Business

Edible oil prices have increased in Dhaka’s retail markets, while the prices of rice and vegetables have shown a slight downward trend after months of steady hikes. Traders attribute the changes to adjustments in supply chains, including increased rice imports from India and reduced supplier commissions on oil. A visit to several markets in the capital on Friday morning revealed ...

Prices of loose soybean and super palm oil have gone up in the market without any official announcement from refiners and marketers. Over the past three to four days, the price of these two types of edible oil has increased by around Tk 5 per litre. A market visit to Mohakhali, Tejgaon Colony and Karwan Bazar in Dhaka on Wednesday, ...

Gold began selling at a record high in the country’s market on Wednesday, following a sharp increase announced by the Bangladesh Jewellers Association (BAJUS) the night before. With the latest adjustment, the price of 22-carat gold has reached Tk 1,94,859 per bhori (11.664 grams), the highest ever in Bangladesh’s history. BAJUS raised the rate by Tk 3,663 within just a ...

The UK is forecast to see the highest rate of inflation of the world’s seven richest nations this year, according to an influential global policy group. The Organization for Economic Co-operation and Development (OECD) raised its forecast for UK inflation – the rate at which prices rise – to 3.5% across 2025, the highest in the G7. It increased its ...

The Bangladesh government has decided to increase the retail prices of edible oil following sharp rises in international markets, officials confirmed on Monday. The decision was reached during a meeting between Commerce Adviser Sk Bashir Uddin and leading traders at the Secretariat. Both loose and bottled soybean and palm oil will see price hikes, with traders expected to announce the ...

In the bustling streets of Dhaka, countless lives teeter on the edge of survival, where each day’s earnings decide whether families eat or go hungry. Thirty-two-year-old Rina Begum sets up her modest stall near a busy bus stop, balancing two large pots on a makeshift wooden table as she sells puffed rice and fried snacks to rickshaw-pullers, day-labourers, and office-goers. ...

Bangladesh’s leather industry has been struggling to surpass the US $1.0 billion export mark for over a decade, hindered by compliance gaps and insufficient new investment, said sector leaders and economists. Industry stakeholders describe the sector as ‘trapped in a billion-dollar cage’, with multiple challenges preventing it from reaching its estimated $5 billion potential by 2030. Experts highlight inadequate infrastructure, ...

Bangladesh witnessed a year-on-year growth of 23.7 percent in remittance inflows, reaching US$1,770 million in the first seventeen days of September, according to the latest data released by Bangladesh Bank. In the same period last year, remittance inflows stood at $1,430 million. From July to September 17, 2025, expatriates sent a total of $6,669 million in remittances, up from $5,568 ...

An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55 minutes on battery power alone. Built by US aerospace company Beta Technologies, the electric plane is designed for cargo operations – carrying up to 560kg (half a tonne) loads. The flight had simulated a planned cargo route ...

A Dhaka court has sentenced Evaly Managing Director Mohammad Russell and Chairperson Shamima Nasrin to three years of rigorous imprisonment in a case filed over fraud and embezzlement. The verdict was delivered on Thursday by Dhaka Metropolitan Magistrate Md Monirul Islam. Alongside the jail term, the court imposed a fine of Tk 10,000 each, with an additional three months imprisonment ...