Business

Vegetable prices remain high in the capital’s markets, despite sufficient supply. The prices of all types of vegetables have increased by Tk 10 to 20 per kg. Meanwhile, prices of chicken and eggs have declined slightly. But, the prices of potatoes and onions remain stable in the markets. While visiting Shantinagar, Malibagh, Shewrapara and Mirpur:2, it was found that though ...

The governments of Bangladesh and Sweden Thursday signed a grant agreement aimed at strengthening Bangladesh’s capacity for natural resource management and enhancing its resilience to climate change. As part of the agreement, Sweden will provide approximately 4.9 million Swedish Krona (about Tk 6.16 crore) in grant funding for a new project titled “Strengthening Capacity of MoEFCC, DoE and BFD for ...

The National Board of Revenue (NBR) has revised its baggage rules to make them more traveler-friendly, allowing expatriates to bring gold bars under certain conditions. The updated regulations, formally titled “Baggage Rules for Non-Tourist Passengers, 2025,” were issued on June 2 and came into effect Wednesday (July 2), according to an NBR press release. NBR spokesperson Al-Amin Sheikh said the ...

Bangladesh received a record-high US$30.32 billion in remittances during the 2024–25 fiscal year, marking a significant 26.8% year-on-year increase compared to the US$23.9 billion received in FY2023–24, according to Bangladesh Bank data. The inflow between July 2024 and June 2025 set a new benchmark as the highest annual remittance in the country’s history. The growth trend was bolstered by rising ...

Bangladesh Jewellers Association (BAJUS) has announced a hike in gold prices effective from July 2, marking the beginning of 2025–26 fiscal year.Bangladeshi cuisine recipes The price of 22-carat gold has increased by Tk 1,890 per bhori, bringing it to Tk 172,126 up from Tk 170,236. In a press release issued on Tuesday, BAJUS stated that the adjustment was made due ...

Liquidators for Malaysia’s sovereign wealth fund 1MDB have sued Standard Chartered Bank in Singapore alleging it enabled fraud that led to more than $2.7 billion in financial losses more than 10 years ago. Standard Chartered on Tuesday said that it emphatically rejected the claims. The move is the latest in a wide-ranging effort to recover money belonging to 1Malaysia Development ...

Jean Pesme assumed office on Monday (June 30) as the new World Bank Division Director for Bangladesh and Bhutan. He brings extensive development experience to the role, with a proven track record in fostering economic growth, enhancing financial system resilience and promoting inclusivity, according to a press release. A French national and an engineer by training, Pesme joined the World ...

Tomorrow (Tuesday) is bank holiday. And all types of transaction will remain closed. Share markets’ transaction will also closed on this day. But main branches of all banks and some important branches will remain open. According to Bangladesh Bank sources, every year July 1 is considered as the ‘half-year closing’ in the country’s banking sector. At this time, banks prepare ...

Bangladesh’s foreign exchange reserves have crossed $31 billion for the first time in 24 months, buoyed by fresh inflows from multiple international lenders. According to the Bangladesh Bank, the gross reserves stood at $31.31 billion as of June 29 — the highest since June 2023. Under the IMF’s Balance of Payments and International Investment Position Manual (BPM6) method, which excludes ...

The Group of Seven (G7) nations announced on Saturday that they have agreed to exempt US multinational corporations from a global minimum tax imposed by other countries—a major victory for President Donald Trump’s administration, which had lobbied strongly for the exception. According to a joint statement released by Canada, which currently holds the G7 presidency, the deal allows American companies ...