Finance & Trade

1,701 tons of potatoes exported to Nepal in 81 trucks via Banglabandha Land Port

1,701 metric tons of potatoes were exported to Nepal in a single day via Banglabandha Land Port in Tentulia Upazila of Panchagarh. On Thursday (November 6), 81 trucks carrying these potatoes crossed the border by road after the port's operations ended and entered Nepal.

The world's most expensive toilet is now up for auction

The world's most expensive toilet is now up for auction. British multinational company Sotheby's announced on Friday (November 3) that it will auction the sculpture titled 'America' by Italian artist Maurizio Cattelan.

Power supply to be suspended from November 11 if dues are not paid: Adani Power

India's Adani Power has given a final warning to the Power Development Board of Bangladesh (PDB). The company said that if the dues are not paid by November 10 of this month, power supply will be suspended from November 11.

Gold prices rise again in 2 days!

After two consecutive days of decline, gold prices rose again in the global market on Thursday. Gold prices rose more than 1 percent due to the intensification of geopolitical tensions and increased demand for safe investments. Investors are showing more interest in important US inflation data to be released next Friday.

Gold and silver prices fall, sales start at new prices from today

The fall in gold prices in the international market has also affected the domestic market. As a result, the price of gold per bhori has fallen by 8,386 taka. There have been very few examples of such a drop in price at once in recent times.

Gold prices have fallen slightly in the global market!

Gold prices in the international market showed some fluctuations on Wednesday morning. In the morning, the price of spot gold reached $ 4,134.37 per ounce, which is 0.3 percent higher than the previous day. However, the price later fell again to $ 4,067 per ounce, which is the biggest decline in the last two weeks.

Duty-free limit for importing gold from abroad

The country's gold market has touched a new record. The price of 22-carat gold per bhori (11.664 grams) is now Tk 2 lakh 17 thousand 382. With the increase in demand, a new duty-free facility has been introduced for passengers in importing gold from abroad.

Narail District Industrial and Merchants Association President Fosiar, Secretary Zakir elected

A new leadership has been elected for the next three years in the general meeting of the Narail District Industrial and Merchants Association. The general meeting held at the Narail District Council Auditorium at 11 am on Saturday (October 18) was presided over by prominent businessman Md. Hasmat Ali.

Allegations of dismissal from Islami Bank due to Chhatra Dal

Islami Bank Bangladesh Limited has been accused of firing an officer due to his political affiliation. It is learnt that the officer was a former active member of the Bangladesh Nationalist Chhatra Dal Central Committee. He was forced to resign due to internal pressure from the bank after his political affiliation was recently revealed.

Big surprise in TCB list: 5 new products to be available from November

Dhaka, September 29 — Five new products will be added to the Trading Corporation of Bangladesh (TCB) product list from November. These include tea, salt, detergent and two types of soap. Commerce Advisor Sheikh Bashiruddin informed this information at a meeting held at the conference room of the Commerce Ministry at the Secretariat on Monday (September 29).

Swiss Ambassador to Dhaka: Relations with Bangladesh are now stronger

Dhaka, September 25 – Swiss Ambassador to Dhaka Reto Rengli has praised the relations between Bangladesh and Switzerland. In the afternoon, he visited the eco-friendly factory named 4A Yarn Dyeing Limited located in the Kaichabari area of Ashulia, Savar.

Good news: The $81 million stolen from the reserve is finally being returned!

The $81 million laundered through the Philippines' RCBC Bank in the much-discussed 2016 cyber heist of Bangladesh Bank's foreign exchange reserves is finally in the process of being returned to Bangladesh. A Dhaka court has ordered the seizure of the money.

Andrew Kishore gets tax payment letter five years after his death

Bangla film legend Andrew Kishore has received an income tax payment notice even five years after his death. The notice, signed by Assistant Tax Commissioner of Tax Region-12 Kazi Rehman Sajid, states that Andrew Kishore still has a tax arrears of Tk 72,803.

Cash transactions incur annual losses of Tk 2,080 million

In Bangladesh, about Tk 2,080 million is lost every year in cash transactions or money management. According to Bangladesh Bank, despite the expansion of digital transactions in the country, there is still a lot of dependence on cash, which is causing this huge loss.

