Business

Inward remittance flow to Bangladesh witnessed a seven-month high in March as expatriate Bangladeshis sent a remarkable amount of greenback worth around $2.02 billion to their near and dear ones centring the upcoming holy Eid-ul-Fitr. Expatriates sent home $2.02 billion last month, the highest since September last year when $1.53 billion flew into the country, data from the Bangladesh Bank ...

Bangladesh Energy Regulatory Commission (BERC) has adjusted downward the price of liquefied petroleum gas (LPG) by Tk 244 per 12kg cylinder to Tk 1,178 from the existing rate of Tk 1,422 as sold by the private companies. The new price is effective from today, according to a BERC notice. With the revised price, per kg of LPG will be Tk ...

Chairman of Amin Mohammad Group Alhaj MM Enamul Haque passed away at his Gulshan residence in the capital on Saturday. He died around 11:18pm. He was 64. Alhaj MM Enamul Haque was also the President of Editorial Board of Dainik Shomoyer Alo. He left behind wife, two sons, a daughter and a host of relatives and well-wisher to mourn his ...

Gold prices in the country has set a new record, with each bhori (11.66 grams) now fixed at Tk 99,144. Bangladesh Jewellers Association (Bajus) has fixed this all-time high rate which is going be implemented from Sunday (April 2, 2023). The Bajus revealed the details in a press release, signed by its standing committee’s vice-chairman Enamul Huq Bhuiyan Liton, on ...

The government has approved the commercial cultivation of vannamei shrimp — also known as king prawn — in Bangladesh. The Ministry of Fisheries and Livestock approved the cultivation of vannamei shrimp in a letter to the Director General of the Fisheries Department on March 29. At the same time, guidelines for commercial shrimp cultivation in Bangladesh were provided. Vannamei shrimp ...

Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed Thursday, paving the way for his likely appointment in the coming months. “In accordance with established procedures, the executive directors will conduct a formal interview with the candidate in Washington, DC, and expect to conclude the presidential selection in ...

Japan on Friday unveiled planned export controls on 23 items used to make semiconductors, following US pressure for countries to restrict Chinese access to the technology. The move was announced as Tokyo confirmed its top diplomat will visit Beijing this weekend, the first Japanese foreign minister to make the trip in over three years. As the world’s second- and third-largest ...

All advance tickets for the journey over the upcoming Eid-ul-Fitr will be sold online in order to avoid overcrowding at rail stations for tickets, and to facilitate passengers to book tickets from home in a hassle-free way. Passengers will be able to purchase the tickets from April 17 to 30, said a press release of the Ministry of Railways. Passengers ...

The government’s agricultural subsidy is set to increase by nearly 63 percent, or Tk 100 billion, to Tk 260 billion in the current fiscal year due to a surge in international fertiliser prices. Finance ministry officials have confirmed that the agricultural subsidy will be increased in the revised budget to provide farmers with additional relief from rising fertilizer costs in ...

Researcher Anna Vanderbruggen peers into a vat of dark bubbling liquid, the result of a process she has developed to recover graphite from old lithium-ion batteries. Although graphite represents up to a quarter of the weight of the batteries, no one has yet come up with a viable plan to recycle it, according to Vanderbruggen. The 29-year-old researcher is still ...