Newly designed banknotes, containing graffiti of the July Revolution instead of Sheikh Mujibur Rahman’s image, will be circulated in the market by June 2025. These notes will also feature the country’s history, tradition, and historical structures. New banknotes are being designed with these images. But, the notes with Sheikh Mujibur Rahman’s image will also remain in the market. The design ...
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Musk’s $55.8 bn Tesla pay deal again rejected by US judge
A US judge on Monday upheld her decision to reject Elon Musk’s massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote. In a court filing, Chancellor Kathaleen McCormick of Delaware’s Court of Chancery ruled that Tesla’s attempt to ratify Musk’s compensation package through a June shareholder vote could not override ...
Read More »Mega Builders Ltd holds 3-day Housing Fair
Housing construction company Mega Builders Ltd held a 3-day housing fair from November 28 to November 30 at its head office at Banani, Dhaka. The fair was inaugurated by Shah Arif Bin Habib, CEO of Mega Builders Ltd. Executive Director Reza Al Murad Ron, Director Business Development Nahid Haque, and other officials were also present. On the occasion of the ...
Read More »Public concern grows in Bangladesh over price control: VoA survey
Many people in Bangladesh believe that the interim government has faced challenges in managing the rising prices of essential commodities compared to the previous Awami League (AL) government, says a survey conducted by Voice of America (VoA) Bangla. The survey, involving 1,000 participants aged 18 and above from eight divisions across the country, revealed that 44.7% of respondents believe the ...
Read More »Graft-irregularities of 15 yrs can’t be eradicated in 3-4 months: Salehuddin
Finance adviser Salehuddin Ahmed told the businessmen of the country that the country cannot be brought out of the corruption and irregularities of 15 years within just three to four months. However, the economy is recuperating gradually and stability is being brought back. The finance adviser said this while addressing a conference titled ‘Forecast of private sector: expectation and priorities’ ...
Read More »Massive $80 billion gold mine discovered in China
China has unearthed a monumental gold deposit in Waku village, located in Pingyang District, Hunan Province. This groundbreaking discovery is set to significantly boost the country’s gold industry and marks a major milestone in mineral exploration, reads an Independent report on Friday. According to the Geological Bureau of Hunan Province, the mine contains over 40 gold ore veins or layers, ...
Read More »Six weak banks given Tk 22,500 crore printing new notes
Bangladesh Bank Governor Dr Ahsan H Mansur addresses a press conference at the central bank in the capital on Thursday (November 28) Bangladesh Bank Governor Dr Ahsan H Mansur addresses a press conference at the central bank in the capital on Thursday (November 28) Six weak banks have been given Tk 22,500 crore printing new notes, said Bangladesh Bank Governor ...
Read More »Teletalk launches trial online SIM service
Teletalk Bangladesh Limited, the country’s sole state-owned mobile operator, has launched its trial online SIM service. The service started on Wednesday as part of a commercial pilot programme in 11 post offices in Rajshahi, Naogaon, and Chapainawabganj districts under Rajshahi division. Plans are underway to expand the service to post offices nationwide. The trial service was inaugurated in Dhaka where ...
Read More »Currency exchange rates for Thursday
The rising demand for foreign currency exchange is driven by global remittances and expanding cross-border trade fueled by international connectivity. To assist individuals and businesses in staying informed, here are the foreign currency exchange rates as of Thursday: Currency Buy (Tk) Sell (Tk) US Dollar 119.00 120.00 Euro 124.65 129.98 British Pound 149.59 156.01 Japanese Yen 0.78 0.81 Singapore Dollar ...
Read More »US delegation recognizes economic and labor Initiatives at AmCham networking dinner
The American Chamber of Commerce in Bangladesh (AmCham) hosted a networking dinner on November 25, 2024, at the Westin Dhaka to honor a visiting U.S. Delegation from the U.S. Department of State and U.S. Department of Labor. Key figures from the delegation included John Fay, Commercial Counselor; Eric Geelan, Political-Economic Counselor from the U.S. Embassy in Dhaka; and Reed Aeschliman, ...
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