,560 for 21-carat gold, according to a press release of Bangladesh Jeweller’s

The fourth generation Padma Bank Limited is going to launch Shariah-based “Padma Bank Islami Banking” division. Initiatives have already been taken to open Islamic banking windows in some branches. Islamic banking veteran Salim Anwar has joined as SEVP & Head of Islamic

Prime Minister's Office (PMO) issued a set of directives to the authorities concerned to carry out constant monitoring of the markets to keep normal the prices, stocks and supplies of essential commodities. The PMO held a view exchange meeting virtually with various ministries,

Prime Minister Sheikh Hasina will inaugurate the 14 industrial units and lay the foundation stones for 29 more factories inside the economic zones on Wednesday (Oct 26). Executive Chairman of the Bangladesh Economic Zones Authority (BEZA) Shaikh Yusuf Harun disclosed this while

Bangladesh Jewellers Association (BAJUS) President and Bashundhara Group Managing Director Sayem Sobhan Anvir wants all gold traders to be united under a common platform. This was said by central leaders of the organisation at view exchange meeting with Habiganj unit leaders and

Bangladesh Jeweller’s Association (BAJUS) leaders said the association is working to bring all gold traders under one umbrella to prevent smuggling and establish transparency and accountability in the jewelery business. Central leaders of BAJUS remarked on these at a view

Bangladesh Jeweller’s Association (BAJUS) has planned to establish an institute to impart knowledge of modern design to goldsmiths with demos of advanced technology. BAJUS vice president Dr Dewan Aminul Islam said that central executive committee has chalked out various plans for

The foreign reserve of Bangladesh has dropped to $35.90 billion as of Thursday (Oct 20). According to Bank sources, the increase in Bangladesh Bank’s dollar sales to address the greenback crisis on the market has affected foreign reserves. High import payments coupled with low

Swisscontact Bangladesh hosted a "Meet & Greet” event with over 40 business leaders to acknowledge and highlight the role of the private sector in achieving the Sustainable Development Goals (SDGs).  The event focused on “SDG 17: Partnerships for the

Prime Minister Sheikh Hasina has restored status of the jewellers by a modern gold policy which was time of the day. Leaders of Bangladesh Jewellers’ Association (BAJUS) made the statements during a view exchange meeting with Kurigram district unit on Thursday. BAJUS former

The pound rose against the dollar and government borrowing costs dipped as the markets reacted to Prime Minister Liz Truss's resignation. Sterling hit $1.13 as the Ms Truss made her announcement and rose higher in the afternoon before falling back to $1.12. One analyst said

Bangladesh Jeweller's Association (BAJUS) has sought the intervention of Finance Minister AHM Mustafa Kamal to resolve the complexities related to value-added tax (VAT) in the promising jewellery industry. Former BAJUS President Dilip Kumar Roy made the plea while addressing a

The government today (Oct 19) approved separate proposals in principle to procure some 38.60 lakh metric tons of refined fuel oil and some 16 lakh metric tons of crude oil to meet the growing demand. The approvals came from the 23rd meeting of the Cabinet Committee on Economic Affairs

Bangladesh Jeweller's Association (BAJUS) has instructed gold traders to sell products adhering to VAT. Dr Dilip Kumar Roy, former President of BAJUS and Chairman of organisation’s Standing Committee on District Monitoring, made the instruction on Friday (Oct 14). He was

Dhaka Bank Limited has arranged Tk 9,000 million for Bashundhara Oil and Gas Company Limited (BOGCL) as the lead arranger for supporting the production of bitumen, a major element for infrastructure development. The private lender made the announcement of the syndicated term facility

An eleven-year-old boy has not returned home even after 21 days of his missing in Domar of Nilphamari.  The identity of the boy is Surjo Islam, a student of standard V, and the son of Noor Jamal and Asha Begum. Since the child has not returned home, the family members including

As a part of its continuous efforts for introducing innovative products with advanced technologies and features, Bangladesh's leading electronics brand Walton has invented and manufactured the world’s first extinguisher-integrated television.  German Ambassador in

The International Monetary Fund (IMF) said Tuesday that the world economy was headed for "stormy waters" as it downgraded its global growth projections for next year and warned of a harsh worldwide recession if policymakers mishandled the fight against inflation. The grim

Japan reopened its doors to tourists Tuesday after two-and-a-half years of tough Covid-19 restrictions, with officials hoping an influx of travellers enticed by a weak yen will boost the economy. By mid-morning, tourists from Israel, France and Britain were already pouring in.

Opening of the Shitalakhya Bridge will greatly help to improve the country’s road transport network by facilitating the transport of goods, alleviating traffic jams, and spurring the economic growth of rural areas by linking them to main roads. Financed by the Saudi Fund for