The interim government has decided not to proceed with signing gas extraction and supply agreements with four companies. The companies are- India's H Energy, Russia's Gazprom, China's Sinopec, and Uzbekistan's Ariel, according to Energy and Mineral Resources Division

The interim government has instructed six state-owned commercial banks to terminate the contracts of their managing directors and chief executive officers. The Financial Institutions Division (FID) of the finance ministry has issued this directive to the chairpersons of Sonali Bank,

The price of gold rose to a fresh record high of more than $2,609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal. The commodity jumped to as much as $2,609.74 per ounce, two days after the Federal Reserve slashed borrowing costs for the

The High Court (Sep 19) has ordered to appoint a receiver to conduct the functions of the Beximco Group of Companies. HC division bench comprising with Justice A. K. M. Asaduzzaman and Justice Muhammad Mahbub Ul Islam gave the order along with rule after a hearing on September 5 in

Metro rail services between Agargaon and Motijheel have been temporarily halted today (Sept 18) due to a "technical glitch". The train operations were temporarily suspended from 9:40am, the Dhaka Mass Transit Company Limited (DMTCL) said on its verified Facebook page this

Bangladesh Bank has decided that overdue payments for letters of credit (LCs), will be cleared within the next five to six months. Bangladesh Bank (BB) Governor Ahsan H Mansur made the commitment during a virtual meeting between the Bangladesh Bank and the correspondent banks on

 A female garment worker was killed and twenty others were injured during a clash between two groups of workers near the Mascot Garments factory in the Zirabo area of Ashulia on Tuesday. The deceased was identified as Rokeya Begum. According to the Ashulia Industrial Police,

The World Bank (WB) has pledged to provide Bangladesh with $1 billion (100 crore) in lending support for implementing financial sector reforms. Bangladesh Bank Executive Director Husne Ara Shikha told reporters Sunday (Sep 15). The loan package would be approved in World

A US delegation led by Assistant Secretary for International Finance at the Department of the Treasury Brent Neiman held a meeting with Finance Adviser Dr. Salehuddin Ahmed. The meeting was held at the State Guest House Padma on Sunday (September 15) morning. US Assistant Secretary

The state-run Trading Corporation of Bangladesh (TCB) has started selling essential commodities at subsidized prices countrywide today for the month of September. As part of this initiative, rice, lentils, and edible oil will be sold at subsidised rates to around one crore family card

Jewellers have inflated the price of gold by Tk3,581 to Tk1,29,902 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

The owners of the readymade garment (RMG) factories have threatened to keep their factories closed for an indefinite period from Sunday if the workers’ unrest continues.    Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said in a press statement

Finance Adviser Dr. Salehuddin Ahmed today (Sept 14) urged tax officials to change their approach to ensure that taxpayers no longer fear interactions with the revenue department, as the government pushes forward with critical reforms in the banking and revenue sectors.

India's forex reserves jumped $5.2 billion to a fresh all-time high of $689.24 billion for the week ended 30 August, the Reserve Bank of India (RBI) on Friday. Earlier, reserves expanded by $2.3 billion to previous all-time high of $683.99 billion for the week ending on 30 August.

The United States (US) private sector can help unlock Bangladesh's growth potential through trade and investment with the right economic reforms in place. The US Embassy in Dhaka said this today (Sept 14) after a trade and investment-related discussion in the capital.   The

The Indian government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of the international glut to Indian farmers. The government had previously fixed a USD 550 per tonne as the minimum export price (MEP),

Bashundhara Paper Mills Limited (BPML) and Bashundhara Multi Paper Industries Limited (BMPIL), collectively known as the Paper Sector of Bashundhara Group, have been awarded an Honourable Mention in the category of Industry Innovation and Infrastructure at the SDG Brand Champion Awards

A Dhaka court today (Sept 12) issued arrest warrants against former BASIC Bank Chairman Sheikh Abdul Hye Bacchu and four of his family members in a case filed over embezzlement and money laundering of around Tk95 crore. Judge Mohammed Ash-Shams Joglul Hossain of the Metropolitan Senior

Chief Adviser Professor Dr Muhammad Yunus will exchange views with the businessmen this afternoon. The view-exchange meeting will begin at Hotel Intercontinental in the capital at 3 pm today, the chief adviser's press wing said. BDST: 1310 HRS, SEPT 12, 2024 SMS

Five officials and staff members of Bangladesh Oil, Gas, and Mineral Corporation (Petrobangla) were suspended for their involvement in vandalizing the office premises. Petrobangla confirmed the suspensions on Tuesday through an official statement. The suspended individuals include