The WGC has long believed that responsible gold mining supports sustained socio-economic development in countries and communities that host gold mining operations, through its contribution to jobs, tax revenue and investment in local communities.  The gold industry makes a

Bashundhara Paper Mills Limited (BPML) has got ‘good exposure’ at the international exhibition of paper industry in United Arab Emirates (UAE) as global participants have showed interest on the quality of the product. According to a press release, over 160 paper businesses

The government today (Feb 22) approved separate proposals for procuring some 1.60 crore litres of soybean oil and 60,000 metric tons of fertilizer to meet the growing demand in the country. The approval came from the 7th meeting of the Cabinet Committee on Government Purchase (CCGP) in

The combined market value of Adani group’s shares fell below $100 billion on Tuesday, a reflection that attempts to reassure investors following a scathing report by a US short seller are falling short. The ports-to-power conglomerate has lost more than $135 billion in market

The government today (Feb 19) inaugurated the Central Complain Management System (CCMS) platform to prevent e-commerce fraud. Commerce Minister Tipu Munshi formally inaugurated the CCMS platform as the chief guest at a function held at the Ministry of Commerce conference room at

Enamul Kabir Sujan has been appointed as the coordinator of U.S. Bangladesh Chamber of Commerce and Industry (USBCCI) Bangladesh part. A bilateral agreement was signed at USBCCI's office in New York, USA in this regard. USBCCI President Md. Liton Ahmed, Director Sheik Farhad,

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade organization of Bangladesh, is going to host the three-day 'Bangladesh Business Summit 2023' on March 11-13 at the Bangabandhu International Conference Center (BICC), Dhaka as part of the

India’s Trinamool Congress MP Jawhar Sircar has sought a clarification from minister for external affairs, Jaishankar, on whether the Narendra Modi government had been “actively involved” in pushing the Adani group’s power project with Bangladesh. The Rajya

KitKat maker Nestle has said it will raise its prices again this year, despite an 8.2% increase in 2022. The world's biggest food company said it would be forced to charge more to cover the increasing cost of ingredients. Nestle, which also makes Buitoni pasta, Buxton mineral

Eminent economist Dr AB Mirza Azizul Islam said that to recover defaulted loans from the directors of private banks, their directorship should be canceled.  If necessary, the property of these debtors should be confiscated as well, he also said. He expressed this opinion while

The directors of various banks are ruining the 60 banks of the country by taking anonymous loans by showing the names of unknown persons in mutual collusion through forgery and irregularities.  The banking sector is being destroyed by their terrible ill activities. The

Center for Policy Dialogue (CPD) distinguished fellow Dr Mustafizur Rahman said the anonymous loan in banking sector gives wrong signal to the economy. "Such fake loans should be stopped to encourage good borrowers. Persons involved in the process should be brought under the

Former Bangladesh Bank Governor Mohammed Farashuddin has suggested for ensuring exemplary punishment for the loan defaulters and their supporters. The eminent economist thinks that political mandate of the government is important to bring order in the country's banking sector.

India's Adani Group as per agreement will take away Tk 1,26,581 crore from Bangladesh in the name of capacity charge. Bangladesh is already paying Tk 20,000 crore to several power companies in the country as capacity charge. Not only that, Bangladesh has to pay huge amounts of US

Key highlights: Gold prices kicked 2023 off to a strong start. Both the Shanghai Gold Price Benchmark PM (SHAUPM) in RMB (+2%) and the LBMA Gold Price AM in USD (+5%) extended their strength from late 2022 The Shanghai-London gold price premium experienced a mild rebound, putting

International Desk Investing in gold can not only offer perks like portfolio diversification but also protection against inflation. Gold — as well as assets like real estate and bonds — have proven to be a solid inflation hedge over the years.  Both Inflation and

Despite economic progress over time, Bangladesh's banking sector is facing crises due to loan default and money laundering by a section of unscrupulous people. Several state-owned and private banks are now in crisis due to non-repayment of loans. As a result, genuine businessmen

Bangladesh Bank (BB) is going to issue new banknotes of Tk 1,000 denomination signed by its governor, Abdur Rouf Talukder, from tomorrow (Feb 16).  It will initially be issued from the Motijheel office of the central bank and later from other branches as well, said a BB press

The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals for procuring some 1 cargo or 33.60 lakh MMBtu LNG from the spot market, 1.10 crore litres of soybean oil and 8,000 metric tons of lentil to meet the growing demand. The approvals came from the 6th

Air India has ordered 470 new aircraft - a record for the aviation industry - as the carrier pushes to become bigger global player. Chairman N Chandrasekaran said the airline had its sights set on becoming "a world-class proposition". He said the orders from Europe's