Thursday, 27 Feb, 2025

Business

6 injured in BCL factional clash at Chattogram College

At least six activists were injured in a clash between two factions of the Chhatra League League (BCL) at Chattogram College in Chattogram on Tuesday (Sep 20). The injured were identified as Safayet Hossain Raju (Mathematics 4th year), Hamim Rafsan (HSC 2nd year), Jahedul Abhi (History

BAJUS issues cautionary notice for buyers & sellers

Bangladesh Jewellers’ Association (BAJUS) has issued a cautionary notice for the buyers and the sellers of gold to bring transparency, accountability, discipline and business standard to the country's jewellery industry. Standing Committee on Anti-Smuggling and Law

Porsche valued at up to $75bn in share sale

German car making giant Volkswagen (VW) has said it is aiming for a valuation of up to 75 billion euros ($75bn; £65.8bn) for Porsche when the luxury brand is floated on the stock market. Trading in the shares is due to start in Frankfurt on 29 September. A prospectus will be

Nearly 100 killed in Kyrgyzstan-Tajikistan border fighting

At least 94 people have been killed in clashes on the Kyrgyzstan-Tajikistan border - the deadliest clashes in years. Fighting between the two Central Asian states broke out on Wednesday, before a ceasefire was brokered on Friday. Clashes regularly erupt between the two former Soviet

Gold price falls by Tk 933 per bhori

Jewellers in the country have reduced gold prices Tk 933 to Tk 82, 348 a bhori (11.664 gram) as price of pure gold fell in the local market. The price of 22-carat gold is now Tk 7,060 per gram while it is Tk 6,740 for 21-carat gold, according to a press release of Bangladesh

Bangladesh targets to export goods worth $100b by 2026

Commerce Minister Tipu Munshi today (Sep 17) said that the government fixed a target of attaining manufacturing goods exports worth $80 billion by 2024 and $100.0 billion by 2026. The Minister was speaking at the "Meet the Overseas Correspondents Association of Bangladesh

Royal fans give London tourism a bump amid UK economic woes

Royal fans have poured into the heart of London to experience the flag-lined roads, pomp-filled processions and, above all, brave a mileslong line for the once-in-a-lifetime chance to bid adieu to Queen Elizabeth II, who died after an unprecedented seven decades on the throne. And while

Gold price drops by Tk 1283 a bhori 

Jewellers lowered the price of gold by Tk 1283 to Tk 83281 a bhori (11.664 gram) as the price of pure gold fell in the local market. The price of 22-carat gold is now Tk 7,140 per gram while it is Tk 6,815 for 21-carat gold, according to a press release of Bangladesh Jeweller’s

Local trading needs to be off limits to foreign jewellery investors: BAJUS

Bangladesh Jewellers’ Association (BAJUS) has been unequivocal in opposing ornament trading in the local market by the foreign investors. BAJUS leaders at a programme in Sylhet said foreign investment in jewellery industry will be beneficial to the upgradation of the sector.

Gold prices go up again by Tk 1,283 a bhori

Jewellers increased the price of gold by Tk 1,283 to Tk 84,564 a bhari (11.664 grams) on the local market. The price of 22-carat gold is now Tk 7,250 per gram while it is Tk 6,920 for 21-carat gold, according to a press release issued by Bangladesh Jeweller’s Association (BAJUS)

Soybean oil price may come down: Tipu Munshi

Commerce Minister Tipu Munshi has expressed optimism that the price of soybean oil may come down in the next one to two months.   "Due to the high value of the US dollar, the price of daily commodities is not decreasing in the country. Commodity prices are expected to fall

BAJUS demands security for gold traders

Bangladesh Jeweller's Association (BAJUS) on Thursday (Sep 8) demanded the security for the gold traders across the country. The trade body appeared to press in protest against the killing of a jeweller by a group of miscreants in Chattogram's Patiya upazila on Tuesday. On

DNCRP to investigate price hike of toiletries

The Directorate of National Consumer Rights Protection (DNCRP) has formed an investigation team to unearth the reasons behind the hikes in prices of personal care toiletries products including soap, aromatic soap, detergent powder, toothpaste, shampoo and cleaner.   The members of

Two cases filed against Alesha Mart chairman 

A customer today (Sep 7) filed two separate cases against the chairman of scam-hit e-commerce platform Alesha Mart. Abdullah Al Mamun filed two cases, one for dishonouring cheque and another for not supplying him motorbikes in spite of paying the price in advance, against Alesha Mart

LPG price hiked by Tk 16 to Tk 1235 

The price of a 12-kg liquefied petroleum gas (LPG) cylinder has increased by Tk 16 to Tk 1,235. Bangladesh Energy Regulatory Commission (BERC) announced the fresh price on Wednesday (Sep 7). The new price rate will come into effect from 2:00 pm today. The price of different

Close evening banking to save power: Bangladesh Bank

Bangladesh Bank has directed to halt evening banking activities in a bid to save electricity. The Banking Regulations and Policy Department of the central bank issued a notification in this regard and sent it to top executives of banks for immediate effect Tuesday. The notification

Euro hits 20-year low against dollar

The euro sunk below $0.99 on Monday, a 20-year-low, following the announcement last week that Russia would cut off gas deliveries to Germany via the Nord Stream pipeline. The euro fell 0.70 percent to 0.9884 dollars Monday at 0535 GMT, its lowest since December 2002. The European

Two new Indian companies to invest in Bangladesh jewellery sector

After Malabar Gold and Diamonds, two other renowned companies of India have expressed their interest to invest in jewellery sector in Bangladesh. Dwarka Gems Ltd and Niraj Jewellers of India signed Expression of Interest (EOI) with Nazabi Group and Manna Sarder Pvt Ltd of Bangladesh in

Two hundred tons of TCB onion spoils 

Onions that were imported by the Trading Corporation of Bangladesh (TCB) from Turkey of 200 tons have been dumped due to rotten near the TCB office in the EPZ area of Chattogram. However, the rotten smell is spreading in the surrounding area. According to TCB sources, after

Bangladesh bags $2.03 billion remittance in August

Bangladesh in the month of August has received remittance of total US$2.03 billion. The latest information was disclosed by a report of Bangladesh Bank on Thursday (September 1). The country received 12.6 percent more remittance than August of the last year. The amount of remittance