Sunday, 18 May, 2025

Business

Gold prices hiked again

Jewellers have raised the price of gold by Tk1,365 to Tk1,67,098 per bhori (11.664 grams), just a day after lowering it in the local market. The decision was made at a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association

Gala Opening Ceremony of Phoenix Convention Centre (PCC): A New Era for Signature Events Begins

The Phoenix Convention Centre (PCC) was officially inaugurated on the evening of 16 May 2025, marking a new chapter in Dhaka’s event and hospitality sector. The Gala Opening Ceremony, held at the centre’s stunning location on Phoenix Plaza (Lift 8), Tejgaon, brought together

CA for establishing 'Microcredit Bank' to empower youth entrepreneurs

Chief Adviser Professor Muhammad Yunus on Saturday (May 17) called for the establishment of a dedicated Microcredit Bank to provide collateral-free loans to young entrepreneurs, saying microcredit has evolved beyond the traditional NGO framework. He said, “Microcredit is the real

Gold prices drop

The Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk 3,452 per bhori, effective from Friday. According to the new rates, 22-carat gold is now priced at Tk 1,65,734 per bhori, down from Tk 1,69,186 on Thursday.  The price drop follows a decline in the

Novoair to resume flights on May 22

Novoair, the country’s oldest operating private airline, announced today that it will resume flight operations from May 22, following a 19-day suspension. "I am very happy to announce that we are starting flight operations from next Wednesday," said Managing Director

Shakib Al Hasan fined Tk 2.26cr over share price manipulation

Bangladesh’s top cricket star and former national team captain Shakib Al Hasan has been fined Tk 2.26 crore by the country’s capital market regulator for manipulating share prices of a listed company. The penalty was imposed by the Bangladesh Securities and Exchange

US-Saudi Arabia seal landmark $142bn arms deal

The United States and Saudi Arabia have finalized a $142 billion arms agreement, marking one of the largest defense deals between the two nations. Announced during President Donald Trump’s visit to Riyadh, the deal includes advanced weaponry, fighter jets, missile defense

Bashundhara tissue launches new “3-ply Bashundhara Toilet Tissue”

Bashundhara Tissue, a concern of the Bashundhara Group, officially unveiled its latest innovation, the “3-ply Bashundhara Toilet Tissue,” at a launching ceremony held at the Level-5 Training Hall of the Bashundhara Industrial Headquarters (BIHQ) in Dhaka on Wednesday. The

Gold price rises again

The price of gold has been increased by Tk3,662 per bhori (11.664 grams), just four days after a previous reduction, bringing the new price to Tk1,74,948 per bhori. The decision was made during a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh

LPG cylinder price drops by Tk 19

The price of Liquefied Petroleum Gas (LPG) has been lowered for May, according to an announcement by the Bangladesh Energy Regulatory Commission (BERC) on Sunday (May 4). The price of a 12kg LPG cylinder has been reduced by Tk 19, bringing it down from Tk 1,450 to Tk 1,431. The new

Gold prices drop again

Gold prices in Bangladesh have dropped once again, just 10 days after the previous adjustment, according to an announcement by the Bangladesh Jewellers Association (BAJUS). The price of 22-carat gold has been reduced by Tk 3,569 per bhori (11.664 grams), setting the new rate at Tk

Forex reserves climb to $27.41 billion

The country’s foreign currency reserves have risen to $27.41 billion as of Wednesday, the Bangladesh Bank said today. Based on IMF standards, reserves stand at $22.04 billion, with net reserves at about $17 billion — just $1 billion short of meeting a key IMF bailout

Bashundhara City to remain closed on May Day

Bashundhara City Shopping Mall will remain closed on Thursday, 1 May, in observance of International Workers' Day, according to a public notice from the authorities. All regular shopping activities will be suspended for the day.  However, Toggi Fun World and Star Cineplex

Bangladesh-Pakistan Business Forum 2025 opens

The Pakistan-Bangladesh Business Forum, 2025 was inaugurated in Dhaka today (April 28) aiming to enhance bilateral trade and commercial cooperation between the two countries. Bangladesh’s Adviser for Commerce, Sk. Bashir Uddin, and Pakistan’s High Commissioner to

100-member Chinese business delegation to visit Dhaka

A 100-member Chinese business delegation, led by Commerce Minister Wang Wentao, is set to visit Dhaka soon, Bangladesh’s Ministry of Foreign Affairs announced on Monday (April 28). The plan was discussed during a meeting between Foreign Secretary Jasim Uddin and a visiting

Senior leadership promotions at BRAC Bank  

Tareq Refat Ullah Khan and Syed Abdul Momen promoted to AMD and Nazmur Rahim and Md. Muniruzzaman Molla to DMD Dhaka, Saturday, April 26, 2025: BRAC Bank has promoted four senior leadership team members to Additional Managing Director (AMD) and Deputy Managing Director (DMD)

Bangladesh-Japan economic dialogue held in Tokyo

The 6th Bangladesh-Japan Public-Private Economic Dialogue (PPED) was held at the Ministry of Economy, Trade and Industry (METI) auditorium in Tokyo on Wednesday (April 23). The Bangladesh delegation was led by M Siraz Uddin Mia, Principal Secretary to the Prime Minister’s

Gold price cut by Tk5,342 after record high

The price of 22-carat gold dropped by Tk5,342 per bhori on Wednesday, just a day after reaching a historic high of Tk1,72,546. The Bangladesh Jeweller’s Association (BAJUS) made the announcement in a press release, stating that the new rate would come into effectfrom this

IMF cuts global growth forecast due to tariff impact

The International Monetary Fund (IMF) has downgraded its US economic growth projection for this year, marking the largest cut among advanced economies, due to the uncertainty surrounding trade tariffs.  The new forecast for the US stands at 1.8%, down from an earlier estimate of

Gold price hits new record at Tk 177,888

The price of gold in Bangladesh has hit a new record, as the Bangladesh Jewellers’ Association (BAJUS) announced an increase of Tk 5,342 per bhori (11.664 grams) for 22-carat gold.  The new rate is set at Tk 177,888 per bhori, effective from Wednesday (April 23). BAJUS