Gold prices hit a historic high of Tk 127,942 per bhori, with the Bangladesh Jewellers Association (Bajus) deciding to bring the new rate into effect yesterday.

Orion Pharma Ltd, a pharmaceutical company of Orion Group, has been provided a rescheduling facility on a forced/demand loan by state-run Agrani Bank with special approval from the Bangladesh Bank.

Japan Delica Co, an importer and processor of seafood, will launch a new business in Bangladesh in October for processing Japanese scallops and selling them in Europe, the United States and other countries, The Japan News reported yesterday.

Even though Bangladesh is an agricultural country, its agricultural product exports grew at a slower pace compared to other goods over the past decade due to a lack of policy support, high costs and the absence of good agricultural practices.

Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.

The Bangladesh Bank yesterday instructed six S Alam-owned banks to stop any money going out of the accounts in the name of the Chattogram-based business giant, its associates’ companies and related persons.

The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.

Oil prices rose 2 percent on Monday on news of fresh production outages in Libya, adding to earlier gains on concerns that an escalating Gaza conflict could disrupt regional oil supplies.

The recent situation in Bangladesh has posed significant challenges for the garment industry, one of the country’s most vital economic sectors. A temporary halt in operations caused by unforeseen events led to considerable disruptions in export-import activities and factory operations.

Gold demand in India during the upcoming festive season is likely to remain robust, as the substantial reduction in import duty has made prices appealing, providing comfort to retail consumers and encouraging purchases, industry officials said.

The Chattogram port has been hit by container congestion again as daily deliveries have slowed in the amid of flash floods, which caused disruptions along the Dhaka-Chattogram Highway since Thursday.

The BFIU found Tk 99.7 crore at the accounts of four companies of Md Akiz Uddin, also a former deputy managing director of Islami Bank Bangladesh

Some 1,008 out of 14,551 towers are inactive in 11 districts

The BFIU also sought information related to their loan accounts with guarantee and loan repayment

The permission was given as rail communication to Kamalapur ICD has remained suspended

Two years ago, Mark Schneider could do nothing wrong; now he seems to get it all wrong

Jewellers raised gold prices by Tk 1,936 a bhori with effect from today

Stocks in Bangladesh yesterday maintained their upward momentum for a second day consecutively as Khondoker Rashed Maqsood, the new chairman of the Bangladesh Securities and Exchange Commission, made an announcement that bolstered investor confidence..Maqsood said that they will conduct a

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) yesterday demanded the abolishment of a provision that allows black money to be whitened without scrutiny by paying a 15 percent tax.

The interim government will not leave any scope for generating black money and the Bangladesh Bank is already working to bring money siphoned off abroad back into the country, Finance Adviser Salehuddin Ahmed said yesterday.