Bashundhara Group, the largest business conglomerate of the country, has greeted newly-appointed Dhaka Bank Limited Managing Director and Chief Executive Officer Emranul Huq. Emranul Huq took over as Managing Director and Chief Executive Officer of the Dhaka Bank Limited on February

Russia has more than doubled its key interest rate after the rouble slumped by 30% against the US dollar. Bank of Russia said it raised the rate to 20% from 9.5% to help cushion the impact on prices of the rouble's slide. It came as the UK, along with the US and EU, cut off

Bangladesh will be a model in the world jewellery industry under the leadership of Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir, speakers at a programme in Rajshahi said. Like BGMEA, BAJUS will be the top business organisation in the country, they hoped. 

The United Kingdom, Germany, Italy, Canada, the United States, France and the European Commission agreed to impose new "tough financial sanctions" on Russia, including disconnecting some of its banks from the SWIFT system, German government spokesman Steffen Hebenstreit told

Speakers at a programme in Rangpur on Friday said the jewellery industry will regain its lost glory under the leadership of Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir. They made the remarks while addressing the Rangpur Divisional Representatives’

Jewellery businessmen have proposed to cut the value-added tax (VAT) on retail sales of gold to 2 percent, saying that slashing the VAT rate will help increase the government’s revenue collection from the booming sector. At present, the jewellers have to pay 5 percent VAT on

Oil prices have surged past $100 (£74) a barrel after Russian President Vladimir Putin launched a "special military operation" in the eastern Donbas region of Ukraine. These are the highest levels seen by the international benchmark Brent crude futures in more than

Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supplies across the world. The price of Brent crude, an international benchmark, reached a seven-year high of $97.76 (£72) a barrel on Tuesday. Russia ordered troops into two rebel-held regions in

The jewellery sector of India will get a huge export boost in the United Arab Emirates (UAE) market as it would get duty-free access there, while the gulf nation will get greater access to the gold market here as India will give duty concessions on import of up to 200 tonnes, Commerce

Bashundhara Group Vice Chairman Safwan Sobhan has been elected president of the Bangladesh Economic Zone Investors Association (BEZIA). He represents the Bashundhara Industrial Economic Zone in the platform of local and foreign investors. BEZIA election board chairman Dr Kazi Ertaza

Bangladesh Jewellers' Association (BAJUS) has decided to increase the price of gold in the local market by Tk 1,866 per bhori. The new rate will be effective from Thursday (Feb 10), says a press release signed by MA Hannan Azad, chairman of BAJUS Standing Committee on Pricing and

The production and marketing of bitumen is facing discrimination in taxation structure despite the government’s vision to promote home-grown industries. Despite being an important material for road and highway construction, the local bitumen industry is deprived of policy

Jewellery businessmen demanded setting up a gold bank and a gold exchange in the country to flourish the industry. Bashundhara Group Managing Director and Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir sought the intervention of Prime Minister Sheikh Hasinain this

The National Board of Revenue (NBR) has expressed its concern as smuggling of gold into the country is continuing unabated. The NBR also decided to ease the process for gold import from the next fiscal to promote the trade of the precious metal within the legal framework.

Bangladesh Energy Regulatory Commission (BERC) has increased price of 12kg cylinder of liquefied petroleum gas (LPG).   The price has been increased by Tk 62 to Tk 1,240 at the retail level, including the value added tax (VAT).   The new price will be effective from 6:00

Bashundhara Group, the country’s largest business conglomerate, greeted newly-appointed Managing Director and CEO of Social Islami Bank Zafar Alam on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the Group Razib Samad

Bashundhara Group, the country’s largest business conglomerate, greeted NRB Commercial (NRBC) Bank Limited Managing Director and Chief Executive Officer (CEO) Golam Awlia on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the

India's finance minister has said the country will launch a digital version of the rupee as early as this year, reports BBC. In her annual budget speech, Nirmala Sitharaman also outlined plans for a 30% tax on income from digital assets. It would put profits from trading or

Bangladesh can check gold smuggling apart from earning billions of dollars in foreign currencies, if a vibrant jewellery industry is established here with support from the government.  Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir, also the Managing

Bashundhara Group Chairman Ahmed Akbar Sobhan expressed the hope that the gold industry will surpass the garment sector in terms of export earnings in near future with its increased value addition. “We can earn huge foreign currencies through exporting gold to China and