Oil prices are climbing on fears that the Ukraine-Russia crisis will disrupt supplies across the world. The price of Brent crude, an international benchmark, reached a seven-year high of $97.76 (£72) a barrel on Tuesday. Russia ordered troops into two rebel-held regions in

The jewellery sector of India will get a huge export boost in the United Arab Emirates (UAE) market as it would get duty-free access there, while the gulf nation will get greater access to the gold market here as India will give duty concessions on import of up to 200 tonnes, Commerce

Bashundhara Group Vice Chairman Safwan Sobhan has been elected president of the Bangladesh Economic Zone Investors Association (BEZIA). He represents the Bashundhara Industrial Economic Zone in the platform of local and foreign investors. BEZIA election board chairman Dr Kazi Ertaza

Bangladesh Jewellers' Association (BAJUS) has decided to increase the price of gold in the local market by Tk 1,866 per bhori. The new rate will be effective from Thursday (Feb 10), says a press release signed by MA Hannan Azad, chairman of BAJUS Standing Committee on Pricing and

The production and marketing of bitumen is facing discrimination in taxation structure despite the government’s vision to promote home-grown industries. Despite being an important material for road and highway construction, the local bitumen industry is deprived of policy

Jewellery businessmen demanded setting up a gold bank and a gold exchange in the country to flourish the industry. Bashundhara Group Managing Director and Bangladesh Jewellers Samity (BAJUS) President Sayem Sobhan Anvir sought the intervention of Prime Minister Sheikh Hasinain this

The National Board of Revenue (NBR) has expressed its concern as smuggling of gold into the country is continuing unabated. The NBR also decided to ease the process for gold import from the next fiscal to promote the trade of the precious metal within the legal framework.

Bangladesh Energy Regulatory Commission (BERC) has increased price of 12kg cylinder of liquefied petroleum gas (LPG).   The price has been increased by Tk 62 to Tk 1,240 at the retail level, including the value added tax (VAT).   The new price will be effective from 6:00

Bashundhara Group, the country’s largest business conglomerate, greeted newly-appointed Managing Director and CEO of Social Islami Bank Zafar Alam on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the Group Razib Samad

Bashundhara Group, the country’s largest business conglomerate, greeted NRB Commercial (NRBC) Bank Limited Managing Director and Chief Executive Officer (CEO) Golam Awlia on Wednesday (Feb 2). On behalf of Bashundhara Group, Chief Operating Officer, Banking (Sector-B) of the

India's finance minister has said the country will launch a digital version of the rupee as early as this year, reports BBC. In her annual budget speech, Nirmala Sitharaman also outlined plans for a 30% tax on income from digital assets. It would put profits from trading or

Bangladesh can check gold smuggling apart from earning billions of dollars in foreign currencies, if a vibrant jewellery industry is established here with support from the government.  Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir, also the Managing

Bashundhara Group Chairman Ahmed Akbar Sobhan expressed the hope that the gold industry will surpass the garment sector in terms of export earnings in near future with its increased value addition. “We can earn huge foreign currencies through exporting gold to China and

Agrani Bank Managing Director and CEO Mohammad Shams-ul Islam has recently exchanged views with Kushtia and Chuadanga branch managers of Kushtia Region. At the same time, he inaugurated the Chourhas branch of the bank in the region. He also visited Desh Agro, Subarna Auto Rice Mill,

The Bangladesh Bank on Monday (Jan 24) directed all banks to run with half of their manpower in a bid to contain the spread of COVID-19 infection. A notice issued by the Department of Off-Site Supervision (DOS) of the central bank was sent to all banks across the country in this

Brent crude price in the international market has hit record high at $88 per barrel in the last seven years affecting the production of related products and sparking a great concern. The international market has also seen soaring price of unrefined oil, sources said. Price of crude

The Bangladesh Bank has reduced the limit of loan provided by any bank to a single person or organisation to 25 percent of its total regulatory capital from the previous 35 percent as part of its measures to contain the concentration of loans among a small group of people. From now on,

Khulna City Corporation Mayor Talukder Abdul Khaleque on Sunday said that the Bashundhara bitumen will set a new standard by its superior quality. He said Bashundhara Group, which is contributing to the development of the country as a leading industrial conglomerate, is producing

Bashundhara Group Chairman Ahmed Akbar Sobhan has congratulated newly-appointed Managing Director and Chief Executive Officer of the National Bank Limited Md Mehmood Husain. On behalf of Bashundhara Group Chairman, Chief Operating Officer, Banking (Sector-B) of the Group Razib Samad

Newly-elected executive committee of Bangladesh Jewellers Samity (BAJUS) for Chattogram district took oath on Sunday (Jan 9). BAJUS central committee president Sayem Sobhan Anvir, also Managing Director of Bashundhara Gold Refinery Ltd, congratulated the new BAJUS committee of