Business

Traders have announced an increase in the price of bottled soybean oil by Tk 6 per litre, while loose soybean oil prices have risen by Tk 3 per litre. In addition, palm oil prices have gone up by Tk 13 per litre. The price revision was confirmed in a press release from the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers ...

Bangladesh Bank (BB) has extended its loan rescheduling facility for raw jute exporters until December 31 this year, allowing them to restructure loans for the next two years with a 2 percent down payment based on their outstanding loans as of December 31 last year. The central bank issued a circular on Monday, stating that the move comes in response ...

China on Sunday warned the United States against escalating trade tensions after President Donald Trump threatened to impose 100% tariffs on Chinese imports, urging Washington to resolve disputes through negotiation rather than threats. “China’s stance is consistent,” the Ministry of Commerce said in an online statement. “We do not want a tariff war but we are not afraid of one.” ...

Power, Energy and Mineral Resources, Road Transport and Bridges and Railways Adviser Muhammad Fouzul Kabir Khan has said that it is very important to control LPG prices to fight against the country’s short-term energy crisis. ”The current price of a 12kg LPG cylinder is around Tk 1,200, but it should come down below Tk 1,000. LPG is largely under the ...

Asian equities edged lower on Friday, capping off a volatile week marked by optimism over a Middle East ceasefire and booming AI investments, tempered by mounting concerns about a US government shutdown and possible overheating in the tech sector. Despite record highs earlier in the week for some markets—as well as gold and bitcoin—investors are increasingly wary that valuations, particularly ...

Robbers looted around 500 bhories of gold ornaments from a jewellery shop inside Fortune Shopping Mall in the capital’s Malibagh area on Wednesday night, owners claimed. According to Ramna Police Station inspector Tariqul Islam, the robbers entered ‘Shompa Jewelers’ breaking lock of the shutter at night. Later, they robbed the gold ornaments. Owners claimed that around 500 bhories of gold ...

The US dollar rose to its strongest in more than two months in early Asian trading on Wednesday as risks around the US government shutdown intensified, sparking fresh investor worries and boosting demand for safe-haven assets. The dollar index which measures the greenback’s strength against a basket of six currencies, rose 0.3% to as much as 98.91, its highest since ...

Gold prices in the country have increased once again, with the price of 22-carat gold now set at Tk 2,02,195 per bhori (11.664 grams), marking a rise of Tk 1,469 from the previous rate. Bangladesh Jewellers Association (BAJUS) announced the new pricing in a press release issued on Tuesday night, stating that the revised rates will come into effect across ...

A company providing accommodation to asylum seekers has made nearly £187m in profits since being awarded lucrative government contracts, despite allegations of “terrible” conditions at the hotels it uses. Clearsprings Ready Homes is one of three companies with 10-year Home Office contracts to provide accommodation services for asylum seekers. The overall expected costs of these services have increased more than ...

Gold prices have surged past Tk 200,000 mark per bhori (11.664 grams) for the first time in history, following yet another hike within 24 hours. The Bangladesh Jewellers Association (BAJUS) announced on Monday night that the price of 22-carat gold has been increased by Tk 3,150 per bhori, effective from Tuesday (October 11). With the latest adjustment, the price of ...