Business

Jewellers have raised the price of gold by Tk 1,050 to Tk 82,348 per bhori (11.664 grams) due to a hike in the price of the precious metal in the international market. The price of 22-carat gold is now Tk 7,060 per gram while it is Tk 6,740 for 21-carat gold, according to a press release issued by Bangladesh Jewellers ...

Bangla Trac Group founder, group chairman and former chairman of Prime Bank Limited Aminul Huque passed away in Dhaka on Wednesday. Aminul Huque was also the founder of Bangla Trac Group’s business establishments. Aminul Huque was born in 1940. He got his B.Sc. in Mechanical Engineering from Bangladesh University of Engineering and Technology (BUET) in 1962. He was involved in ...

The state-run Trading Corporation of Bangladesh (TCB) has started selling essential items to family cardholders across the country at a subsidized rate. Commerce Minister Tipu Munshi formally inaugurated the operations of the Programme at Babor Road area in the capital’s Mohammadpur on Tuesday morning. Some one-crore families across the country having cards would be able to buy such essential items ...

Trading Corporation of Bangladesh (TCB) will start selling sugar, lentil and soybean oil at subsidised prices to one crore low-income families from Tuesday (August 2) instead of Monday. Although the allocation has started, the products will be available at the consumer level on Tuesday after Commerce  minister will inaugurate the program, TCB said on Monday morning. Only family cardholders can ...

Russian state-run company Gazprom has said it has stopped sending gas to Latvia after accusing it of violating supply conditions, a move the Baltic country said would have little impact on its gas supplies. Russia has already cut off gas supplies to Poland, Bulgaria, Finland, Netherlands and Denmark, which refused to pay for gas in line with an order by ...

Edible oil is still being sold at the previous higher prices, even though the government has announced a reduction in prices of the goods in the country. Consumers are still buying the goods at their previous higher prices, as the markets are yet to see an increase in oil supply. The government and the Bangladesh Vegetable Oil Refiners and Banaspati ...

Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple said demand for its all important iPhone remained strong. Both firms said they were making progress controlling ...

A foreign ship named Maersk Nesna left the Mongla Port in Bagerhat for Poland with Bangladeshi readymade garment (RMG) products for the first time after the launching of the Padma Bridge. Maersk Nesna, a Panama-flagged ship, left the port around 11:30am on Thursday with 17 containers of 27 garment factories. This is the first export shipment of readymade garments to ...

The airline was initially scheduled to resume London-Bangkok flights in November after suspending flights since December last year due to low demand, IANS reported. Tourism operators were hoping the airline would resume flights to Bangkok during the high season, but travel news agency TTG Media said Thailand is not high on BA’s list for flight resumption. This is because this ...

Jewellers have increased the price of gold by Tk 1,314 to Tk 78,530 per bhori (11.66 grams) in the local market on the ground of price hike in the international market. The new price chart will be effective from Wednesday. According to the Bangladesh Jewellers Samity (BAJUS), each bhori of 22-carat gold was fixed at Tk 78,530 which was sold ...