If industries don’t survive, employment won’t be created
If industries don’t survive, employment won’t be created

Industrialists are disappointed as the government suddenly decided to increase the gas price without talking with the stakeholders in the sector. This decision is a self-destructing for industries. If the industries do not survive, there will be no employment. Workers will be unemployed. Therefore,...

Paying toll for previous wrong policies
Paying toll for previous wrong policies

The hike in the gas price will affect across financial sectors. The government has to make decisions considering our production and operating costs. We now have to pay the price for previous wrong policies. We didnt invest in much needed gas extraction, and exploration sector. Therefore, a big...

VAT burden will upsurge pressure
VAT burden will upsurge pressure

The interim government has decided to increase VAT [Value Added Tax] rate in the middle of the fiscal year aiming to bolster revenue earnings and satisfy IMF bailout conditions. Instead of providing relief from the pressure of inflation, the government decided to increase the cost of living of the...

Taka loses 12.72% value in 2024 as dollar strengthens
Taka loses 12.72% value in 2024 as dollar strengthens

The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over the year, reports UNB. A central bank data analysis shows that the central bank fixed the dollar exchange rate at Tk122 on December 31,...

Prices of diesel, kerosene drop by Tk1 per litre
Prices of diesel, kerosene drop by Tk1 per litre

The government has reduced the prices of diesel and kerosene by Tk1 to Tk104 per litre with effect from January 1. A gazette notification was issued by the Ministry of Power, Energy and Mineral Resources in this regard on Tuesday. However, the prices of octane and petrol Tk125 and Tk121...

Keep prices under control during Ramadan: CA to officials
Keep prices under control during Ramadan: CA to officials

Chief Adviser Dr Muhammad Yunus has instructed field-level officials to work diligently to keep the prices of essentials at a tolerable and ensure their smooth supply during the upcoming Ramadan. He came up with the directive during a video conference at the Chief Advisers Office with officials...

Gold prices drop, silver remains unchanged effective from Monday
Gold prices drop, silver remains unchanged effective from Monday

Gold prices have dropped once again in the countrys market, with a reduction of Tk 1,050 per bar for high-quality 22-carat gold. Starting Monday, 22-carat gold will be priced at Tk 138,288 per bar, as announced by the Bangladesh Jewelers Association (BAJUS) in a press release on Sunday. BAJUS...

Winter vegetable prices plunge sharply in Gaibandha market
Winter vegetable prices plunge sharply in Gaibandha market

The prices of winter vegetables in Gaibandha have fallen dramatically, bringing much-needed relief to consumers. Vegetables that were once priced as high as Tk 400 per kg, like green chillies, are now being sold for as little as Tk 30 per kg. Similarly, cauliflower, previously priced at Tk 120, is...

Gold price drops for fourth time in a row
Gold price drops for fourth time in a row

Jewellers have further decreased the price of gold for the fourth time in a row due to a reduction in the price of pure gold on the local market. This time the price dropped by Tk1,680 to Tk1,34,509 per bhori (11.664 grams), according to the Bangladesh Jewellers Association (BAJUS). The...

Elon Musk issues urgent U.S. 'Bankruptcy' warning amid $3 trillion Bitcoin and Dogecoin price surge
Elon Musk issues urgent U.S. 'Bankruptcy' warning amid $3 trillion Bitcoin and Dogecoin price surge

Elon Musk, the Tesla billionaire who recently campaigned in support of U.S. president-elect Donald Trump, has been issuing warnings about a potential financial emergency on the horizon. Musks concerns about the U.S.s growing $35 trillion debt have intensified as the price of Bitcoin continues to...

Fresh winter crops ease vegetable prices
Fresh winter crops ease vegetable prices

Prices of most of the vegetables have dropped after around two months in the capitals kitchen markets with the arrival of fresh crops ahead of the winter season. Amid a soaring trend of prices of all the essential commodities, prices of vegetables, farm eggs and chicken have declined over the...

Onion, potato prices continue to soar
Onion, potato prices continue to soar

The prices of potatoes and onions continue to soar at kitchen markets countrywide amid a dwindling stock of the locally grown varieties of the two most essential items. However, the supply of winter vegetables is increasing with the arrival of early winter vegetables, bringing some relief to the...

Oil prices tumble after Israeli attacks spare Iran facilities
Oil prices tumble after Israeli attacks spare Iran facilities

Oil prices tumbled in early Asian trading on Monday with dealers relieved thatIsraeli strikes carried out on Saturday against military targets in Iran had spared the countrys oil installations, reports AFP. The price of North Sea Brent for delivery in December fell by 4.05 percent to $72.97,...

Tensions circulate over gold firms amid mideast woes, election uncerainty
Tensions circulate over gold firms amid mideast woes, election uncerainty

Gold prices again edged up on Friday after recovering from a profit-taking bout as Middle East tensions escalate and U.S. election jitters supported prices, reports Reuters. Spot gold was up 0.2 percent at $2,741.50 per ounce by on Friday (Local time). Prices hit a record $2,758.37 on Wednesday...

Vegetable prices fall by Tk20 per kg
Vegetable prices fall by Tk20 per kg

The prices of vegetables have started falling in the Dhakas kitchen markets as supply has increased with early winter vegetables coming in as a blessing for consumers, reports The Business Standard. During visits to Karwan Bazar, Kallyanpur, and Hatirpool markets on Friday, it was seen that the...

Govt to import of another 4 crore eggs to stabilise market
Govt to import of another 4 crore eggs to stabilise market

The interim government has approved the import of 4 crore more eggs to increase supply and make the market stable, reports The Business Standard. A notification in this regard was issued by the Ministry of Commerces internal trade-1 wing on Wednesday. According to the notification, 12 traders...

Gold price continues to set new record
Gold price continues to set new record

Jewellers have raised the price of gold by Tk1,889 to Tk141,951 per bhori (11.664 grams) due to a hike in the price of pure gold in the international market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting held...