Business

Biman Bangladesh Airlines is set to resumes its direct Dhaka-Rome-Dhaka flight early hours of Wednesday after nine years as its third European destination after London and Manchester aspiring to serve large number of expatriate Bangladeshi community residing in Italy. Civil Aviation and Tourism Minister M Faruk Khan inaugurated the opening flight virtually at a ceremony held at at Hazrat Shahjalal ...

Metro Rail will ply one hour more from Wednesday (March 27) or the 16th Ramadan to ensure uninterrupted services to passengers ahead of Eid-ul-Fitr. Instead of up to 8:40pm everyday, the metro rail will ply up to 9:40pm. The Dhaka Mass Transit Company Limited (DMTCL) informed it in the Metro Rail’s new timetable on Tuesday (March 26). The new timetable ...

Individuals found to be involved in financial irregularities will be barred from leading Non-Bank Financial Institutes (NBFIs) as managing director or chief executive officer. The Department of Financial Institutions and Markets of Bangladesh Bank issued detailed guidelines on the appointment of MDs/CEOs for NBFIs on Monday. The move had been sounded out by the central bank in recent weeks, as part of ...

Trade between Bangladesh and India through Benapole-Petrapole land port remained suspended since Monday morning due to India’s DolYatra and Bangladesh’s Independence Day holidays. Though export and import have been suspended, the unloading of goods and other activities of the port remained uninterrupted. Karthik Chakraborty, general secretary of Petrapol C&F Staff Welfare Association of India and Sajedur Rahman, general secretary of ...

Bangladesh Railway on Sunday started selling advance tickets for Eid-ul-Fitr. Tickets are available online. And the ticket sale will continue till March 30. The authorities sale first day’s train tickets for April 3 and tickets for April 4, 5, 6, 7, 8, and 9 will be sold on March 25, 26, 27, 28, 29 and 30 respectively. Bangladesh Railway said that tickets ...

India has extended its ban on onion exports indefinitely — a surprise move that comes ahead of a general election and is set to exacerbate high prices in some overseas markets. Imposed by India — the world’s biggest exporter of the vegetable — in December, the ban was due to expire on Mar 31. Traders had anticipated it would be ...

India’s foreign exchange reserves rose for a fourth straight week to hit a record high of $642.49 billion as of March 15, central bank data showed on Friday, reports Reuters. The reserves rose by $6.4 billion in the reporting week, after rising $20 billion in the previous three weeks. The Indian economy is seen growing at 7.6% this year, one ...

Bangladesh Jewelers’ Association (Bajus) has again announced to increase the price of gold just two days after reducing it. Now the price of gold has been raised by Tk 2,916 per bhori. As a result, the price of 22-carat (11.664 grams) gold has become Tk 1,14,078 per bhori. The Bajus standing committee confirmed the matter with a press release on ...

A total of 80 branches of the country’s various commercial banks will distribute new currency notes of Taka 5, 10, 20, 50 and 100 in the city from March 31 marking the occasion of holy Eid-ul-Fitr. The new notes will be distributed every day until April 9, a Bangladesh Bank press release said in Dhaka on Wednesday. The new note ...

Bangladesh Jewellers’ Association (BAJUS) has decided to cut price of gold by Tk 1,749 per bhori as prices of pure gold have declined in the local market. The new prices will come into effect from Wednesday (March 20), the BAJUS statement said on Monday. Now, 22-carat gold will cost Tk 1,11,158 a bhori (11.664 grammes) from the existing Tk 1,12,907 ...