For the first time in more than three months, Bangladesh Jewellers Samity (Bajus) today reduced the price of gold by 1.24 percent or Tk 1,166 per bhori in line with a fall in the price of the precious metal in the local market.

The immediate outlook for the new year is not as bad as had been predicted before. The Chinese economy is opening up, the industrialised West is adjusting and realigning their economies to the new realities, and a global economic recession does no longer seems inevitable.

Bangladesh would hardly have needed to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.

Keya Islam, who lives in Radhanagar village under Pabna sadar upazila, had started her hand embroidery business about a decade ago in order to help provide for her family.

The Mobile Phone Industry Owners' Association of Bangladesh has recently sent a letter to the telecom regulator seeking more time to preinstall Bijoy software, saying that it requires a different set of tests as well as additional investments. 

Despite the persisting volatility in the global economy and higher  consumer prices in the western markets, Bangladesh’s merchandise shipment grew 5.89 per cent year-on-year to $5.13 billion in January, official data showed yesterday.

Stocks in Bangladesh yesterday rose for the second day in a row as the International Monetary Fund’s recent decision to provide a $4.7 billion loan has allayed concerns about the country’s potential economic condition in the coming days.

United Commercial Bank (UCB) and the Asset Developments & Holdings have signed two memoranda of understanding (MoUs) recently over payroll services for the developer’s employees and preferential benefits on flat purchases by the lender’s employees. 

The South Asian Network on Economic Modeling (Sanem) is going to organise a two-day Annual

The prices of fertiliser, seeds and other agricultural inputs will not be raised further to ensure continuous production and sustainable security of food, Agriculture Minister Muhammad Abdur Razzaque said yesterday.

Once upon a time, there was a man who always bragged about his smartness. One day he came across an old man from his village and boasted, “I am the smartest man in the world. Nobody can match my intelligence.”

As Indian tycoon Gautam Adani’s woes deepen and force him to drop a share sale, foreign

The central bank yesterday relaxed the rules on the provisioning of bank loans to brokerage houses, merchant banks and stock dealers, a move that may make it easier for intermediaries to get credits.    

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

Business-to-business (B2B) startup ShopUp yesterday announced that it had secured $30 million in debt financing from both local and global lenders. 

Opening of letters of credit (LCs) for importing essential commodities meant for Ramadan increased in January, a development that is expected to increase supply of the items during the fasting month, said Bangladesh Bank yesterday.

The quantity of Ramadan essential commodities to be imported through letters of credit (LCs) increased in January, which will help keep the commodity market stable, Bangladesh Bank said today.

Bangladesh Bank has sold US dollar at Tk 101 each to banks for the first time, giving indication that it is likely to devalue the local currency to reflect the market reality.

The International Monetary Fund (IMF) has disbursed $476.27 million to Bangladesh as the first instalments of $4.7 billion loan it approved early this week.

Stocks in Bangladesh rose for the second consecutive day today.