The Bangladesh Jewellers’ Association (BAJUS) has raised gold prices in the country’s market once more, increasing the rate by up to Tk 1,470 per bhori. According to the new rates, the price of 22-carat gold stands at Tk 175,788 per bhori, up from Tk 174,318 on Monday

KONA Software Lab Ltd., a payment and security solutions company, has announced successful implementation of its Kona Card Personalization System (K-CPS) for Islami Bank Bangladesh PLC, one of the largest commercial banks in the country. This global platform-compliant EMV card

The Sundarbans, the world’s largest mangrove forest and a UNESCO World Heritage Site, will reopen to tourists and forest-dependent communities on Monday (September 1), following a three-month closure. Authorities suspended all forest activities — including tourism, fishing,

Bangladesh Bank Governor Ahsan H. Mansur has announced that the mobile financial service Nagad will be handed over to an independent investor as the postal department lacks the capacity to run the operation.  He also said a decision had been made at the highest level and efforts

Eskimi, a leading global media and creative AdTech platform, announced the launch of the Eskimi Impact Awards to celebrate bold achievements in programmatic advertising. This global initiative recognizes agencies — ranging from the Big Six to emerging disruptors — that set new

Bangladesh Bank has initiated a plan to merge five troubled banks in the country. The proposal, prepared by the central bank’s Governor Ahsan H. Mansur, has recently been approved by Finance Adviser Salehuddin Ahmed. According to sources, Bangladesh Bank secured the

The government has revised its policy on issuing digital bank licences, raising the minimum paid-up capital requirement to Tk 300 crore—more than double the previous threshold of Tk 125 crore. The new directive was announced in a circular issued by Bangladesh Bank on Sunday

Dr. Arifur Rahman, the founding Vice-Chairman and entrepreneur shareholder of Premier Bank, has been unanimously elected as the new Chairman of the Bank.  The decision was made at the Bank’s 314th Board Meeting, held on Thursday (August 21). A press release was issued in

Pakistan’s Commerce Minister Jam Kamal Khan arrived in Dhaka late Wednesday night for a four-day official visit aimed at boosting bilateral trade ties between the two countries. He landed at Hazrat Shahjalal International Airport around midnight on August 20, where he was

Industries Adviser Adilur Rahman Khan today said Bangladesh’s green shipbuilding industry has the potential to become the country’s next major foreign exchange earner after the ready-made garment (RMG) sector. “If the garment sector is our first great leap into global

Bangladesh has sought Malaysia’s cooperation in establishing a halal industrial park, aiming to tap into the fast-growing global halal products market. “Let’s make a move on this,” said Chief Adviser Professor Muhammad Yunus during a meeting with Malaysian halal

Trade Adviser Sheikh Bashiruddin has announced that the government will permit onion imports to increase supply in the local market. He made the remarks on Tuesday (August 12) after a meeting at the Ministry of Commerce conference room at the Secretariat, held to set export targets for

Bangladesh Bank Governor Dr Ahsan H. Mansur has said the central bank is working to restructure loans for businesses affected by the Covid-19 pandemic, economic downturn, and political unrest. Speaking as a special guest at a Centre for Policy Dialogue (CPD) discussion in Dhaka on

BRAC Bank recently organised a series of customer engagement programmes with remittance beneficiaries in multiple districts across the country. The sessions, held in remittance-prone districts of Sunamganj, Brahmanbaria, Narsingdi, Chandpur, Sylhet and Cumilla, are part of the

President Trump on Thursday signed an executive order that could allow millions of Americans saving for retirement through 401(k) accounts to invest in higher-risk private equity and cryptocurrency assets. The executive order doesn't immediately change how people will invest for

Bangladesh’s foreign currency reserves have risen to USD 30.8 billion, according to Bangladesh Bank on Thursday (August 7). According to the central bank, the net reserves—calculated under the IMF’s Balance of Payments and International Investment Position Manual

The Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of liquefied petroleum gas (LPG) by Tk91 per 12kg cylinder, setting the new price at Tk1,273, effective from Sunday evening (Aug 3). The BERC announced the new price today.  The price of

The United States has reduced its reciprocal tariff on imports from Bangladesh from 35 percent to 20 percent, bringing some relief to the country’s export sector amid global trade uncertainties. The announcement was made in a White House statement issued Friday (August 1),

National Security Adviser Khalilur Rahman has said that Bangladesh has successfully averted a potential 35 percent retaliatory tariff, calling it welcome news for the country’s garment sector and the millions who depend on it. He said, “We have managed to preserve our

The United States has indicated a possible reduction in the 35% reciprocal tariffs currently imposed on Bangladeshi exports, Commerce Secretary Mahbubur Rahman said on Tuesday (30 July). A productive discussion was held with US officials on 29 July, as outlined in the agenda, he said