The government on Sunday (March 31) announced that fuel oil prices have fallen for the second consecutive month with the new prices effective from Monday, under a new auto adjustment mechanism for keeping consistency with global rates. In keeping with the new pricing formula introduced

In a groundbreaking move, Mukesh Ambani and Gautam Adani, two of India's billionaires, have entered into their first-ever collaboration for a power project in Madhya Pradesh. According to a PTI report, Reliance Industries, Ambani's conglomerate, has acquired a 26 per cent stake

Online shopping website “Ghorer Bazar” is working to ensure 100% pure and safe food supply. Domestic e-commerce companies have already gained recognition and trust as one of the safest food suppliers in the country Ghorer Bazar started its journey in 2020.  In

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) today (March 28) urged the market committees to cooperate to identify the corrupt traders. Md Amin Helali, FBCCI's senior vice-president, made this call at a meeting between the FBCCI's market monitoring

The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal in principle for importing some 50,000 metric tons of onion from National Cooperative Exports Limited of India. The approval came from the sixth meeting of the CCEA in this year held at the Cabinet Division

The Islamic Trade Finance Corporation (ITFC) signed an agreement on Monday to provide $1.4 billion to the Bangladesh Petroleum Corporation, Saudi Arabia's state news agency SPA reported. The ITFC, part of Saudi Arabia's Islamic Development Bank, said the financing was aimed at

Boeing boss Dave Calhoun will leave at the end of this year amid a deepening crisis over the firm's safety record. Boeing also said that the head of its commercial airlines division will retire immediately while its chairman will not stand for re-election. The firm is under

India has extended its ban on onion exports indefinitely - a surprise move that comes ahead of a general election and is set to exacerbate high prices in some overseas markets. Imposed by India - the world's biggest exporter of the vegetable - in December, the ban was due to expire

Major General Mohammad Ashrafuzzaman Siddiqui, the director general of Border Guard Bangladesh (BGB), has stated that the launch of the Integrated Checkpost (ICP) in Ramgarh, Khagrachari, will significantly benefit the economies of both Bangladesh and India.  According to him,

South Korea's industry ministry said it has discussed ways to broaden the economic ties with Bangladesh, including seeking a bilateral trade and investment promotion framework (TIPF). Trade Minister Cheong In-kyo met with his Bangladesh counterpart, Nurul Majid Mahmud Humayun, in

Despite economic challenges and high feed prices, demand for feed is expected to grow in Bangladesh as large commercial poultry farms expand their operations, according to a report from the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA). 

Umrah travel agencies and tour operators have nearly doubled the price of tour packages per person, with fees expected to triple in anticipation of a heavy rush during Qiyam Al-Layl, the last 10 days of Ramadan. Umrah travel operators in Riyadh have almost doubled the price of

Jewellers have increased the gold price by Tk2,916 to Tk1, 14,073 per bhori in local market within two days of dropping the tariff of the precious metal. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

Reddit has priced its shares at the top of a marketed range, valuing the social media platform at $6.4bn (£5bn). It has raised $748m as it sells 22 million shares for $34 each, making it one of the biggest initial public offerings (IPO) by a social media firm. The shares will

The Chittagong Stock Exchange (CSE) on Wednesday got the license of the country's maiden commodity exchange from the securities regulator nearly four months after the publishing of rules. The Bangladesh Securities and Exchange Commission (BSEC) approved the commodity exchange (CX)

The Bangladesh Jewelers' Association (BAJUS) is going to confer the 'BAJUS Media Award 2024' for the second time and thus invited reporters to submit their reports to take part in the event. The journalists of both Bangla and English, online newspapers and television

Sales at Gucci are expected to fall by 20% in the first quarter due to a slowdown in Asia, according to its Paris-based owner Kering. The warning contrasts with rivals LVMH and Hermès whose sales have remained resilient. The luxury market has grown in the past decade but

Bangladesh Jeweller’s Association (BAJUS) today (March 19) reduced the price of gold has declined in the local market.  The standing committee on pricing and price monitoring of BAJUS fixed new prices of gold at a meeting today. Taking into consideration the overall

The inflow of remittance to Bangladesh in the first 15 days of March has slightly gone down compared to last month, according to the Bangladesh Bank (BB) report. BB's recent report, which was released today (March 18) inflow of remittance this month totaled 1.01 billion US dollars.

Padma Bank PLC has initiated the official process to merge with Shariah-based private commercial Exim Bank PLC. Padma Bank Managing Director Tareq Reaz Khan and Exim Bank Managing Director Mohammad Feroz Hossain signed a memorandum of understanding (MoU) in this regard at an event at