No load shedding during Ramadan, summer, says energy advisor
No load shedding during Ramadan, summer, says energy advisor

Bangladeshs electricity and energy advisor, Muhammad Fouzul Kabir Khan, has assured that there will be no load shedding during Ramadan and the summer months. Speaking at a seminar on renewable energy at the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) building in Uttara on...

Imported fruit prices surge by up to Tk100 per Kg ahead of Ramadan
Imported fruit prices surge by up to Tk100 per Kg ahead of Ramadan

The prices of imported fruits have soared by Tk30 to Tk100 per kilogram, following the imposition of higher supplementary duties on all imported fruits since January 9, 2025. The Bangladesh Fresh Fruits Importers Association (BFFIA) has reported that traders are significantly reducing the number of...

US egg prices skyrocket amid ongoing bird flu outbreak
US egg prices skyrocket amid ongoing bird flu outbreak

An ongoing bird flu outbreak in the United States has sent egg prices soaring, with consumers facing record-high costs for one of their basic protein sources. The average price of a dozen Grade A eggs hit an unprecedented $4.95 in January 2025, according to the latest data from the US Bureau of...

Central bank increases prices of gold-silver commemorative coins
Central bank increases prices of gold-silver commemorative coins

The central bank of Bangladesh has announced a price increase for its commemorative gold and silver coins, effective immediately. According to a press release from the Department of Communications and Publications, the adjustment comes in response to the rising prices of gold and silver in both the...

Gold price hits record high of nearly Tk1.50 lakh per bhori
Gold price hits record high of nearly Tk1.50 lakh per bhori

Gold prices in Bangladesh have reached a new record, with 22-carat gold rising by Tk1,994 to Tk1,49,812 per bhori (11.664 grams), the highest ever in the country. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting...

NBR imposes 25% regulatory duty on rice bran oil exports
NBR imposes 25% regulatory duty on rice bran oil exports

The National Board of Revenue (NBR) has introduced a 25% regulatory duty on the export of both crude and refined rice bran oil to boost domestic supply and stabilize prices. The new tax measure, announced in a notification on Sunday, aims to discourage exports of rice bran oil, reports BSS. This...

Gold prices soar historic high, Tk1.48 lakh per bhori.
Gold prices soar historic high, Tk1.48 lakh per bhori.

Gold prices have reached a historic peak in Bangladesh, with the Bangladesh Jewellers Association (Bajus) raising the price of 22-carat gold by Tk2,928 per bhori. The new price now stands at Tk147,818 per bhori, marking the highest cost ever recorded in the countrys history. The price hike,...

No major price hikes expected during Ramadan: Commerce adviser
No major price hikes expected during Ramadan: Commerce adviser

Commerce Adviser Sheikh Bashiruddin has assured that commodity prices will not surge during the upcoming Ramadan as the country has a proper import management system and a sufficient stock of essentials. He made the remark at a policy conference titled Reasonable Prices of Food Products:...

Prices of LPG cylinders go up again
Prices of LPG cylinders go up again

The price of a 12kg LPG cylinder has been fixed at Tk 1,478 for the month of February, up by Tk 19 from the previous month. The new price will be effective from 6:00 pm Sunday. According to the Bangladesh Energy Regulatory Commission (BERC), the price of per kg LP gas has been increased by Tk...

Gold price hits record high of Tk1.44 lakh a bhori
Gold price hits record high of Tk1.44 lakh a bhori

Gold prices in Bangladesh have reached a new record, with 22-carat gold rising by Tk2,100 to Tk1,44,890 per bhori (11.664 grams), the highest ever in the country. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting...

Gas hike sparks garment concerns
Gas hike sparks garment concerns

Business leaders in Bangladeshs textile and garment sector have raised concerns over the recent gas price hike, citing its impact on the already struggling industry. They highlighted ongoing stagnation in garment exports, rising production costs, and disruptions in both import and export...

Gold price inflates further
Gold price inflates further

Jewellers have increased the price of gold by Tk1,365, bringing the cost to Tk1,42,790 per bhori (11.664 grams) within a day of the price hike of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the...

Marico’s price limit lifted; declares 440% interim dividend
Marico’s price limit lifted; declares 440% interim dividend

Dhaka Stock Exchange (DSE) has announced that there will be no price limit on the trading of Marico Bangladesh shares on Tuesday, following its corporate declaration. The Board of Directors of Marico Bangladesh has declared an interim cash dividend of 440 percent, equivalent to BDT 44 per share...