Two Bangladeshi startups make it to Forbes list

Two Bangladeshi companies—ride-sharing platform Pathao and digital job search platform Mokshayar—have made it to the list of top 100 startups in the Asia-Pacific region, according to the world-renowned magazine Forbes.

Nothing Phone: Strange design, rising popularity due to price reduction

Technology enthusiasts always get excited when a new smartphone model comes to the market. Recently, the brand that has been the talk of the town among the youth in Bangladesh is the ‘Nothing’ phone. Although the name may sound like ‘nothing’, in reality, there has been a lot of interest in the design and technology of this phone.

Dhaka Bank MD Sheikh Mohammad Maruf resigns

Dhaka Bank Managing Director (MD) Sheikh Mohammad Maruf has resigned citing personal reasons. He submitted his resignation to the bank authorities last Thursday (August 15).

10 new crops including jackfruit-beetroot-black cumin under agricultural credit

Bangladesh Bank has opened new horizons in increasing diversity and production in the country's agricultural sector. In the current agricultural and rural credit policy for the 2025-26 fiscal year, for the first time, the production of kheer, kachur lati, jackfruit, beetroot, black cumin, ginger in sacks, garlic, turmeric and date molasses has been brought under agricultural credit.

New 100 taka notes coming to market from tomorrow

Bangladesh Bank is going to introduce a new design and series of 100 taka banknotes signed by Governor Dr. Ahsan H Mansur for the first time in the country from next Tuesday (August 12). The Communication and Publication Department (DCP) of Bangladesh Bank gave this information in a notification on Sunday.

Grameenphone and EBL bring opportunity to buy smartphones in interest-free installments

No more worries about additional interest when buying smartphones. Grameenphone, the country's leading telecommunications company, and Eastern Bank PLC (EBL), one of the pioneers in the financial sector, have jointly launched the facility of buying smartphones in interest-free installments. Grameenphone recently signed a Memorandum of Understanding (MoU) with EBL, under which customers can buy official smartphones at zero percent EMI for up to 24 months.

Bangladesh Bank to announce new monetary policy today

Bangladesh Bank will announce a new monetary policy (Monetary Policy Statement - MPS) for the first half of the 2025-26 fiscal year today, Thursday (July 31). Governor Dr. Ahsan H. Mansur will officially announce the policy at the central bank's head office in Motijheel, the capital, at 3 pm.

Even in the peak season, the price of fish, including hilsa, is skyrocketing, leaving buyers confused!

The peak season for hilsa is underway in the country, but the price of fish continues to rise like a mountain. The clamor for fish in the market and the price increase are making the common people from the middle class to the lower class confused. It has become difficult for many to cope with the pressure of this price increase of nutritious fish.

Big discount on savings certificates: No return required for purchases up to 10 lakh taka

The government has given a big discount in filing income tax returns for savings certificates and term deposits (FDR) investments. From now on, if you buy savings certificates or FDRs up to 10 lakh taka, you will no longer need to file an income tax return. So far, this limit was up to 5 lakh taka.

Janata Bank loan scam: 54,000 crore taka in the hands of 9 groups

Janata Bank, one of the country's state-owned commercial banks, is now in a terrible financial crisis. According to analysts, this is the biggest loan scam in the history of Bangladesh's banking. The bank has a defaulted loan of about 67,000 crore taka. Of this, about 54,000 crore taka is stuck with just 9 influential groups, which threatens the very existence of the bank.

Gold price hiked by Tk 1,050, new price effective July 23

Gold prices have been increased again in the country's market. On Tuesday (July 22) night, the Bangladesh Jewelers Association (BAJUS) said in a notification that the new price will be effective from tomorrow, Wednesday (July 23).

