World food prices dropped for the seventh month in a row February as falling cereal prices outweighed more costly sugar and meat, the Food and Agricultural Organization said Friday.  The United Nations agency said its FAO Food Price Index dropped 0.7 percent in February and is

The prices of diesel and kerosene have been reduced by 75 paise per litre, octane by Taka 4 and petrol by Taka 3 respectively, according to the energy and mineral resources division gazette notification issued today (March 7). Now the price of diesel and kerosene will be Tk. 108.25 per

A Dhaka court today (Mar 7) ordered the authorities concerned to confiscate the properties of Evaly Managing Director Mohammad Rassel and his wife, Evaly Chairman Shamima Nasrin, in connection with a fraudulence case. Dhaka Metropolitan Magistrate Farah Diba Chanda passed the order

The Trading Corporation of Bangladesh (TCB) has withdrawn its decision to increase the sugar price one day after the declaration. The TCB came up with the decision to sell sugar at Tk 70 per kg on Thursday morning. Earlier on Wednesday (6 March), the TCB fixed per kg sugar price at

Jewellers have raised the price of gold by Tk 2,216 to a record high of Tk 1,12,907 per bhori (11.664 grams) due to a hike in the price of the precious metal on the international market. The Bangladesh Jewellers' Association (BAJUS) on today adjusted the gold price, attributing the

A mobile court operated by Dhaka North City Corporation (DNCC) today (March 6) fined Kacchi Bhai restaurant’s Gulshan-2 branch in the capital Tk 1 lakh for allegedly not having the necessary documents to run the business. Julker Nayen, Zonal Executive Officer and Executive

Libya is keen to provide all possible support to Bangladeshi enterprises and business owners interested in entering its market through partnerships with the private sector and the appointment of Libyan agents. In a meeting with the Ambassador of Bangladesh, Abu Hasnat Bashar, Minister

The Offshore Banking Act of 2024 has been passed in parliament aiming to bolster foreign currency reserves and entice foreign investments. Finance Minister Abul Hassan Mahmood Ali moved the bill and it was passed by voice vote during the parliament session with Speaker Dr Shirin

Prime Minister Sheikh Hasina today (March 5) said that the Muslim countries could introduce a common currency, like the European Union (EU), to boost trade and commerce among them as a delegation of D-8 Trade Ministers called on her.   “It would be very good, if we, the

Bangladesh Restaurant Owners Association (BROA) has urged Prime Minister Sheikh Hasina to intervene and end the crisis, criticizing the ongoing raids on restaurant businesses as excessive and ineffective. “Our meeting with Prime Minister Sheikh Hasina is very crucial at this

Poribesh Bachao Andolan (POBA) today (March 5) demanded the authorities concerned to ensure the selling of chemical, poison and adulteration-free iftar items and food during the holy month of Ramadan.   Speaking at a press conference in the capital today, the POBA leaders alleged

Bangladesh Bank (BB) has fixed office hours from 9:30 am to 4:00pm for all scheduled banks in the country during the Holy month of Ramadan. However, people will be allowed to make banking transactions from 9.30am to 2.30pm, according to a circular issued by the central bank today

As part of the ongoing drive following the Bailey Road fire incident, the authorities sealed off Sultan's Dine and Nawabi Voj restaurants on Bailey Road due to their failure to comply with the relevant terms and conditions in running the business.  Meanwhile, Rajdhani Unnayan

China has set an ambitious growth target of around 5% for this year, as it announced a series of measures aimed at boosting its flagging economy. Premier Li Qiang made the announcement at the opening of the annual National People's Congress (NPC) on Tuesday. Mr Li acknowledged

Food Minister Sadhan Chandra Majumder today (March 4) said 1.5 lakh tonnes of rice will be distributed to 50 lakh families under the Food-Friendly Programme (FPP) during the holy Ramadan.   "One and a half lakh tonnes of food will be distributed to 50 lakh families by March

The government is taking an initiative to sell commodities like egg, broiler chicken, beef, and mutton at low prices in Dhaka from 10 March, Fisheries and Livestock Minister Md Abdur Rahman said on Monday (March 4). He said: “These products will be sold on trucks at 30 spots in

India is set to export 64,400 tonnes of onion to the UAE and Bangladesh through the National Cooperative Exports Ltd (NCEL), according to notifications of the commerce ministry. While export of 50,000 tonnes of onion is permitted to Bangladesh, shipments of 14,400 tonnes were allowed

Japan’s benchmark stock market index has smashed the 40,000 mark for the first time, continuing its comeback after decades of stagnation. The Nikkei 225 gained 1 percent to 40,308.85 during morning trading on Monday, as investors took an upbeat view of Japanese firms following

There has been a remarkable surge in tourist arrivals from Bangladesh to Malaysia in the year 2023, informed Tourism Malaysia-Dhaka in a release.  According to recent statistics released by Malaysian Tourism Board, Malaysia welcomed a staggering total of 142,748 tourists from

The customers will be able to purchase soybean oil at Tk 163 a litre from tomorrow (March 3) , a Tk 10 down from the existing rate. Commerce Minister Ahsanul Islam Titu has disclosed this information apart from mentioning that the daily commodities market will be regulated even outside