Govt ends special OMS program for low-income people
Govt ends special OMS program for low-income people

The government has decided to discontinue the special Open Market Sale (OMS) program that provided low-cost agricultural products to low-income groups via trucks. Finance Advisor Dr. Salehuddin Ahmed announced on Tuesday that the program would cease operations starting January, following a decision...

Oil prices rise on supply concerns, Fed rate cut expectations
Oil prices rise on supply concerns, Fed rate cut expectations

Oil prices climbed on Friday, set for a fourth consecutive weekly gain, fueled by concerns over tightening supply due to U.S. sanctions on Russian oil producers and signals from a Federal Reserve official hinting at potential interest rate cuts, reports Reuters. Brent crude futures rose by 13...

Pakistani band 'Kaavish' concert in Dhaka rescheduled
Pakistani band 'Kaavish' concert in Dhaka rescheduled

Pakistans famous band Kaavish was scheduled to perform in Dhaka for the first time. The concert, Dhaka Dreams: Kaavish Live in Concert, was set for the 10th and 11th of January at the Army Stadium in Dhaka. However, the event organizers, Blue Brick Communications, revealed a change in the dates at...

Businesspeople in awe
Businesspeople in awe

The countrys industrial sector has been grappling with persistent challenges, with no signs of improvement. Difficulties are soaring for local industrialists as they have been struggling for a long time with dollar shortages, high interest rates, labour unrest, and other issues that made it harder...

Rice prices will drop soon with no shortage in the market: commerce advisor
Rice prices will drop soon with no shortage in the market: commerce advisor

Commerce Advisor Sk Bashir Uddin reassured the public that there is no shortage of rice in the market. He emphasized that both the countrys rice reserves and local production are more than adequate, particularly with the Aman season in full swing. There is no logical reason for the current high...

Considering alternatives to manufacturing is a miscalculation
Considering alternatives to manufacturing is a miscalculation

The manufacturing sector has long been the backbone of Bangladeshs economy, fueled by affordable gas and low-cost labor. These factors enabled rapid industrial growth despite the countrys significant investment challenges, including high infrastructure costs and elevated bank interest rates....

A political government needed to overcome the economic crisis
A political government needed to overcome the economic crisis

The countrys business environment has become increasingly inhospitable, with the economy teetering on the brink of stagnation and crisis. Industrial capacity is dwindling, the devaluation of the taka against the dollar has disrupted raw material imports, and worker discontent is mounting as...

Gas price hikes will have multiple effects on industries
Gas price hikes will have multiple effects on industries

The countrys industrial sector is currently at a standstill. Industrial establishments are closing down one after another. Investors cant make new industries for various reasons. The price of gas is being increased again in this tough time for the industrial sector. The Energy and Mineral Resources...

VAT hike to have no impact on essential goods prices: Finance Adviser
VAT hike to have no impact on essential goods prices: Finance Adviser

Finance Adviser Dr Salehuddin Ahmedassured that the recent decision to increase VAT on 43 items will not impact the prices of essential goods. He made this remark while speaking to the media following a meeting of the Advisory Council on Government Procurement at the Secretariat on Thursday (Jan...

Reasons to be optimistic about the US economy in 2025
Reasons to be optimistic about the US economy in 2025

The world faces numerous significant challenges as we move into 2025, but the US economy is not one of them. Driven by sustained consumer spending, the US has experienced a remarkable economic recovery from the pandemic downturn, which carried on into 2024. Economic growth has consistently...

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...

Oil prices edge higher on hopes for more China stimulus
Oil prices edge higher on hopes for more China stimulus

Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the worlds biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel by...

IMF expresses concern over commodity prices hike in Bangladesh
IMF expresses concern over commodity prices hike in Bangladesh

The International Monetary Fund (IMF) has expressed concern over the continued rise in commodity prices in the Bangladesh market. For this, the organization has advised the interim government to take effective initiatives to reduce commodity prices. The IMF believes that the Bangladesh economy...

Gold price increases again
Gold price increases again

Jewellers have increased the price of gold by Tk 2,088 to Tk 1,40,586 per bhori (11.664 grams) within four day of dropping price of the precious metal. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting on...

Govt trying to keep prices of essentials tolerable till Ramadan: Dr. Salehuddin
Govt trying to keep prices of essentials tolerable till Ramadan: Dr. Salehuddin

Finance Adviser Dr. Salehuddin Ahmed has said that the government is working to keep the prices of essential commodities within tolerable level in the market until the Holy Ramadan, reports UNB. Were trying to ensure that the prices in the market remain tolerable. But its a tough job. The nature...