Business

The gold price hit a record high of Tk 1,06,376 a bhari (11.664 grams) on the local market as Bangladesh Jeweller’s Association (Bajus) has decided to increase the price of gold Tk 1,750 per bhori. Earlier, the price was Tk 104,626 per bhori (11.664 grams). Bajus has issued a press release on Saturday in this regard. As per the new ...

The level of trade and investments in the Asia-Pacific Region has not yet recovered after the coronavirus pandemic, Russian Deputy Foreign Minister Alexander Pankin told TASS. “The free trade is out of question now, including this region that is generating about a half of the world’s trade and 40% of GDP. Trade and investments did not recover in the region ...

Biman Bangladesh Airlines has decided to spread its wings to south Indian city Chennai from December 16, especially to facilitate Bangladeshi medical service seekers. “It’s a much demanded route for Bangladeshi nationals to India and we have decided to operate three weekly flights on Dhaka-Chennai-Dhaka route,” said Biman Managing Director and Chief Executive Officer (CEO) Shafiul Azim, reports BSS. The ...

US electric car maker Tesla Inc is planning to double the number of components it imports from India, Indian trade minister Piyush Goyal said on Tuesday through a post on social media platform X. “Proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its ...

The state-owned Trading Corporation of Bangladesh (TCB) started selling soybean oil, potato, onion and lentils at a subsidised prices in trucks in the capital on Tuesday (November 14). Commerce Secretary Tapan Kanti Ghosh inaugurated the sale programme in front of TCB Bhaban in Karwan Bazar. Consumers will be able to buy soybean oil at Tk 100 per litre, potato at ...

As Sam Bankman-Fried, former CEO of collapsed crypto exchange FTX, awaits ruling in an ongoing trial, a group of former FTX executives, including one who served as a key witness against Bankman-Fried, are reportedly plan to launch a new cryptocurrency exchange. Ex-FTX general counsel Can Sun and other former company executives aims to solve the problems that doomed their previous ...

The state-owned Trading Corporation of Bangladesh (TCB) will start selling soybean oil, potato, onion and lentils at a lower price in 25-30 trucks to consumers in the capital from Tuesday (November 14). To stabilise the prices of the commodities in the market, this initiative has been taken, said Senior Commerce Secretary Tapan Kanti Ghosh at a press conference in the ...

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday said the authorities can keep their factories closed until vandalism stops and law enforcement agencies can ensure adequate security of the factories. The authorities can do so under Section 13 (1) of the labour law to protect the industry and property, BGMEA President Faruque Hassan said at a press conference ...

The various taxes zone and its offices across the country under the income tax wing of the National Board of Revenue (NBR) have undertaken several additional initiatives to facilitate the filing of returns by public servants, reports BSS. These initiatives include providing training on return filing, opening help desks for them in the taxes zone and thus making them aware ...

Jin Air, a South Korean airline, has expressed its keen interest to enhance its flight operation with regular direct scheduled flights between Bangladesh and South Korea. Already the carrier operated 121 direct chartered flights between Dhaka and Incheon in the last three years, said a press release issued on Saturday. The Airline which is a subsidiary of the national carrier ...