Bangladesh Trade and Tariff Commission has recommended halving the gold import duty in view of the application of the Bangladesh Jewelers Association (BAJUS). Tariff Commission sources said that the organisation has recommended reducing the import duty from 10 to 5 per cent. At the

The price of good-quality gold has dropped by Tk 1,284 to Tk 1,17,176 per bhori (11.664 grams) due to a reduction in the prices of pure gold on the local market. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) came up with

Bangladesh Jeweller's Association (BAJUS) has directed the gold businesses to display certificate of tax-related papers in the visible place of the shop. “The National Board of Revenue (NBR) guideline manifests the display of Business Identification Number at the visible

The price of high-quality precious yellow metal dropped by Tk 1,084 per bhori on Thursday (May 23) afternoon. Good quality gold of 22-carat stood at Tk 1,18, 460 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The standing committee on

Industries Minister Nurul Majid Mahmud Humayun on Thursday handed over the “President's Industrial Development Award-2021” to twenty industrial units in six categories for their outstanding contributions in the national economy. The award giving ceremony was held at

Shomvob, the leading B2B job-tech and HR tech platform in Bangladesh today announced a USD 1 million pre-seed financing round led by Singapore-based early-stage venture capital firm Cocoon Capital. Shomvob also received a grant from the Bill & Melinda Gates Foundation to create

Bashundhara Cement has held an annual sales conference aimed at empowering sales through innovation and strategy to inspire the stakeholders in the supply chain of the brand. Safwan Sobhan, vice-chairman of Bashundhara Group, recently inaugurated the conference at the International

RITES Limited, a leading engineering consultancy firm, on Monday signed a contract agreement for supplying 200 broad gauge passenger carriages to Bangladesh Railways. The export arm of Indian Railways, RITES has won the USD 111.26 million (approximately Rs 915 crore) contract, funded

Mistine, No.1 Cosmetics brand in Thailand since 1988, had its grand launch event on May 17 at Jamuna Future Park in the capital.  This brand was founded 36 years ago, Mistine is dedicated to providing consumers with high-quality, innovation and cutting-edge technologies cosmetic

The Bangladesh Jewellers Association (BAJUS) on Sunday (May 19) increased the price of gold by Tk1,084 per bhori as the cost of pure gold rose on the local market. According to a BAJUS statement, 22-carat gold will now cost Tk 1,19,544 per bhori. As per the latest decision, the

Considered an auspicious symbol of affluence, a valuable asset, and a fundamental part of everyday life, gold symbolises purity, prosperity and sacredness, and plays an intrinsic part in Indian culture. Celebrations, including weddings, are predominantly celebrated with gold there.

Prime Minister Sheikh Hasina today (May 19) inaugurated the seven-day 11th National Small and Medium Enterprises (SME) Fair in the city. She inaugurated the fair at Bangabandhu International Conference Centre (BICC) at Agargaon here this morning. The fair will continue till May 25

The Bangladesh Jewellers Association (BAJUS) on Saturday (May 18) increased the price of gold by Tk1,178 per bhori as the cost of pure gold rose on the local market. According to a BAJUS statement, 22-carat gold will now cost Tk 1,18,460 per bhori. As per the latest decision, the

Bangladesh Bank (BB) has issued a clarification over recent reports regarding restrictions on journalists' entry to the central bank. In a circular issued on Wednesday, the central bank stated that it considers disseminating information to the public a top priority. In the

State Minister for Shipping Khalid Mahmud Chowdhury has hoped that the Chattogram port would handle export and import-related operations of another country someday. “Now, foreign port operators are making investments in the Chattogram port. I see the possibility and dream that a

President Ramchandra Paudel on Tuesday (May 14) said that Nepal would ensure the export of electricity to India and Bangladesh while presenting the government's policies and programmes for the upcoming fiscal year at the joint session of Parliament.  Unveiling the coalition

The Bangladesh Jeweller's Association (BAJUS) has revised up the rate for exchanging gold ornaments to 10% from 9%, and has permitted traders to deduct 15% of the original price when buying older gold from consumers with cash. Comapred with the previous rate, people would have to

Customers and officials of Rupayan City will get ‘a'special offer’ on purchasing furniture from the international Camerich brand. To this end, the realtor signed an agreement with Delco Business Associate of Hamid Group, local franchisee of the United State-based

Bay Group Chairman Alhaj Shamsur Rahman has passed away while undergoing treatment at a hospital in Singapore. An eminent industrialist of the country, Shamsur Rahman who hails from Shariatpur district, breathed his last at 9 pm on Monday (May 13), confirmed his family members. He

Bangladesh Bank (BB) introduced the Crawling Peg Mid-Rate (CPMR) system for buying and selling foreign currencies and allowed banks to buy and sell US dollars freely at around Taka 117. The central bank took the decision at a meeting of the Monetary Policy Committee (MPC) at its