Bashundhara Group, the country’s largest business conglomerate, has started fair price sale of 23 products to ease the sufferings of poor and middle-level customers. With the slogan “Bashundharar Ponno, Bhoktar Jonno (Bashundhara’s Products, Meant for Customers), the

Chinese e-commerce giant Alibaba Group Holding Ltd. BABA 8.64%increase; green up pointing triangle said it plans to split itself into six independently run companies that could seek separate IPOs, effectively dismantling a business empire built over two decades by charismatic entrepreneur

Saudi Aramco, the world's biggest oil producer, has agreed to buy a 10 per cent share in one of China's oil refining giants for 24.6 billion yuan ($3.6 billion), in a move that significantly expands its refining presence and secures future sales into the country. Apart from the

The Industries Minister Nurul Majid Mahmud Humayun today (March 27) said there is no shortage of any product in the market, rather the problem lies in the supply chain. The Minister of Industry remarked this while speaking as a chief guest at the MoU signing ceremony between the

Crisis-hit Pakistan recorded a new high in inflation based on sensitive price indicator (SPI) as it went to around 47% year on year (YoY) the week ended March 22, 2023, according to Pakistan Bureau of Statistics (PBS) data. This came following a continued hike in prices of essential

Russia bought one million ounces (31 tonnes) of gold after its invasion of Ukraine. Following a pause in reporting, Russia shed some light on how much gold it purchased over the past year. As of March 2023, Russia's central bank holds 74.9 million ounces of gold worth $135.6

Oil prices declined on Thursday, snapping a three-day winning streak, Trend reports citing Xinhua. The West Texas Intermediate for May delivery dropped 94 cents, or 1.33 percent, to settle at 69.96 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery

Japan's core consumer prices rose 3.1 percent in February from a year earlier, slowing from a four-decade high as government subsidies on utility bills curbed inflationary pressure while surging food prices threaten to dampen household sentiment, government data showed Friday. The

The gold price in the local market has jumped by Tk 1,166 to record Tk 97,627 per bhori. Standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Thursday (March 23). The price of 22-carat gold is

Farm owners today (March 23) assured that the broiler chicken would be sold from the farms at Tk 190-195 per kg during the month of Ramadan.  Director General of Directorate of National Consumers Right Protection (DNCRP) AHM Shafiquzzaman said this on Thursday (March 23). He

The Bangladesh Bank has decided to sell 25 kilograms of gold in an auction. A notification in this regard will soon be issued. According to the central bank sources, interested certified gold traders can participate in this auction. The gold recovered during smuggling is

The US central bank has raised interest rates again, despite fears that the move could add to financial turmoil after a string of bank failures. The Federal Reserve increased its key rate by 0.25 percentage points, calling the banking system "sound and resilient". But it

Bangladesh Jewelers Association (Bajus) has decided to reduce the price of gold by Tk 1,167 to Tk96,461 per bhori. With the new rate effective from Thursday (March 23), according to a BAJUS release Earlier on March 21, Bajus decided to reduce the price of gold by Tk 1,166 to

Bangladesh and Bhutan today (Mar 22) signed the "Agreement on movement of traffic-in-transit and protocol" at Thimpu, the capital of Bhutan, to ease further bilateral trade between the two countries. Commerce Minister Tipu Munshi and Bhutanese Minister, Ministry of Industry,

The demand for gold is expected to take a hit if the price of the yellow metal which has been hovering around 60,000, a level never seen before - remains elevated. Due to a sharp increase in price in a very short time and the flow of smuggled gold continuing, gold price in Mumbai is

This column’s record with gold miners is chequered at best, dreadful at worst, showing that even sitting on a gold mine is no guarantee of riches. Last week’s full-year results for 2022 from Centamin did not particularly shine, and nor did guidance for 2023, but there may

Bangladesh Jewelers Association (Bajus) has decided to reduce the price of gold by Tk 1,166 to Tk97,628 per bhori.  With the new rate effective from Wednesday (March 22), according to a BAJUS release. Earlier on March 18, the gold price in the local market jumped by Tk 7,698 to

The country’s jewellery sector has been revamped due to pragmatic steps taken by Bangladesh Jewellers Association (BAJUS) President Sayem Sobhan Anvir. Enamul Haque Khan Dolan, former president of BAJUS, was addressing a view exchange meeting with Narsingdi unit leaders and

Troubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed deal. Sunday's announcement came after a weekend of emergency talks in Switzerland between the two banks and the country's financial regulators. The Swiss National Bank said the deal

Regional Sales Conference of Bashundhara LP Gas Limited was held at Momo Inn Hotel, Bogura on Sunday (Mar 19).    MM Jasim Uddin, Chief Operating Officer of Sales and Marketing of Bashundhara LP Gas, inaugurated the event. He welcomed everyone and highlighted the success of