Wednesday, 27 Nov, 2024

Business

Metro Rail entirely built by Bashundhara cement

Bashundhara cement has been used in the country's first ever Mass Rapid Transit (MRT) Line-6 project as the sole supplier. Prime Minister Sheikh Hasina has inaugurated the mega project covering 11.73 kilometer from Uttara to Agargaon in the capital today (Dec 28) at 11 am. The

Russia bans oil sales to countries using price cap

Russia has banned oil sales to countries and companies that comply with a price cap agreed by Western nations earlier this month. The price cap - which was agreed by the G7 group of nations, Australia and the EU - came into force on 5 December. The cap prohibits countries from

Gold prices rise as China relaxes COVID curbs

Gold prices firmed above the key psychological threshold of $1,800 on Tuesday, following China's decision to further ease COVID-19 restrictions, with gains curbed by rising yields. Spot gold was up 0.5% to $1,806.69 per ounce by 1331 GMT. U.S. gold futures rose 0.7% to $1,816.70.

Bashundhara Paper Mills declares 10pc cash dividend to shareholders

Bashundhara Paper Mills Ltd (BPML), a sister concern of the Bashundhara Group, has announced a 10 percent cash dividend to shareholders for the year ending June 2022. The publicly traded company declared dividend payout with consent from the shareholders at its 29th Annual General

‘Made in Bangladesh’ gold bars to be introduced in March 

‘Made in Bangladesh’ gold bars and ornaments will be introduced in March, 2023 as the country’s jewellery industry is set to achieve competitive export capacity under the leadership of Sayem Sobhan Anvir, President of Bangladesh Jewellers Association (BAJUS). Sayem

Bashundhara Tissue gets Best Brand Award for 5th time

Bashundhara Tissue, one of the flagship products of the country’s largest business conglomerate Bashundhara Group, has received the Best Brand Award 2022 for the 5th consecutive term. Bangladesh Brand Forum in partnership with Nielsen Bangladesh and Daily Star arranged the Best

Gold prices may rise to $4,000 an ounce in 2023

Gold prices could rise to $4,000 an ounce in 2023 as higher interest rates and recession fears make markets volatile, Swiss Asia Capital managing director and chief investment officer Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital. told CNBC Street

Bashundhara LPG gets Best Brand Award for 3rd time

Bashundhara LPG has won the ‘Best Brand Award’ for the third consecutive term for maintaining quality in products and services. The award-giving ceremony was organised by Bangladesh Brand Forum at Le Meridien Dhaka Saturday night. Bashundhara LPG Chief Financial Officer

BAJUS President Sayem Sobhan Anvir set to strengthen jewellery sector

Bangladesh Jewellers Association (BAJUS) President Sayem Sobhan Anvir is relentlessly working to create a strong footing in the jewellery sector. This was said by BAJUS vice-president Dr Dewan Aminul Islam Sahin at a view exchange meeting with Noakhali unit leaders and activists in the

Rafayet Ullah Mirda elected ERF President, Abul Kashem GS

Mohammad Rafayet Ullah Mirda and Abul Kashem have been elected as the new president and general secretary of the Economic Reporters' Forum (ERF) respectively. Rafayet Mirda got 91 votes while his close competitor Sajjadur Rahman earned 51 votes. Besides, Salahuddin Bablu was

BAJUS President Anvir committed to placing jewellery industry in dignified position

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir is bent on ensuring dignity of the jewellery industry and the people associated with it. BAJUS Vice-President Dr Dewan Aminul Islam Shahin made the above statement while exchanging views with Lakshmipur unit

Safwan Sobhan honoured at Oxford conference

Bashundhara Group Vice Chairman Safwan Sobhan has been honoured at an international conference at the University of Oxford for his excellence in social and business fields. According to a press release, European Business Assembly (EBA) conferred the ‘Grand Star of Success

Japan’s inflation hits 40-year high

Japan’s inflation has hit a four-decade high, raising pressure on the central bank to roll back its massive stimulus. Prices rose at their fastest pace since 1981 in November, data showed on Friday, fuelled in part by higher energy costs. Core inflation, which excludes

EWMGL becomes highest taxpayer for 7th time

East West Media Group Limited (EWMGL), a media concern of the country’s largest business conglomerate Bashundhara Group, has achieved the highest taxpayer status in “Print and Electronic Media” category. The Ministry of Finance published a gazette comprising names of

Safwan Sobhan Tasvir highest tax payer in young category

Bashundhara Group Vice Chairman Safwan Sobhan Tasvir has been regarded as the highest tax payer in young category (below 40 years). The Ministry of Finance published a gazette comprising names of the highest tax payers under various categories on December 18. Five persons have

BATB on track to attain AWS Gold Certification for equitable water use

BAT Bangladesh is awaiting Alliance for Water Stewardship (AWS) Gold Certification for sustainable water use in its facilities in Dhaka and Kushtia that would undergo a surveillance audit this month. It had earlier this year secured AWS core certification that has made it the first

BB fund to use undisbursed portion of farm loans

Bangladesh Bank (BB) has decided to make a fund titled 'Bangladesh Bank Agricultural Development Common Fund (BBADCF)' in a bid to increase farm production. Under the initiative, banks would deposit money equivalent to the undisbursed amount of farm and rural loans in the fund

BAJUS led by Anvir active than ever: Central leaders

Bangladesh Jewellers Association (BAJUS) led by its President Sayem Sobhan Anvir is more dynamic to push the sector forward, according to the central leaders of the organisation. They came up with the observation at a view-exchange meeting of BAJUS with its Brahmanbaria unit office

Cut fare for Dhaka metro rail by half: Jatri Kalyan Samity

Bangladesh Jatri Kalyan Samity (JKS) has demanded the government-fixed fare rate for the Dhaka metro rail be reduced by 50 percent. The association claimed it is unreasonable to fix the fare at double of what the Dhaka bus charges, without considering any passenger opinion or

Gold industry ready to lead country’s development journey: Sayem Sobhan Anvir

Bashundhara Group Managing Director and Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir has said the gold industry is ready to lead the country's development journey. "The gold industry has potential to grow further. My responsibility was to organise