Business

US President Donald Trump on Thursday delayed some tariffs targeting Canada and Mexico — leading Ottawa to halt an upcoming wave of countermeasures — in moves that bring reprieve to companies and consumers after blowback on financial markets, reports AFP. Stock markets tumbled after Trump’s duties of up to 25 percent took effect Tuesday, as economists warned that blanket levies ...

Disbursement amount of inward remittances through agent banking rose 21.16 percent to Taka 1,73,390.72 crore at the end of December 2024. At the end of December 2023, the figure was Taka 143,113.28 crore, which increased in September 2024 to Tk 165,659 crore, according to the quarterly report on agent banking published by the Bangladesh Bank (BB). In September 2024 quarter, ...

Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib ordered the seizure of six properties at Gulshan/Mohakhali/Tejgaon I/A and eight plots at Purbachal belonging to NASA Group head Nazrul Islam Mazumdar on Thursday (March 6). In addition, shares worth Tk 56.06 crore from 55 companies have been frozen. Among the assets confiscated are: In Gulshan Model Town- Plot 47 with ...

Commerce Adviser Sk Bashir Uddin on Monday said that the supply of soybean oil in market is expected to return to normal within the next two days. He made the statement on Monday while speaking to the media after visiting the Mohammadpur Town Hall kitchen market. Industries Adviser Adilur Rahman Khan also accompanied him during the visit. Addressing concerns over ...

The price of a 12-kg liquefied petroleum gas (LPG) cylinder has been lowered to Tk 1,450 for March, marking a Tk 28 decrease from February’s price of Tk 1,478. The new pricing took effect at 6 PM on March 3 (Monday), according to the Bangladesh Energy Regulatory Commission (BERC). As per the latest BERC announcement, the cost of LPG per ...

Commerce Adviser Sk Bashir Uddin has said that Trading Corporation of Bangladesh (TCB) would begin sale of commodities across the country from Wednesday (March 5). This programme is already underway in six districts, while 56 more districts will be added to this programme afresh. The Commerce Adviser said this while addressing before the Deputy Commissioners in a virtual meeting regarding ...

Regulated rail fares have gone up in England and Wales by 4.6% and the price of most railcards has risen by £5. The government says fares need to rise so it can invest in the rail system, but Transport Secretary Heidi Alexander acknowledged passengers were “frustrated” by delays and cancellations. Although the government plans to renationalise three rail operators this ...

With the holy month of Ramadan approaching, consumers in Bangladesh are facing contrasting market trends for essential commodities. While bottled soybean oil remains largely unavailable, leading to soaring loose oil prices, the price of dates has significantly dropped due to a surge in imports. Bottled Soybean Oil Crisis Persists Despite increased imports and stable global edible oil prices, consumers are ...

A Bangkok-bound flight of Biman Bangladesh Airlines returned to Dhaka airport after an hour take off due to problems related to reduced cabin pressure. The total number of passengers on the plane is yet to be known. The Biman BG-388 flight, operated by Boeing 737-800 model aircraft from Dhaka to Bangkok, returned from the skies of Myanmar on Friday afternoon. ...

The price of gold has been slightly reduced in the country’s market in the span of four days. The price of 22-carat gold, the highest quality (1 bhori = 11.664 grams), has been decreased by Tk 2,403, bringing it to Tk 150,967 per bhori. This price reduction followed the decline in the price of refined gold in the local market. ...