Business

Bangladesh Jewellers’ Association (BAJUS) has announced a reduction in gold and silver prices in the domestic market, effective from Friday. According to a press release issued on Thursday night, the price of top-quality 22-carat gold will fall by Tk1,050 to Tk2,26,806 per bhori. Under the revised rates, 21-carat gold will sell at Tk2,16,484 per bhori, while 18-carat gold will cost ...

The Ministry of Power, Energy and Mineral Resources has proposed reducing value-added tax (VAT) on liquefied petroleum gas (LPG) imports to below 10 percent by reinstating a 15 percent VAT exemption at the import stage. In a letter sent to National Board of Revenue (NBR), the ministry said the Advisory Council agreed to restore the VAT exemption on LPG imports ...

Bangladesh on Wednesday received its first shipment of US corn since 2018, consisting of 57,855 metric tonnes of yellow corn. The consignment arrived at Chittagong Port and was welcomed by officials from US Embassy in Dhaka. The corn, harvested in North and South Dakota and Minnesota during the 2025–26 crop year, was shipped from Vancouver, Washington. The shipment provides Bangladeshi ...

Liquefied Petroleum Gas (LPG) traders on Wednesday threatened to suspend LPG supply and marketing across the country from Thursday unless Bangladesh Energy Regulatory Commission (BERC) announces a revised price adjustment within the next 24 hours. The ultimatum was issued by LPG Traders Cooperative Society Limited during a human chain programme held in front of Jatiya Press Club in the capital. ...

The government on Tuesday approved a proposal to procure 40,000 metric tonnes of bulk granular fertiliser from Saudi Arabia in the current fiscal year (FY26) to meet rising domestic demand. The approval came at the first meeting of the Advisers Council Committee on Government Purchase this year, held at the Cabinet Division Conference Room at the Secretariat, with Finance Adviser ...

The government has decided to import 180,000 metric tons of diesel from India’s state-owned Numaligarh Refinery Limited (NRL) for the period January to December 2026, at a total cost of Tk 1,461.76 crore. The funds will be arranged through Bangladesh Petroleum Corporation’s (BPC) budget and bank loans. The approval was given at a meeting of the Advisory Council Committee on ...

Industry discounts for electric vehicles are “unsustainable”, a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic. Nearly 500,000 of the new cars sold were electric, according to figures from the Society of Motor Manufacturers and Traders (SMMT). SMMT chief executive, Mike ...

The ongoing political tension between Bangladesh and India will not affect the country economy, said Finance Adviser Dr Salehuddin Ahmed on Tuesday. Salehuddin made the remarks after attending a meeting of the Cabinet Committee. ”What happened with cricketer Mustafiz is very unfortunate. We did not initiate such an issue. However, the political tension between India and Bangladesh will not have ...

The Asian Development Bank (ADB) has committed $2.57 billion in new sovereign financing to Bangladesh in 2025, more than doubling its 2024 commitment of $1.18 billion. The 2025 programme targets priority investments in energy, transportation, banking reforms, urban services, climate resilience, small and medium-sized enterprises (SMEs), and the improvement of livelihood and services in Cox’s Bazar. This year’s sovereign lending ...

Bangladesh Jewellers Association (BAJUS) has raised gold prices in the domestic market, increasing the rate of 22-carat gold by Tk 2,216 per bhori. As a result, the price of 22-carat gold has been fixed at Tk 224,940 per bhori. BAJUS announced the decision in a press release issued on Sunday night, stating that the revised prices will come into effect ...