The government has decided to import 330,000 mt of rice from India and Vietnam. Cabinet Committee on Government Purchase at a meeting approved some proposals on Wednesday.  Finance Minister AHM Mustafa Kamal presided over the meeting.  the Food Ministry will import

The government has decided to import 500,000 tones of wheat from Russia. Cabinet Committee on Government Purchase at a meeting approved some proposals on Wednesday.  Finance Minister AHM Mustafa Kamal presided over the meeting.  As per the proposals placed by the food

Russia has completely halted gas supplies to Europe via a major pipeline, saying repairs are needed. The Russian state-owned energy giant, Gazprom, said the restrictions on the Nord Stream 1 pipeline would last for the next three days. Russia has already significantly reduced gas

Bashundhara Group has been recognised as the best conglomerate by an international magazine for its excellence in corporate social responsibilities (CSR). UK-based finance and business magazine ‘The Global Economics' published the list featuring Bashundhara Group as the

Commerce minister Tipu Munshi today (Aug 30) warned that legal action will be taken against anyone found charging more than the fixed price.  He also said that government will soon fix the prices of nine essential commodities, to ease public sufferings.  Tipu Munshi made

Bangladesh Jewelers’ Association (BAJUS) has expressed interest to work with Bangladesh Bank (BB) and National Board of Revenue (NBR) to prevent gold smuggling and money laundering for the betterment of the country’s economic sectors and gold industry at large. “The

The government has decided to cut the prices of fuel including diesel, octane, petrol and kerosene by Tk 5 per litre.  State Minister for Power, Energy, and Mineral Resources Nasrul Hamid confirmed the matter on Monday (Aug 29) night.  He said the notification will be

Bangladesh Petroleum Dealers, Distributors, Agents and Petrol Pump Owners' Association have postponed their strike till September 12. Nazmul Haque, president of the association, came up with the announcement after a meeting with Bangladesh Petroleum Corporation (BPC) in the capital

Shares in Asia have fallen after the chairman of the US central bank said it would continue to raise interest rates to tackle soaring prices. Jerome Powell warned that the Federal Reserve's policies will cause "some pain to households and businesses". Higher interest

The Forest Department will reopen the Sundarbans, the world's largest mangrove forest and a Unesco world heritage site, for tourists on September 1 after nearly three months of closure.   The Sundarbans will be opened for domestic and foreign tourists, side by side for

Stock markets in the US ended the week sharply down following tough comments by the head of the country's central bank, the Federal Reserve. The bank's chairman, Jerome Powell, said the bank must continue to raise interest rates to stop inflation from becoming a permanent

Commerce Minister Tipu Munshi today said that there is no bar in importing food grains from Russia and Ukraine as the country can import food grains from these two countries in dollars with support from 24 banks of the world.   The Commerce Minister said this after emerging from a

East West Property Development Limited (EWPD), a real estate unit of the country's leading business conglomerates Bashundhara Group has signed an agreement with Tech One Global Limited to get technical support for the storage and management of important documents. EWPD Senior

Bangladesh Jeweller's Association (BAJUS) wants to work with Bangladesh Financial Intelligence Unit (BFIU) to stop gold smuggling. BAJUS sent a letter to BFIU chief Md Masud Biswas in this regard on August 2. The letter, signed by Bangladesh Jeweller's Association (BAJUS)

Bangladesh Bank (BB) summoned the bank accounts of 28 money exchange companies on Tuesday (August 23). Bangladesh Financial Intelligence Unit (BFIU) asked these institutions to submit their bank details, Central bank sources said. The list of the companies are Nivedita Money

The price of bottled soybean oil once again increased on Tuesday and a litre of soybean oil will now cost Tk 192 in retail markets. The price has gone up by Tk 7 per litre.  The new prices of the price of bottled soybean oil will come to effect on Tuesday (Aug 23). 

Fuel oil traders of Khulna have gone a 12-hour strike since morning to press home their three-point demand including increased commission and tank-lorry rents. The strike started at 6:00am and will continue till 6:00pm, said Sheikh Murad Hossain, general secretary of Khulna Divisional

Bangladesh Jeweller’s Association (BAJUS) have increased the gold price by Tk 1225 to Tk 83,281 per bhori due to a price hike of pure gold. BAJUS on Sunday (August 21) issued a press release regarding said the price of 22-carat gold is now Tk 7,140 per gram while it is Tk 6,815

The entrepreneurs of Courier and Logistics services today (Aug 20) urged the government to declare the courier and logistics sector as the service industry for its betterment. They came up with the plea at the second meeting of the Standing Committee on Logistics and Courier Services

Australia is set to lift its intake of migrants to a record 200,000 arrivals a year to try to combat a drastic shortage of workers. Despite the reopening of borders earlier this year, the severe labour shortages caused by their closures in 2020 have worsened as the economy has