Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association earlier announced to reduce the price of bottled soybean by Tk 14 to 185 per liter.  The refiners implemented this decision this morning.  A press release signed by Nurul Islam, The executive officer

The government today (July 20) approved separate proposals for procuring some 50,000 metric tons of wheat and some 30,000 metric tons of granular urea fertilizer to meet the growing demand of the country. The approvals came from the 21st meeting of the Cabinet Committee on Government

Commerce Minister Tipu Munshi on Wednesday (July 20) said the government fixed the merchandise export target for the current fiscal year (2022-23) at $58 billion which is 11.36 percent higher than the real export earnings of the last fiscal year (2021-22). The export target from the

After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost 1m subscribers between April and July, as the number of people quitting the service accelerated. But that was not as many as the streaming giant had feared. Asked

Sri Lanka is in the midst of a deep and unprecedented economic crisis that has sparked huge protests and seen its president quit after fleeing the country - but other countries could be at risk of similar troubles, according to the head of the International Monetary Fund (IMF).

The country’s jewellers authority has lowered the price of gold by Tk 1,166.4 to Tk 77,216 per bhori (11.664 grams) in the domestic market. Bangladesh Jeweller’s Association (BAJUS) issued a press release announcing the new price on Sunday (July 17) following fall in gold

The government has reduced the price of bottled soybean oil by Tk 14 per liter to Tk 185. Commerce Ministry Senior Secretary Tapan Kanti Gosh said that the government took the decision to reduce prices of edible oil in domestic market in line with the reduction of prices in the

The country's three private mobile phone operators have paid Taka 2,78,25,000 as administrative fines due to the use of their SIMs in illegal VoIP. The telecom regulator, Bangladesh Telecommunication Regulatory Commission (BTRC), has imposed a financial penalty on the operators for

Uber is being sued in the US by 550 women who were allegedly assaulted by drivers on the ride-hailing platform. The filing includes allegations women passengers "were kidnapped, sexually assaulted, sexually battered, raped, falsely imprisoned, stalked, harassed, or otherwise

Twitter has taken billionaire Elon Musk to court to try to force him to buy the social media firm, setting up a legal battle with the world's richest man. It comes after Mr Musk announced he was walking away from his proposed $44bn (£37bn) takeover of Twitter on Friday. He

The rupee collapsed to close provisionally at 79.60 against the greenback as the safe-haven stampede into dollar-denominated assets brushed aside almost every other currency, including the euro, which was on the brink of parity with the US currency for the first time since 2002. PTI

It has been alleged that the hide of the sacrificial animals is being brought to the tannery without following the government directives. On Monday (July 11) this morning, most of the rawhide that arrived at the tanneries in the leather industrial city, Savar was found without salt.

Uber Technologies Inc. attempted to lobby politicians and flouted laws as part of efforts to expand globally from 2013 to 2017, according to newspaper reports based on leaked documents. The company allegedly received assistance in its efforts from politicians including French President

The government is trying to reduce dependency on imports and focus more on industrialization to diversify the country's export sector. If the Awami League government comes to power in the future will focus on reducing dependency on imports and increasing export-oriented industries.

Sri Lanka's president says he has asked Russia's Vladimir Putin to help his cash-strapped nation import fuel, as it faces its worst economic crisis since independence from Britain in 1948. Gotabaya Rajapaksa said he "had a very productive" discussion with Mr Putin.

Bangladesh Jeweller’s Association (BAJUS) has lowered the price of gold by Tk 1,166 to Tk 78,382 per bhori (11.664 gram). The prices of the precious item have reduced in the domestic market in line with the global market, said a press release of BAJUS on Wednesday (July 6).

Bangladesh Bank (BB) has re-fixed the limits on daily and monthly transactions from Mobile Financial Services (MFS) accounts to bank accounts. From now on, people will be able to make daily transactions of up to Taka 50,000 and up to Taka 3,00,000 monthly from MFS to bank accounts, as

The government has increased the prices of rawhide by Taka 7 per square foot than to the previous year ahead of Eid-ul-Azha. The prices of raw cowhide have been fixed at Taka 47-52 per square foot in the capital and Taka 40-44 outside Dhaka. The decision came from an online meeting

Leading Indian businessmen have expressed their interest to invest in setting up jewellery manufacturing factories in Bangladesh. They have shown the interest after receiving a request from Bangladesh Jewellers’ Samity (BAJUS) President Sayem Sobhan Anvir during an international

Export earnings of the country has fetched a record height of US$52.082 billion in the last fiscal year (FY22) despite the unstable global economic situation mainly caused by the impacts of the COVID-19 pandemic and other global issues. According to the latest statistics of the Export