Gold prices in Bangladesh have declined by Tk 1,353 per bhori, effective from today (Friday), following a drop in the local market price of refined gold. Bangladesh Jewellers Association (BAJUS) announced the new prices in a notice issued on Thursday (November 20) night. The revised rates will come into effect today, Friday (21 November). According to the notice, the price ...
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Ex-Islami Bank chairman sent to jail
A Dhaka court has ordered the imprisonment of former Islami Bank chairman Obaid Ullah Al Masud in a fraud case. The order was issued on Wednesday by Dhaka Metropolitan Sessions Judge Md Sabbir Foyez after the Anti-Corruption Commission (ACC) produced him before the court and sought his detention. No bail petition was submitted on behalf of the accused. Earlier in ...
Read More »Bangladesh logs $1.9b in remittances in 1st 18 days of Nov
Bangladesh received US$1.9 billion in remittances in the first 18 days of November, according to updated Bangladesh Bank data released on Wednesday. The inflow marks a 30.7% rise compared with the same period last year. From July to November 15, remittances totaled over $12.05 billion, reflecting 15.9% growth year-on-year in the first four and a half months of FY 2025–26. ...
Read More »Global markets fall ahead of Nvidia earnings amid AI valuation concerns
Stock markets around the world slid on Tuesday as investors grew wary of high valuations in the tech sector ahead of Nvidia’s quarterly earnings, with Bitcoin briefly dipping below $90,000 for the first time in seven months before recovering to about $93,000. Major Wall Street indexes closed lower following declines in European and Asian markets. Nvidia shares themselves fell 2.8 ...
Read More »Writ challenges 5 banks merger decision
A writ was filed on Tuesday challenging the decision to merger five troubled Shariah-based banks. Barrister Mahsib Hossain on behalf of investor Shahidul Islam submitted the writ. The five banks are First Security Islami, Union, Global Islami, Social Islami and EXIM. Bangladesh Bank Govornor and finance secretary among the concerned have been made respondents. The Advisers Council approved the merger ...
Read More »Trade union can be formed with only 20 employees, gazette issued
The government has issued a gazette of a new ordinance amending the Labor Act, requiring the formation of a trade union with the consent of at least 20 factory workers. The Legislative and Parliamentary Affairs Department issued the Bangladesh Labor (Amendment) Ordinance, 2025, on Monday. It states that at least 20 workers working in an organization can come together and ...
Read More »DBCCI delegation meets Foreign Affairs Adviser
A delegation from the Dutch-Bangla Chamber of Commerce and Industries (DBCCI) held a meeting with Foreign Affairs Adviser Md. Tauhid Hossain at the Ministry of Foreign Affairs on Sunday (16 November 2025). The discussions focused on key issues including foreign direct investment (FDI), gas exploration and extraction in Bangladesh, organizing Bangladeshi fairs in the Netherlands, and matters related to B2B ...
Read More »Gold price drops by Tk5,447 per bhori
Jewellers have lowered the price of gold by Tk5,447 to Tk2,08,272 per bhori (11.664 grammes) as the price of pure gold has dropped in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Saturday. This fresh cut comes just two days after the association ...
Read More »Economy in ‘waiting vortex’; experts urge credible elections
Bangladesh’s economy is caught in a debilitating ‘waiting vortex’ of stagnant investment, high inflation and weak business confidence, with experts saying only a credible and participatory election can restore stability and drive recovery. The prevailing consensus across the business and policy landscape is that the economy is currently ‘breathing, but unable to walk’ as it is paralysed by political uncertainty ...
Read More »China’s retail sales and factory output weaken as consumer slump persists
Retail spending and industrial activity in China slowed in the latest monthly figures, underscoring the challenges authorities face in trying to revive confidence in the world’s second-largest economy. Despite the end of Covid restrictions, domestic consumption has remained weak, weighed down by a prolonged property-sector debt crisis that continues to hurt household sentiment. Economists have long argued that China must ...
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