Business

Shops, markets and shopping malls across Bangladesh will be allowed to remain open until 9:00pm from Thursday under revised operating hours announced by the government, according to the Bangladesh Shop Owners Association. The association’s President Md Helal Uddin said the decision was communicated by the Ministry of Power, Energy and Mineral Resources. “The minister has informed us that, effective from ...

Prices of several consumer commodities, including cigarettes, nicotine products, imported cashew nuts, premium frozen fish and luxury goods, are likely to rise if the proposed national budget for FY2026–27 is approved. Finance Minister Amir Khosru Mahmud Chowdhury is scheduled to present the Tk9.38 lakh crore budget in the Parliament at 3:00pm on Thursday (11 June). According to budget proposals, the ...

Gold prices in Bangladesh fell sharply again on Thursday as the Bangladesh Jewellers Association (BAJUS) reduced the price of 22-carat gold by Tk4,432 per bhori, a day after announcing a major cut. Under the revised rates, one bhori (11.664 grammes) of 22-carat gold now costs Tk218,350, down from Tk222,782. BAJUS announced the latest adjustment through a statement on Thursday morning ...

The government plans to reduce source tax on 60 essential agricultural and consumer products in the proposed FY2026-27 budget in a move aimed at easing the cost of living and containing inflation. The proposal covers a wide range of daily necessities, including rice, lentils, edible oil, onions and other basic commodities that households regularly consume. According to National Board of ...

Bangladesh on Wednesday signed a financing agreement worth USD$404 million with the World Bank (WB) to support the development of the country’s health, nutrition and population sector. The agreement was signed under the Health, Nutrition and Population Sector Development Program (HNPSDP), financed by the World Bank Group’s International Development Association (IDA). Economic Relations Division (ERD) Secretary Md Shahriar Kader Siddiky ...

Bangladesh Bank has appointed Executive Director Ashraful Alam as an observer to Islami Bank Bangladesh PLC to address the bank’s ongoing challenges, ensure good governance and protect the interests of depositors. The central bank disclosed the development in a notification issued on Wednesday. According to the notification, Ashraful Alam has been appointed as an observer under the provisions of the ...

Gold prices fell sharply in Bangladesh on Wednesday after the Bangladesh Jewellers Association (BAJUS) reduced the price of 22-carat gold by Tk6,591 per bhori. Under the revised rates, one bhori (11.664 grammes) of 22-carat gold now costs Tk222,782, down from Tk229,373. BAJUS announced the latest adjustment through a statement on Wednesday morning with the new rates coming into effect from ...

The Bangladesh Bank has decided to begin the process of winding up five troubled non-bank financial institutions (NBFIs). As part of the move, administrators will be appointed after dissolving the institutions’ boards of directors. The central bank has said that individual depositors of these institutions will be able to recover up to Tk1 million each. The decision was taken at ...

Bangladesh is poised to take centre stage as the prestigious “Theme Country” at the 10th China-South Asia Expo and the 30th China Kunming Import and Export Fair-2026, set to begin on Wednesday at the Dianchi International Convention and Exhibition Centre in Kunming. The six-day mega event is regarded as one of the most important trade gateways to Southwest China and ...

As governments around the world unveil their annual budgets and businesses prepare financial plans for the year ahead, budgeting remains one of the most important tools for managing resources and setting priorities. Yet the modern budget has undergone a remarkable transformation since its origins more than two centuries ago. A budget is generally defined as a financial plan that estimates ...