The United Kingdom's (UK) biggest steelworks has shut down production after more than 100 years, leading to thousands of job losses across South Wales. Blast Furnace 4 - the final furnace operating at Tata Steel's plant in Port Talbot - was fully closed down in the afternoon,

Jewellers have lowered the price of gold by Tk1,260 to Tk1,37,448 per bhori (11.664 grams) in the local market amid a tariff drop on ‘pure gold’. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision

After more than a year, India lifted the ban on the export of non-basmati white rice with immediate effect and reduced the export duty on parboiled rice to 10% from 20%, PTI reported quoting an official notification. The ban by one of the world’s largest exporters of rice was

Chief Adviser Professor Muhammad Yunus on Thursday said his government is committed to improving business environment in Bangladesh through reforms, seeking businessmen’s partnership in the country’s new voyage. “No country is perfect. Neither is Bangladesh.

Chinese Foreign Minister Wang Yi has said his country wants to invest in solar panels manufacturing in Bangladesh and further deepen trade and economic ties with Bangladesh. He made the announcement when he called on Bangladesh Chief Adviser Prof Muhammad Yunus on the sideline of the

Jewellers in Bangladesh have raised the price of gold by Tk3,044 to Tk1,38,708 per bhori (11.664 grams), making a new record for the inflating price of the yellow metal in the market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association

The permanent office of Bangladesh Jewelers Association (BAJUS) has been inaugurated in Moghbazar of Dhaka on Tuesday (Sep 24). The new adress of this jewellers body (BAJUS) has been inaugurated by its executive committee members. New Address of the BAJUS is - 15, New

A large quantity of gold is entering Bangladesh from Middle Eastern countries and being smuggled into India through 30 border districts. Since Bangladesh has become a safe transit route for smuggling, both domestic and international smuggling networks are using it. This is causing the

Jewellers in Bangladesh have raised the price of gold by Tk2,613 to Tk1,35,664 per bhori (11.664 grams), making a new record for the inflating price of the yellow metal in the market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association

A significant price gap between diesel and petrol in Bangladesh and India has allegedly fuelled an ongoing smuggling operation, according to a recent investigation. The difference of Tk22-25 per litre between Kolkata in India and Dhaka in Bangladesh has created an opportunity for

President of China Xi Jinping has announced that China will voluntarily and unilaterally open its market wider, and has decided to give all LDCs having diplomatic relations with China, including 33 countries in Africa, zero-tariff treatment for 100 per cent tariff lines. The

Md Hanif Islam, a resident of Pabna, participated in the “Who will win Repsol Bike” campaign by registering his name through the e-wallet pocket of ABG Bashundhara and was fortunate to win a Repsol bike. Bashundhara Group, one of the country’s leading business

Bangladesh is facing a significant economic crisis due to the rampant gold smuggling from Middle Eastern countries. Both local and international, smugglers use Bangladesh as a transit route, primarily smuggling gold through 30 border districts to India. This illicit trade is costing

Workers of a garment factory have blocked the Dhaka-Mymensingh highway at Bagherbazar point in Gazipur this morning, demanding attendance bonus. Thousands of workers from Golden Refit Garment Limited took to the streets around 10:00am, halting traffic from Chandana intersection to

Bangladesh Bank (BB) Governor Ahsan H. Mansur said that the central bank's key priority is to stabilize the nation's economy by bringing inflation down to 5-7%, maintaining the exchange rate near Tk 120 per dollar, and steadily increasing foreign exchange reserves. 

Jewellers in Bangladesh have raised the price of gold by Tk3,149 to Tk133,051 per bhori (11.664 grams), making a new record for the inflating price of the yellow metal in the market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association

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