Adviser for giving efforts to cut essentials' prices ahead of Ramadan
IMF approves third review of Sri Lanka’s $2.9bn bailout, but warns of risks
Muslims across Europe are being encouraged to check fruit labels and avoid buying Israeli dates this Ramadan to make sure they are not breaking their fasts with the “taste of apartheid,” organizers of a new boycott said on Saturday. “By choosing not to buy Israeli
German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the world's number four and five economies and push for progress on an EU trade deal despite differences over Ukraine. "We want to further strengthen our bilateral relationship
The Taliban government in Afghanistan has reopened a key border crossing with Pakistan after four days of closure that saw thousands of trucks carrying food and other items stranded at the frontier. Pakistani authorities on Thursday said they will also open their side of the Torkham
The WGC has long believed that responsible gold mining supports sustained socio-economic development in countries and communities that host gold mining operations, through its contribution to jobs, tax revenue and investment in local communities. The gold industry makes a
Bashundhara Paper Mills Limited (BPML) has got ‘good exposure’ at the international exhibition of paper industry in United Arab Emirates (UAE) as global participants have showed interest on the quality of the product. According to a press release, over 160 paper businesses
The government today (Feb 22) approved separate proposals for procuring some 1.60 crore litres of soybean oil and 60,000 metric tons of fertilizer to meet the growing demand in the country. The approval came from the 7th meeting of the Cabinet Committee on Government Purchase (CCGP) in
The combined market value of Adani group’s shares fell below $100 billion on Tuesday, a reflection that attempts to reassure investors following a scathing report by a US short seller are falling short. The ports-to-power conglomerate has lost more than $135 billion in market
The government today (Feb 19) inaugurated the Central Complain Management System (CCMS) platform to prevent e-commerce fraud. Commerce Minister Tipu Munshi formally inaugurated the CCMS platform as the chief guest at a function held at the Ministry of Commerce conference room at
Enamul Kabir Sujan has been appointed as the coordinator of U.S. Bangladesh Chamber of Commerce and Industry (USBCCI) Bangladesh part. A bilateral agreement was signed at USBCCI's office in New York, USA in this regard. USBCCI President Md. Liton Ahmed, Director Sheik Farhad,
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade organization of Bangladesh, is going to host the three-day 'Bangladesh Business Summit 2023' on March 11-13 at the Bangabandhu International Conference Center (BICC), Dhaka as part of the
India’s Trinamool Congress MP Jawhar Sircar has sought a clarification from minister for external affairs, Jaishankar, on whether the Narendra Modi government had been “actively involved” in pushing the Adani group’s power project with Bangladesh. The Rajya
KitKat maker Nestle has said it will raise its prices again this year, despite an 8.2% increase in 2022. The world's biggest food company said it would be forced to charge more to cover the increasing cost of ingredients. Nestle, which also makes Buitoni pasta, Buxton mineral
Eminent economist Dr AB Mirza Azizul Islam said that to recover defaulted loans from the directors of private banks, their directorship should be canceled. If necessary, the property of these debtors should be confiscated as well, he also said. He expressed this opinion while
The directors of various banks are ruining the 60 banks of the country by taking anonymous loans by showing the names of unknown persons in mutual collusion through forgery and irregularities. The banking sector is being destroyed by their terrible ill activities. The
Center for Policy Dialogue (CPD) distinguished fellow Dr Mustafizur Rahman said the anonymous loan in banking sector gives wrong signal to the economy. "Such fake loans should be stopped to encourage good borrowers. Persons involved in the process should be brought under the
Former Bangladesh Bank Governor Mohammed Farashuddin has suggested for ensuring exemplary punishment for the loan defaulters and their supporters. The eminent economist thinks that political mandate of the government is important to bring order in the country's banking sector.
India's Adani Group as per agreement will take away Tk 1,26,581 crore from Bangladesh in the name of capacity charge. Bangladesh is already paying Tk 20,000 crore to several power companies in the country as capacity charge. Not only that, Bangladesh has to pay huge amounts of US
Key highlights: Gold prices kicked 2023 off to a strong start. Both the Shanghai Gold Price Benchmark PM (SHAUPM) in RMB (+2%) and the LBMA Gold Price AM in USD (+5%) extended their strength from late 2022 The Shanghai-London gold price premium experienced a mild rebound, putting
International Desk Investing in gold can not only offer perks like portfolio diversification but also protection against inflation. Gold — as well as assets like real estate and bonds — have proven to be a solid inflation hedge over the years. Both Inflation and
Despite economic progress over time, Bangladesh's banking sector is facing crises due to loan default and money laundering by a section of unscrupulous people. Several state-owned and private banks are now in crisis due to non-repayment of loans. As a result, genuine businessmen