Former Janata Bank Chairman Dr. Abul Barkat arrested in corruption case

Former Janata Bank Chairman and renowned professor of the Department of Economics at Dhaka University Dr. Abul Barkat has been arrested in a corruption case. A special team of Dhaka Metropolitan Detective Branch (DB) police arrested him from the capital's Dhanmondi area around 11:30 pm on Thursday (July 10). DMP Joint Commissioner (DB-South) Mohammad Nasirul Islam confirmed the arrest. He said, "A team of DB police arrested Professor Barkat based on a request for a case filed by the Anti-Corruption Commission (ACC). The case is currently under investigation. This arrest was made by following the legal process after verifying the primary information and data."

Traders disappointed with big cows, returning empty-handed!

Eid-ul-Azha is knocking on the door. Only one more day is left. Last-minute sales are in full swing at the Gabtoli cattle market. The market is bustling with the buying and selling of small and medium-sized cows. But right in the middle of that crowd, large, strong, fat cows stand in a corner—as if waiting for their own forehead. No one moves forward, no one asks for the price, no one turns a blind eye.

Kerosene price hiked by 10 taka!

The government has announced new fuel oil prices for the month of June, which will come into effect from June 1, 2025. Although the prices of diesel, petrol and octane have been reduced this time, the price of kerosene has increased by 10 taka. In May, the price of kerosene per liter was 104 taka, which has been increased to 114 taka for the month of June.

Mahmud Hasan Khan (Babu) to be the next president of BGMEA

The elections for the 2025-2027 term of Bangladesh Garments Manufacturers and Exporters Association (BGMEA), the top organization of Bangladesh's ready-made garment industry, have been completed. The Forum Panel has proven its superiority by winning this election by a huge margin. As a result, Mahmud Hasan Khan (Babu), the leader of the Forum Panel and Managing Director of Rising Fashions Limited, is coming to lead the organization.

“Gold hidden in garbage: Secret business worth crores of taka in animal bones, horns and testicles”

Cow, buffalo or goat bones, horns, and even testicles—which we consider garbage every day—have become a source of income for many people. Although these leftovers are easily thrown away in homes, hotels or slaughterhouses, cleaners collect them and sell them to scrap dealers. From there, a huge chain begins—which reaches the pharmaceutical industry, animal feed, export and various product factories.

Gold prices have fallen again in the domestic market!

The price of gold in the domestic market has decreased slightly. This time, the price of good quality gold (22 carats) has decreased by 3,569 taka per bhori. According to the new price, 22 carat gold will be sold at 1,68,976 taka per bhori in the domestic market.

Global Markets Fall: Gold Price Hits Lowest Level

Gold prices hit their lowest level in two weeks on the global market. Gold prices fell about 2 percent to $3,222.66 per ounce on Thursday (May 1), the lowest since April 15.

Demand for minimum wage of workers to be set at Tk 30,000!

The Bangladesh Trade Union Center (TUC) has demanded a national minimum wage of Tk 30,000 for workers, ensuring free trade union rights and implementing the recommendations of the Labor Reform Commission.

bangladesh on World Bank's red list: Position unchanged for two years

According to a recent report by the World Bank, Bangladesh's name has once again appeared on the red list of countries at high risk of food inflation. Bangladesh has been in this red category for almost two years. The recently released World Bank's updated data highlights the food security situation of various countries around the world, where the organization publishes this analysis every six months.

21 districts blackout for two and a half hours, what is known?

21 districts in the southwestern region suddenly lost power on Saturday (April 26) afternoon. The power distribution authority has confirmed that this disaster occurred due to a technical fault in the power grid of Khulna. Power supply was cut off in these districts for about two and a half hours.

National Bank receives recognition as the top remittance bank recipient

National Bank Limited has recently received the “Top Remittance Bank Recipient 2024” recognition at the Bangladesh Remittance Fair 2024 held in the United States. It received this award as the second highest recipient of expatriate income from the United States to Bangladesh.

নভেম্বরের ২৩ দিনে ২০ হাজার ৭১৬ কোটি টাকার রেমিট্যান্স

In the first 23 days of the current November, Bangladesh received 1,726.3 million US dollars in remittances through legal channels, which is equivalent to Tk 20,716 crore in the country's currency (Tk 120 per dollar). At this rate, an average of 75 million dollars in remittances were received daily.

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