Business

Top finance officials from around the world this week underscored their willingness to help rebuild the Palestinian enclave of Gaza as the World Bank and United Nations worked to finalise a new cost estimate of $70 billion. Members of the ministerial-level Development Committee that advises the World Bank and International Monetary Fund discussed the challenges involved during a meeting on ...

The inflow of remittances has recorded a year-on-year growth of 9.6 percent, reaching US$1,435 million in the first 15 days of October, according to the latest data released by Bangladesh Bank on Thursday. During the same period last year, remittance inflow stood at $1,310 million. From July to October 15 of the current fiscal year (2025-26), expatriate Bangladeshis sent home ...

Gold prices have risen once again, setting a new record as the cost of 22-carat gold climbs to Tk 2,16,332 per bhori (11.664 grams). The price increase, announced by Bangladesh Jewellers’ Association (BAJUS) on Tuesday, will come into effect from Wednesday. According to the official BAJUS statement, the price of 22-carat gold has gone up by Tk 2,613 per bhori, ...

The government has not increased the prices of edible oil, said Commerce Adviser Sk Bashir Uddin on Wednesday. The Ministry of Commerce is responsible for setting edible oil prices. “I want to make it clear to the nation through you that oil price increases are decided by the Ministry of Commerce,” he said while speaking at an event in Purbachal ...

The price of gold in Bangladesh has reached a new record, with the highest quality 22-carat gold now costing BDT 2,13,719 per bhori (11.664 grams). The increase of Tk 4,618 per bhori came following a rise in the price of refined gold in the local market. The new rates will take effect from Tuesday, October 14, according to the Bangladesh ...

Traders have announced an increase in the price of bottled soybean oil by Tk 6 per litre, while loose soybean oil prices have risen by Tk 3 per litre. In addition, palm oil prices have gone up by Tk 13 per litre. The price revision was confirmed in a press release from the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers ...

Bangladesh Bank (BB) has extended its loan rescheduling facility for raw jute exporters until December 31 this year, allowing them to restructure loans for the next two years with a 2 percent down payment based on their outstanding loans as of December 31 last year. The central bank issued a circular on Monday, stating that the move comes in response ...

China on Sunday warned the United States against escalating trade tensions after President Donald Trump threatened to impose 100% tariffs on Chinese imports, urging Washington to resolve disputes through negotiation rather than threats. “China’s stance is consistent,” the Ministry of Commerce said in an online statement. “We do not want a tariff war but we are not afraid of one.” ...

Power, Energy and Mineral Resources, Road Transport and Bridges and Railways Adviser Muhammad Fouzul Kabir Khan has said that it is very important to control LPG prices to fight against the country’s short-term energy crisis. ”The current price of a 12kg LPG cylinder is around Tk 1,200, but it should come down below Tk 1,000. LPG is largely under the ...

Asian equities edged lower on Friday, capping off a volatile week marked by optimism over a Middle East ceasefire and booming AI investments, tempered by mounting concerns about a US government shutdown and possible overheating in the tech sector. Despite record highs earlier in the week for some markets—as well as gold and bitcoin—investors are increasingly wary that valuations, particularly ...