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Gold price raised to record high of Tk 84,564 a bhori

Bangladesh Jewellers’ Association (Bajus) has increased the price of gold record high in the country’s market again by Tk 1,285. The price of 22-carat gold has been fixed at Tk 84,564, which was sold at Tk 83,280 till Saturday. It is the highest price in the country’s gold market. It was confirmed in a press release, signed by Enamul Huque ...

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Soybean oil price likely to drop within 2 months

Commerce Minister Tipu Munshi has expressed hope that the price of soybean oil will be dropped within next two months. He said, “The price of soybean oil has dropped in the global market, but the price of the dollar has increased in the country. The price of oil in the world market is adjusted with the price of the dollar. ...

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From UK to S. Africa, countries face huge energy bills

Gas and electricity costs are soaring due to a post-pandemic surge in demand and Russia’s invasion of Ukraine, creating an energy crisis of a magnitude unseen in half a century. As EU energy ministers hold emergency talks on Friday, here is a look at the challenges and options countries from Britain to Sri Lanka are facing: – Massive bills – ...

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Apple unveils iPhone 14 with satellite messaging

Apple Inc introduced a range of new iPhone 14 models capable of sending a call for help via satellite during an emergency, as well as the crash-detection ability and an adventure-focused Ultra Watch. The iPhone 14 models will test Apple’s ability to wring dollars from its relatively affluent customer base, which has kept spending in the face of rising inflation ...

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12kg LPG cylinder price hiked by Tk 16

Liquefied petroleum gas (LPG) price has been raised by Tk 16 to Tk 1,235 per 12-kg cylinder at the retail level. Bangladesh Energy Regulatory Commission (BERC) has hiked the price due to high rate of dollar exchange. It announced the new price at a virtual press briefing on Wednesday.Now, a 12kg cylinder will be sold at Tk 1,235, which was ...

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Australian central bank hikes cash rate to seven-year high

Australia’s central bank hiked interest rates to a near eight-year high Tuesday as it joins others in trying to bring down sky-high inflation and warned further increases were likely that would hit families’ pockets. The Reserve Bank of Australia lifted borrowing costs 50 basis points to 2.35 per cent, the highest since that start of 2015, reports AFP.   The ...

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Euro hits 20-year low against dollar

The euro sunk below $0.99 on Monday, a 20-year-low, following the announcement last week that Russia would cut off gas deliveries to Germany via the Nord Stream pipeline. The euro fell 0.70 percent to 0.9884 dollars Monday at 0535 GMT, its lowest since December 2002. The European currency has continued to weaken against the dollar since the start of the ...

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Uber’s contribution to Bangladesh economy accounts for Tk 45b

The world’s largest ride-sharing company Uber contributed Tk 45 billion to Bangladesh economy in the year of 2021, said a report. UK-based policy research firm named Public First researched and compiled Uber’s 2021 Bangladesh Economic Impact Report and released the outcome on Sunday. The way as to how Uber helped transform the on-demand economy for riders, driver partners, and the ...

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Mongla Port’s upgradation to improve sub-regional connectivity, trade: officials

The project for upgradation of Mongla Port, being taken up under the third Indian Line of Credit (LoC), would greatly boost the revenue generation and improve the sub-regional connectivity, trade and commerce and accelerate growth of the entire region. With the development of the Khulna-Mongla Port rail project, the development of this port will add to the maritime links for ...

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Bashar, Sohela new NCC Bank chairman, vice chairman

The Board of Directors of NCC Bank Ltd. has re-elected Md. Abul Bashar as chairman for the next one year and Sohela Hossain elected as vice Chairman of the Bank. Chairman Md. Abul Bashar completed his B.Sc. in Management Information System from USA. He started pursuing his family business endeavors with Prime Group of Industries shouldering its responsibilities holding position ...

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