Friday, 28 Feb, 2025

Business

BB fixes interbank dollar rate at Tk 91.5

The Bangladesh Bank has fixed the interbank exchange rate of the US dollar at Tk 91.5. The price was increased by Tk1.6 from Sunday's rate (Tk89.90). Previously on Sunday, most banks in the country settled import Letters of Credit (LCs) at Tk91.50-Tk92 per dollar, two days after

Jeweller comes under criminal attack in Madaripur 

A jeweller in Madaripur sadar has come under criminal attack for refusal to pay extortion. Two extortionists hacked the trader named Munna Jamaddar demanding Tk 2 lakh extortion on Saturday. The victim received treatment from a local hospital. The attackers have been identified as

Jewellery sector to be revamped under leadership of BAJUS President Anvir

The country’s jewellery sector will be stronger under the apt leadership of Bangladesh Jewellers Association (BAJUS) President Sayem Sobhan Anvir and a training institute will be established for hiking expertise of the goldsmiths. Former BAJUS President Dr Dilip Kumar Roy made

Govt plans to cut source tax on gold to curb smuggling

The government plans to withdraw the existing 5% source tax on the import of gold to encourage imports through the formal channel, finance ministry officials have said. According to the officials, this step is to prevent smuggling of the precious metal. Under the Baggage Rules of

Indian tea gets rejected due to high pesticide 

Both international and domestic buyers have rejected a series of tea consignments due to the presence of pesticides and chemicals beyond permissible limits, Indian Tea Exporters Association (ITEA) chairman Anshuman Kanoria said today. Filling up the vacuum created by crisis-hit Sri

Elon Musk wants to cut 10% job at Tesla over ‘super bad feeling’ about economy

Elon Musk is considering a hiring freeze and job cuts of up to 10% of staff at Tesla because he has a “super bad feeling” about the state of the economy, according to an internal email seen by Reuters. Tesla currently has about 5,000 job openings advertised worldwide, and

Bashundhara Spice sponsors inter-club shooting

Bashundhara Spice has sponsored the ongoing 25th Inter-club Shooting Competition, organised by the Bangladesh Shooting Sport Federation, said a news release on Thursday (June 2). The competition began on Wednesday at the Gulshan Shooting Complex in the capital. On behalf of

Bangladesh to export gold ornaments: BAJUS President 

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir said the country will export gold ornaments. He said: “Bangladesh no more believes in import. From now, the country’s jewellers will export gold ornaments”. Sayem Sobhan Anvir made the

Price of edible oil may come down soon: Tipu

Commerce Minister Tipu Munshi today (June 2) said that edible oil price may come down soon in the local markets as the price of the oil started to decline in the international markets. "The good news is that the prices of edible oil started to decline in the international markets.

Banks to regulate dollar price: BB

Maintaining the market's stability, banks will regulate the US dollar price. In this regard an instruction was given to banks of the country by the Bangladesh Bank (BB), on Thursday (June 2). Executive Director and spokesperson of Bangladesh Bank Sirajul Islam said the banks may

Edible oil price in Bangladesh lower than other South Asian nations

The price of edible oil including essential commodities in Bangladesh is comparatively lower than in other South Asian nations. Recently, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association (BVOVMA) increased the retail price of bottled soybean oil by a record

Buy gold ornaments examining quality & hallmarks: BAJUS

Bangladesh Jeweller's Association (BAJUS) speakers at a meeting have asked customers to buy ornaments assessing quality and hallmarks. They made the call at view of exchange meeting on ensuring quality of gold ornaments held at level 19 of the Bashundhara City Shopping Complex at

Toggi Fun World offers special on bKash payment

Toggi Fun World has offered special discount for customers through digital payment with bKash for any games and rides at the vertically largest theme park in South East Asia. “The users of bKash will enjoy 15 percent cash back on payment in all the exciting rides and games till

Saudi Arabia ranks first globally in date exports

Saudi Arabia has ranked first globally in terms of the value of date exports in 2021, according to the Trade Map of the International Trade Center. The value of Saudi exports of dates in 2021 reached SR1.2 billion ($320 million). The Kingdom also realized the highest annual growth

Tobacco industry causing huge environmental damage: WHO 

The tobacco industry is a far greater threat than many realise as it is one of the world’s biggest polluters, from leaving mountains of waste to driving global warming, the World Health Organization has warned in a new report. The WHO report Tobacco: Poisoning Our Planet,

Israel, UAE sign first Arab free trade agreement

Israel has signed a free trade agreement with the United Arab Emirates, its first big trade accord with an Arab state and a move aimed at boosting trade between the two Middle Eastern nations. The pact was signed in Dubai by Israel’s Minister of Economy and Industry Orna Barbivai

Take immediate action against rice hoarders: Cabinet 

The cabinet has directed the authorities concerned to take prompt action against any kind of hoarding of rice in a meeting with Prime Minister Sheikh Hasina in the chair. The Commerce, food and agriculture ministers and their secretaries have been asked to take immediate steps to find

BB fixes interbank exchange rate for dollar at Tk 89

Bangladesh Bank (BB) today (May 29) has set the interbank exchange rate for dollar at Taka 89. BB Executive Director Md Serajul Islam said the central bank has approved the new rate based on the suggestion of Bangladesh Foreign Exchange Dealers Association (BAFEDA) and the Association

Unregistered pvt hospitals, clinics to face action after Sunday

The Directorate General of Health Services (DGHS) is set to take action against unregistered private hospitals, clinics and diagnostic centres across the country after an end to a 72-hour ultimatum on the closure of such organisations. Director (Hospital) of the DGHS Dr Belal Hossain

Four districts to sell lychees worth Tk 11 billion 

Lychees worth Tk 1,100 crore will be sold this season by Bangladesh’s four northern districts Dinajpur, Rajshahi, Natore and Pabna. The agriculture department of four districts confirming this information said today (May 27), that Madraji and Mozaffari lychees are ready to be