Business

Gold prices dropped sharply in the domestic market after six consecutive hikes, bringing relief to buyers. Bangladesh Jewellers Association announced on Wednesday morning that it has reduced the price of 22-carat gold by Tk9,214 per bhori, setting the new rate at Tk268,214. The association said the revised price took effect from 10am on Wednesday. In a statement, it said the ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) has announced the formal closure of the Strait of Hormuz — one of the world’s main energy shipping routes — in protest at what it described as threats to assassinate Iran’s Supreme Leader, Ayatollah Ali Khamenei. It also warned that any vessel attempting to pass through the strait in defiance of the restriction would ...

Shoppers faced a surprise jump in grocery inflation last month, as experts warned there was worse to come if there was prolonged war in the Middle East and the odds of a UK interest cut fell sharply. In a blow to households struggling with the cost of living, grocery price inflation rose to 4.3% in the four weeks to 22 ...

Bangladesh Petroleum Corporation (BPC) chairman Md Rezanur Rahman has said that currently the country has 1,36,000 metric tons of fuel oil in reserve. Speaking to reporters on Tuesday at the BPC Bhaban in Karwan Bazar, Rahman said the authorities are considering alternative fuel markets in light of the ongoing war situation. However, he assured that there is no possibility of ...

Bangladesh Railway has started selling advance train tickets for Eid-ul-Fit from Tuesday, aiming to ensure smooth and comfortable travel for homebound passengers. The advance tickets will be available online from March 3 to March 9, while return journey tickets will be sold from March 13 to March 18. All tickets are being sold exclusively through the online platform. Meanwhile, advance ...

Bangladesh’s merchandise exports reached $31.91 billion during July 2025 – February 2026, the first five months of the fiscal year 2026. This reflects a decline of 3.15% compared to $32.92 billion recorded in the corresponding seven-month period of the previous fiscal year, according to EPB data released on Monday. Comparing single-month data, February recorded 12% decline from the same month ...

The newly appointed governor of Bangladesh Bank, Md Mostaqur Rahman, said he would not bow to political pressure and urged bank executives to report any interference directly to him. Speaking at a meeting with The Association of Bankers Bangladesh Limited (ABB) at the central bank on Sunday, the governor said managing directors (MDs) should immediately inform him if they face ...

Gold prices in Bangladesh have risen again, with the rate of 22-carat gold exceeding Tk274,000 per bhori following a fresh hike announced by the Bangladesh Jewellers Association (BAJUS). The association increased the price by up to Tk5,424 per bhori. As a result, the new price of 22-carat gold has been fixed at Tk274,104 per bhori, up from Tk268,680 the previous ...

Prime Bank PLC. and Friendship have launched a landmark climate resilience initiative aimed at protecting Bangladesh’s most vulnerable char communities. Under Prime Bank’s Corporate Social Responsibility (CSR) program, the two organizations signed a Memorandum of Understanding (MoU) to implement “Safe Shores: Empowering Char Communities against Climate Change,” strengthening disaster preparedness and long-term resilience in climate-affected riverine areas. The project aims ...

A total of 54 flights from Dhaka to various Middle Eastern destinations were cancelled from Saturday afternoon until Sunday (1 March) morning due to security concerns following the US-Israeli strikes on Iran and the subsequent closure of regional airspace. Executive Director of Hazrat Shahjalal International Airport (HSIA) Group Captain SM Ragib Samad confirmed the development in a statement issued on ...