Bangladesh's foreign currency reserves crossed the $31 billion mark at the end of June, driven by a record flow of remittance in the 2024–25 fiscal year. Bangladesh Bank (BB) in this regard published data on Tuesday. According to BB country’s current total foreign
BRAC Bank has extended warm congratulations to Banglanews24.com, one of the country’s leading online news portals, on its anniversary. A team from BRAC Bank visited the Banglanews24 office on Tuesday morning to offer their greetings. The team was led by Ikram Kabir, Head
Bangladesh received $2.54 billion (Tk 31,233 crore) in remittance during the first 28 days of June, according to data by the Bangladesh Bank (BB) on Sunday (June 29). According to BB the country received $90.69 million in remittance daily during this period. In comparison, the daily
Gold prices in the local market have dropped again, with the Bangladesh Jeweller's Association (Bajus) reducing the price of 22-carat gold by Tk2,624 per bhori. With the latest cut, the price now stands at Tk170,236 per bhori, effective from Sunday, Bajus said in a statement last
Jewellers in Bangladesh have reduced the price of gold by Tk1,668, setting the new rate at Tk1,72,860 per bhori (11.664 grams), after a decrease in tariffs on pure gold. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made
Global digital payment platform Google Pay has officially launched its operations in Bangladesh, with City Bank PLC introducing the service in partnership with Google, Mastercard, and Visa. The inauguration ceremony was held on Tuesday at the Westin Dhaka, where Bangladesh Bank
A Satkhira court has sentenced Evaly Chief Executive Officer Mohammad Rassel to three months in jail in a cheque fraud case. He was also fined equal amount to the value mentioned in the dishonoured cheque. The verdict was delivered by Judge Md Habibur Rahman of Satkhira Joint
The government today approved proposals to import one cargo of LNG and 30,000 metric tons of fertilizer to meet rising national demand. The decision came during the 23rd meeting of the Advisers Council Committee on Government Purchase (ACCGP), chaired by Finance Adviser Dr Salehuddin
Finance Adviser Dr Salehuddin Ahmed said Tuesday (June 17) that Bangladesh has no immediate plans to raise fuel prices, despite the ongoing Iran-Israel conflict which has triggered concerns over global energy markets. He said, “For now, we are observing. If the war continues for
Bangladesh Jewellers Association (BAJUS) on Saturday raised the price of 22-carat gold by Tk 2,193 per bhori (11.664 grams), setting the new price at Tk 1,74,528. BAJUS said the price was adjusted following a rise in the cost of acid gold in the local market. The new rates will take
Mahmud Hasan Khan, Managing Director of Rising Group, has been elected unopposed as President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the 2025–2027 term. The BGMEA Election Board announced the results after confirming only one valid
Global oil prices rose sharply after Israel confirmed it had launched a strike on Iran, marking a significant rise in tensions across the Middle East. Following the news, both major benchmark oil prices—Brent Crude and Nymex light sweet crude—climbed by more than 10%.
Global aviation giants Airbus and Menzies Aviation have expressed strong interest in forging long-term partnerships with Bangladesh, offering proposals to modernise the national carrier and manage airport ground services. The offers were made during separate meetings in London on
Commerce Adviser Sk. Bashir Uddin today (June 10) said that claims of lower rawhide prices during Eid-ul-Azha are incorrect, assuring that sellers are receiving fair rates. Speaking to reporters after visiting a temporary rawhide preservation center at Zamil Madrasah, he explained that
A fresh round of discussions to address the ongoing trade dispute between the United States and China is scheduled to commence in London on Monday. On Friday, US President Donald Trump revealed that a high-level US delegation, including Treasury Secretary Scott Bessent, Commerce
Bangladesh’s ready-made garment (RMG) sector earned $36.55 billion in export revenue during the first 11 months (July–May) of the ongoing 2024–25 fiscal year, marking a 10.20% year-on-year growth. According to the Export Promotion Bureau (EPB), the RMG sector had
In the proposed FY2025–26 budget, the government has extended the VAT exemption on imported raw materials for sanitary napkin production until 30 June 2030, aiming to reduce prices in the coming fiscal year. Interim Economic Adviser Dr. Salehuddin Ahmed made the announcement
The government in the proposed national budget for the 2025–26 fiscal years has suggested increasing duties and reducing tax exemptions on several products, which may lead to price hikes. Finance Adviser Dr Salehuddin Ahmed made the announcement during his budget speech on Monday
Bangladesh’s caretaker government on Monday proposed a reduction in taxes on key food items and daily essentials, including sugar and soybean oil, as part of its national budget for the 2025–26 fiscal year. Finance Adviser Dr Salehuddin Ahmed unveiled the budget in a
Finance Adviser Salehuddin Ahmed began presenting the national budget for the 2025–26 fiscal year at 3:00pm on Monday (June 2) in a live broadcast on Bangladesh Television. The proposed budget amounts to Tk 7,90,000 crore, marking the first time in Bangladesh’s