Bangladesh Jeweller's Association (BAJUS) has sought the intervention of Finance Minister AHM Mustafa Kamal to resolve the complexities related to value-added tax (VAT) in the promising jewellery industry. Former BAJUS President Dilip Kumar Roy made the plea while addressing a

The government today (Oct 19) approved separate proposals in principle to procure some 38.60 lakh metric tons of refined fuel oil and some 16 lakh metric tons of crude oil to meet the growing demand. The approvals came from the 23rd meeting of the Cabinet Committee on Economic Affairs

Bangladesh Jeweller's Association (BAJUS) has instructed gold traders to sell products adhering to VAT. Dr Dilip Kumar Roy, former President of BAJUS and Chairman of organisation’s Standing Committee on District Monitoring, made the instruction on Friday (Oct 14). He was

Dhaka Bank Limited has arranged Tk 9,000 million for Bashundhara Oil and Gas Company Limited (BOGCL) as the lead arranger for supporting the production of bitumen, a major element for infrastructure development. The private lender made the announcement of the syndicated term facility

An eleven-year-old boy has not returned home even after 21 days of his missing in Domar of Nilphamari.  The identity of the boy is Surjo Islam, a student of standard V, and the son of Noor Jamal and Asha Begum. Since the child has not returned home, the family members including

As a part of its continuous efforts for introducing innovative products with advanced technologies and features, Bangladesh's leading electronics brand Walton has invented and manufactured the world’s first extinguisher-integrated television.  German Ambassador in

The International Monetary Fund (IMF) said Tuesday that the world economy was headed for "stormy waters" as it downgraded its global growth projections for next year and warned of a harsh worldwide recession if policymakers mishandled the fight against inflation. The grim

Japan reopened its doors to tourists Tuesday after two-and-a-half years of tough Covid-19 restrictions, with officials hoping an influx of travellers enticed by a weak yen will boost the economy. By mid-morning, tourists from Israel, France and Britain were already pouring in.

Opening of the Shitalakhya Bridge will greatly help to improve the country’s road transport network by facilitating the transport of goods, alleviating traffic jams, and spurring the economic growth of rural areas by linking them to main roads. Financed by the Saudi Fund for

This year’s Nobel Prize in economic sciences has been awarded to three U.S.-based economists “for research on banks and financial crises.” The award to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig was announced Monday by the Nobel panel at the Royal

Trade though through the Banglabandha land port in Panchagarh district resumed on Monday (Oct 10) after remaining suspended for 10 days marking Durga Puja and Eid-e-Miladunnabi. Banglabandha Importers-Exporters Group general secretary Khudrat-e-Khuda Milon confirmed the matter to

Import and export activities resumed today (Oct 08) through Hili Land Port (HLP) in Hakimpur upazila of Dinajpur after an eight-day vacation on the occasion of the Durga Puja.   General Secretary of the Customs, Clearing and Forwarding Agents Association of HLP Jamil Hossain

An 11.15-carat pink diamond has been sold for $49.9m in Hong Kong, setting a world record for the highest price per carat for a diamond sold at auction. Auctioned on Friday by Sotheby’s Hong Kong, the Williamson Pink Star diamond was originally estimated at $21m. The gem draws

Jobs growth in the US has slowed for a second month, in a sign that the labour market in the world's largest economy may be starting to cool. US employers added 263,000 new jobs in September, which is almost half the average number seen so far this year. Despite the slowdown,

Bangladesh has earned 1,36,20,000 US dollars (Tk 141.64cr) from exporting 1,352 tonnes of hilsa fish to India this year so far. Besides, hilsa production has doubled in last 12 years and the rate of production is now 90 percent. Fisheries and Livestock Minister SM Rezaul Karim

America's gross national debt exceeded US$31 trillion (S$44 trillion) for the first time on Tuesday, a grim financial milestone that arrived just as the nation's long-term fiscal picture has darkened amid rising interest rates. The breach of the threshold, which was revealed in

A Dhaka court today (Oct 04) allowed 30 more working days for Criminal Investigation Department (CID) for submitting its report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016. Dhaka Metropolitan Magistrate Arafatul Rakib passed the order as

The price of bottled soybean oil has been reduced by Tk 14 per litre to Tk 178. The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association announced the reduction in the price of soybean oil, says a press release on Monday. According to the release, the new rate

Bangladesh’s electronics giant Walton is currently exporting ‘Made in Bangladesh’ labeled Television sets to over 30 countries after meeting the local demand.  With successful market expansion in the European countries, Walton has been exporting TV sets to

Bangladesh Energy Regulatory Commission (BERC) has adjusted the price of liquefied petroleum gas (LPG) reducing by Tk 35 per 12kg cylinder to Tk 1,200.   The new price rate will come into effect from 6pm today, BERC Chairman Abdul Jalil announced at a virtual press