The Centre for Policy Dialogue (CPD) on Saturday (December 23) revealed that approximately Tk92,261 crore has been plundered from the country’s banking sector over the past 15 years from 2008. The independent think-tank revealed the facts in a media briefing titled 'Economy

The Centre for Policy Dialogue (CPD) today (December 23) urged the government to focus on structural issues for better economic performance. “The government will have to focus on structural issues since better economic performance will critically hinge on the efficiency of some

A total of 27 companies – 15 from Bangladesh and 12 from China – have won the first-ever “China-Bangladesh Business Excellence Award 2023” for their outstanding performance in boosting the bilateral trade between the two countries during the 10th anniversary of the

Bangladesh Bank (BB) has formed a new board of the National Bank after dissolving the previous one, which has been criticized for a long time due to a lack of good governance. The executive director and spokesperson of Bangladesh Bank Mezbaul Haque confirmed the matter On Thursday

Toyota is recalling roughly 1 million cars in the U.S. because the front passenger air bags may not deploy properly in a crash, posing additional risk of injury to riders, the car maker said Wednesday. A potential defect in the Occupant Classification System (OCS) sensors in the front

East West Media Group Limited (EWMGL) has been honoured with the prestigious Best Tax Payer Award in the Print and Electronic Media category in a commendable recognition of fiscal responsibility. Chairman of the National Board of Revenue (NBR), Abu Hena Md Rahmatul Muneem, presented

Gold price (XAU/USD) struggles to gain any meaningful traction and extends its sideways consolidative price move through the first half of the European session on Tuesday. A slew of influential Federal Reserve (Fed) officials recently downplayed market expectations about an imminent

The gold price in the local market has jumped by Tk 1,166 to Tk 1,09,291 per bhori. Besides, the price of silver has also increased by Tk 385 to Tk 2,099 per bhori. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the

Bangladesh Jeweller's Association (BAJUS) has urged buyers to be more alert while purchasing diamond ornaments as a group of businessmen are involved in running a fake brand in the name of a member of the organisation. BAJUS came up with the warning in a discussion held at

EU leaders Thursday agreed to impose a 12th round of sanctions on Russia over the war on Ukraine, targeting diamond exports and better enforcing an oil price cap. The 27 leaders said in a statement issued during their summit in Brussels that they "welcomed" the approval of

Bangladesh Bank (BB) has lifted the interest-rate cap to unshackle bankers for collecting deposits of three months and above, thus making the interest regime market-based. The central bank now did it as the interest rate on lending has already been made market-based. The Bangladesh

The United States unveiled sanctions Tuesday on individuals and companies based in China, Turkey, the United Arab Emirates and other countries, aiming to disrupt Moscow's military procurement networks amid its war in Ukraine. The latest actions take aim at people and entities

The International Monetary Fund (IMF) has approved the installment of US$682 million in the second portion of the $4.7 billion loan package allocated for Bangladesh. Finance Minister AHM Mustafa Kamal late last night confirmed, saying the approval came at the multilateral lender's

The largest exposition of jewellery sector in the country -- BAJUS Fair 2024-- is slated for February next year to showcase local innovations in gold and diamond products and the excellence of Bangladesh’s goldsmiths. To support the Vision 2041 of Prime Minister Sheikh Hasina,

The US House of Representatives on Monday passed a ban on imports of Russian uranium as lawmakers seek to add pressure on Moscow for its war on Ukraine, though the measure has waivers in case of supply concerns for domestic reactors. The bill must pass the Senate and be signed by

Gold price (XAU/USD) drifts lower for the second straight day on Monday and retreats further from an all-time peak touched last week.  The precious metal remains depressed below the $2,000 psychological mark through the first half of the European session and is pressured by some

SJC gold price fell 0.27% to VND73.8 million ($3,046.82) per tael Monday morning. Gold ring price dropped 0.32% to VND61.55 million per tael. A tael equals 37.5 grams or 1.2 ounces. During the early hours of trading in Asia on Monday, global gold prices rebounded from their recent

Directorate National Consumers' Rights Protection (DNCRP) on Monday (December 11) said that the government agency will take action if illegal stocks of onions are found anywhere in the country. AHM Shafiquzzaman, director general of the DNCRP has warned after taking part in a

The government has taken the initiative to import some 52,000 metric tons of onion from India against the LCs opened earlier in a bid to curtail the price of such an essential item in the local kitchen market. The Ministry of Commerce has already sent a letter to the Bangladesh High

The National VAT (value added tax) Day - 2023 will be observed tomorrow while the National VAT Week - 2023 will continue till December 15 across the country in a befitting manner. The National Board of Revenue (NBR) has chalked out various programmes to mark the National VAT Day and