Thursday, 28 Nov, 2024

Business

Ukraine's economy to shrink by 45pc this year: World Bank

Ukraine’s economy is on course to contract by almost half this year as the Russian invasion and the impact of a “deep humanitarian crisis” takes its toll, the World Bank has said. With a blockade of Black Sea ports in the south of Ukraine and the havoc caused to

Oil prices drop as Biden considers releasing reserves

Oil prices have fallen sharply after reports that the US is set to take new steps to bring down high fuel costs. The Biden administration is reportedly considering the release of up to 180m barrels of oil in the coming months from the Strategic Petroleum Reserve. If confirmed, this

Bashundhara Gold Refinery: Deal on Tk 30.32bn syndicated loan signed

Bashundhara Gold Refinery Limited on Wednesday signed an agreement to mobilise Tk 30.32 billion under a syndicated term loan from lead arranger Agrani Bank Limited and four other state-run banks. Managing Director (MD) of Bashundhara Gold Refinery Limited and Bashundhara Group Sayem

IPDC's Stride towards Success Continues

IPDC Finance Limited announced its financial and business performance in 2021 along with future plans in the company’s annual investors meet via an online session. The continuous success of the company, financial highlights of 2021, different initiatives taken in the year and

DBI-Braintoy to bring machine learning to Bangladesh businesses

Bangladesh-based market research company DBI Research Private Limited and Canada-based technology company Braintoy have announced a partnership to promote and market Machine Learning and Artificial Intelligence-based products and services in Bangladesh market. Through this

BERC for hiking gas price by Tk3.11 per cubic metre

The technical (evaluation) committee formed by Bangladesh Energy Regulatory Commission (BERC) has proposed to hike natural gas price by Tk3.11 per cubic metre. With this, the committee has recommended determining the gas price at Tk 12.47 per cubic metre. Earlier, Petro Bangla

Jewellery Expo Raffle Draw: Abdul Kuddus gets Tk10 lakh, Tarun Tk5 lakh

  The winners of raffle draw in Bangladesh Jewellery Expo 2022 have never thought of getting the prizes as many of them visited the stalls but did not buy any product.     Bangladesh Jewellery Expo at International Convention City Bashundhara (ICCB) in the

First Jewellery Expo ends with huge visitor turnout 

The first ever Bangladesh Jewellery Expo ended on Saturday getting huge responses from lovers of precious yellow metal. Bangladesh Jewellers Samity (BAJUS) oranised the three-day expo at International Convention City Bashundhara (ICCB) in the capital from March 17. BAJUS President

Final day of Bangladesh Jewellery Expo draws huge crowd

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, at International Convention City Bashundhara (ICCB) in the capital will come to an end today (Saturday). Plenty of visitors made it to the venue compound with festive mood sweeps the stalls at the fair which

First ever Jewellery Expo begins marking Bangabandhu’s birthday

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, has begun today (March 17) at the International Convention City Bashundhara (ICCB) in the capital marking the birthday of Father of the Nation Bangabandhu Sheikh Mujibur Rahman, the greatest Bangalee of

First-ever Jewellery Expo kicks off today 

The three-day Bangladesh Jewellery Expo-2022, first of its kind in Bangladesh, is set to begin today at the International Convention City Bashundhara (ICCB) in the capital to showcase homemade ornaments and excellence of local goldsmiths. Bangladesh Jewellers Samity (BAJUS) is

First-ever Jewellery Expo kicks off tomorrow

Bangladesh Jewellery Expo-2022, the first of its kind in Bangladesh, will begin tomorrow (March 17) at International Convention City Bashundhara (ICCB) in the capital marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. The three-day jewellery expo

China's wealthiest drop $71 billion in a day as stocks plunge

China's stock rout cost the nation's richest tycoons more than US$52 billion (S$71 billion) on Monday (March 14). Zhong Shanshan, known as China's king of bottled water, led the plunge as his fortune fell by US$5 billion, while Tencent's Pony Ma dropped US$3.3 billion,

Kazi Mofizul Islam promoted as Sonali Bank GM

Renowned banker Kazi Md Mofizul Islam has been promoted to the post of General Manager of the Sonali Bank Limited, a leading state-owned public commercial bank in the country. The development has taken place recently evaluating outstanding performance of Kazi Md Mofizul Islam.

Grab opportunities in Bangladesh: PM to UAE investors 

Bangladesh Prime Minister Sheikh Hasina today urged the United Arab Emirates (UAE) business community to invest largely in Bangladesh Social Economic Zones and high-tech parks particularly in readymade garments (RMG), leather, jute, food, ICT and IT Enabled Services.  The premier

Bangladesh Jewellery Expo-2022 begins March 17

Bangladesh Jewellers Samity (BAJUS) is set to organise a three-day Jewellery Expo-2022 for the first time in the country to highlight the Jewellery industry at home and abroad. Bangladesh Jewellery Expo-2022 will be inaugurated at International Convention City Bashundhara (ICCB) in the

Cement price may exceed Tk 500 per bag as raw material cost goes up

The country’s cement production is hard hit by an increase in the prices of raw materials in the international market. Sources said the production cost of cement has hiked by Tk 50-60 per bag. The cement manufacturers are in a fix to adjust the prices. Wholesalers and retailers are

Russia may cut gas supplies if oil ban goes ahead

Russia has said it may close its main gas pipeline to Germany if the West goes ahead with a ban on Russian oil. Deputy Prime Minister Alexander Novak said a "rejection of Russian oil would lead to catastrophic consequences for the global market", causing prices to more than

Oil price soars to highest level since 2008

Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian supplies with its allies, reports BBC. Brent crude - the global oil benchmark - spiked to above $139 a barrel, before easing back to below $130. Energy markets

Three entrepreneurs receives BAJUS Women Award-2022

Bangladesh Jewellers Samity (BAJUS) has honoured three women entrepreneurs in recognition of their contribution to Jewellery Industry on Sunday, marking International Women’s Day 2022. For the first time, the organisation has given BAJUS Women Award-2022. Kazi Nazneen Islam