The USA, UK, Canada, Japan, European Union and countries of G-7 are out to slap ban on import of Russian gold to cripple it economically to retaliate Moscow’s military invasion of Ukraine. Feasibility of the move and aftermath are being discussed right now with a possibility of a

Bangladesh Jeweller's Association (BAJUS) has urged the government to strengthen drives as Tk 73,000 crore is being laundered annually through gold smuggling. "In a recent assessment, we found that gold worth Tk 200 crore is being smuggled into the country everyday. So, the

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday (Aug 11), more than two years after it ended US sales of a product that drew thousands of consumer safety lawsuits. "As part of a worldwide portfolio assessment, we have

Bangladesh Jewellers’ Association (BAJUS) President Sayem Sobhan Anvir put emphasis on multiplied drives against gold smugglers to stop money laundering, protect jewellery sector and the country’s economy. Triggered by the warfare between Russia and Ukraine, the dollar has

US dollar price against local currency taka reached its peak at Tk119 in the kerb market on Wednesday (August 10) despite various measures taken by the Bangladesh Bank (BB).  The price of the dollar has reached its highest in the kerb market which is the biggest fall of

As the ‘Silver hilsa’ fish started reaching the capital from Barguna within just seven hours after the inauguration of the Padma Bridge, its price went up in the local market during the peak fishing season. In the local municipal fish market, although the sale of hilsa has

Bengal Plastics Ltd is awarded LEED Gold Certification by the US Green Building Council, making it the first plastics factory in Bangladesh to receive this distinction.  Bengal Plastics Ltd achieved Gold-Level Certification by implementing a number of measures, including

US dollar price against local currency taka reached its peak at Tk115 in the kerb market on Monday because of the acute shortage of the greenback in the local market.  The price of the dollar has reached Tk115 in the kerb market today (8 August), the biggest fall in taka’s

Bangladesh Jeweller's Association (BAJUS) has reduced exchange and alternate rates for gold ornaments for convenience of customers. From now, jewelery companies will deduct 8 percent in case of exchanging their old gold ornaments or jewelery for new gold ornaments, says a press

Indian automaker Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand. The deal between Tata's electric vehicle subsidiary and the US car

The Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association has urged the government to hike the prices of soya bean oil by Tk 20 per litre. The association placed the proposal to the Bangladesh Trade and Tariff Commission on August 3. They proposed the price of

The non-green fungal plant mushroom farming has been gradually expanding commercially in the country as it has huge demand in the domestic market and export prospects for its plentiful health benefits. The sector people claimed that cultivating mushrooms in Bangladesh gained momentum

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir has made a request to the authorities concerned to award 25 percent of recovered gold to the members of customs and law enforcement agencies concerned. BAJUS President sent three separate letters to Finance

Bangladesh Bank (BB) Governor Abdur Rouf Talukder said country’s economy will soon become stable as all major indicators are coming back on track.    “The trade gap in July has reduced significantly and a rise in inward remittances is giving the economy a breathing

Jewellers have raised the price of gold by Tk 1,050 to Tk 82,348 per bhori (11.664 grams) due to a hike in the price of the precious metal in the international market. A press release was issued by Bangladesh Jewellers Association (BAJUS) on Wednesday (August 3). The price of

The government said the country's inflation rate came down to 7.48% in July. This information was given by Planning Minister MA Mannan at a press conference at the Planning Commission on Wednesday (August 3). He also said the food inflation came down to 8.19% from 8.37% in June.

China has restricted its trade with Taiwan amid elevated tensions over United States House of Representatives Speaker Nancy Pelosi’s visit to the democratically-ruled island. Chinese commerce and customs authorities said on Wednesday they had halted exports of sand, a key

The Executive Committee of National Economic Council (ECNEC) suspended a Tk 236-crore project of Teletalk on commercial introduction of 5-G services in the capital to save dollars on Tuesday (August 2)  The ECNEC meeting was held at the NEC conference room, where Prime Minister

Remittance inflow increased to a fourteen-month high in July which was around 14 percent higher than the previous month of this year.  Bangladesh received $2.09 billion from the migrants overseas in July which was $1.83 billion in June. Remittance flow to Bangladesh also rose

Bangladesh Jeweler’s Association (BAJUS) has urged buyers to buy gold with hallmarks. The leaders of the organisation made the call from the new member recruitment and exchange meeting of Rajshahi unit at Swarnakar Patti of Saheb Bazar in the metropolitan city on Sunday (July