Business

Bangladesh Jewelers’ Association (Bajus) has again announced to increase the price of gold just two days after reducing it. Now the price of gold has been raised by Tk 2,916 per bhori. As a result, the price of 22-carat (11.664 grams) gold has become Tk 1,14,078 per bhori. The Bajus standing committee confirmed the matter with a press release on ...

A total of 80 branches of the country’s various commercial banks will distribute new currency notes of Taka 5, 10, 20, 50 and 100 in the city from March 31 marking the occasion of holy Eid-ul-Fitr. The new notes will be distributed every day until April 9, a Bangladesh Bank press release said in Dhaka on Wednesday. The new note ...

Bangladesh Jewellers’ Association (BAJUS) has decided to cut price of gold by Tk 1,749 per bhori as prices of pure gold have declined in the local market. The new prices will come into effect from Wednesday (March 20), the BAJUS statement said on Monday. Now, 22-carat gold will cost Tk 1,11,158 a bhori (11.664 grammes) from the existing Tk 1,12,907 ...

The Bangladesh Road Transport Corporation (BRTC) will operate 550 additional long-route buses to transport passengers from the capital to various destinations during the Eid holidays. BTRC Chairman Md Tajul Islam told this at a view-exchange meeting held at the BRTC building at Motijheel in the capital on Monday. He said the decision has been taken as the Eid holiday is ...

“It’s as if I’m watching a troubled child” is how Captain Dennis Tajer describes flying a Boeing 737 Max. The head of the Allied Pilots Association, the pilots union for American Airlines, insists he would never board an aircraft if it were not safe. But he says he can no longer take the quality of the plane he’s flying for ...

Export-import between Bangladesh and India through Dinajpur’s Hili land port remained suspended on Sunday marking the birth anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and National Children’s Day. However, movement of travelers through the land port remains normal. Harun-Ur-Rashid, president of Hili Land Port Importer-Exporter Group, said trade through the border remained suspended due to the ...

Sainsbury’s says it will not be able to fulfil the “vast majority” of online deliveries on Saturday because of “technical issues”. Customers have been contacting the supermarket on social media to report issues with their online orders. Some stores are also having issues with contactless payments and chip and pin. Sainsbury’s apologised to customers and said it was working hard ...

Aiming to significantly boost revenue collection from domestic sources, the National Board of Revenue (NBR) is adopting a three-pronged approach. These are: digital transformation, expansion of tax net, and enhancing administrative capacity, reports UNB. The core idea is to make tax payments easy and transparent to improve taxpayer services which in turn will help NBR to collect more revenue, according ...

Japanese arch-rivals Nissan and Honda said Friday they were exploring a strategic partnership in electric vehicles to face up to a “once-in-a-century” upheaval in the car industry, reports AFP. Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles. ...

The government will procure edible oil, lentil, sugar and wheat worth Tk 507 crore from local and international markets. Of the amount, Tk 153.97 crore will be spent to buy wheat, while Tk 77.98 crore to buy soyabean oil, Tk 107.60 crore to buy sugar and Tk 167.38 crore to buy red lentil. The approval of procuring the edible oil, ...