Govt working to further reduce internet prices: Ahmad Taiyeb
Govt working to further reduce internet prices: Ahmad Taiyeb

The government is working to further reduce internet prices in the country, said Faiz Ahmad Taiyeb, Special Assistant to the Chief Advisor in charge of the Ministry of Telecommunication and Information Technology. He said that the price of submarine cable bandwidth has already been reduced by 10...

Gold prices soar to record high in Bangladesh before Eid
Gold prices soar to record high in Bangladesh before Eid

Gold prices in the country have reached a new record, with 22-carat gold rising by Tk1,773 to Tk1,57,872 per bhori (11.664 grams), the highest ever in the country ahead of Eid. The Bangladesh Jewellers Association (BAJUS) made the decision at a meeting on Friday, citing the price hike of pure...

Meat prices soar unchecked ahead of Eid
Meat prices soar unchecked ahead of Eid

Eid is only nine days away. In this short period, the price of chicken has increased by 40 to 50 taka per kilogram within just three days. The price of beef has also gone up, now selling for 750 to 800 taka per kilogram. The prices of dates, eggplants, and lemons have not decreased. However, fish...

Gold prices hiked by Tk2,613 per bhori
Gold prices hiked by Tk2,613 per bhori

Jewellers have inflated the price of high-quality gold further by Tk2,613 to Tk1,53,475 lakh per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the...

Global coffee industry hit by soaring prices and supply challenges
Global coffee industry hit by soaring prices and supply challenges

Global coffee traders and roasters report significantly reducing their purchases, as the industry struggles with a sharp rise in prices that suppliers have not been able to get retail stores to accept. At the US National Coffee Association annual convention in Houston this week, attendees said...

Potato farmers in Gaibandha suffer losses as cold storage crisis deepens
Potato farmers in Gaibandha suffer losses as cold storage crisis deepens

Gaibandhas potato farmers are facing significant losses due to a severe shortage of space in cold storage facilities, despite a bumper harvest this season. Even after storing a large quantity of potatoes in local markets and at home, farmers are struggling to find space for their remaining...

Market prices calm after initial surge at the start of Ramadan
Market prices calm after initial surge at the start of Ramadan

The early spike in prices of essential items such as potatoes, onions, vegetables, and chicken at the start of Ramadan has mostly eased in Dhakas markets. However, due to reduced supply, the price of vegetables is slightly higher. Overall, commodity prices have been stable from the beginning...

Saudi oil giant Aramco reports decline in annual profit, cuts dividend
Saudi oil giant Aramco reports decline in annual profit, cuts dividend

Saudi Arabias state oil giant, Aramco, has announced a decline in its net profit for 2024, reporting $106.2 billion, down from $121.3 billion in 2023, UNB reported, citing other agencies. The company also revealed a significant reduction in its dividend payouts for 2025, expecting total...

Gold prices drop further by Tk2,624 per bhori
Gold prices drop further by Tk2,624 per bhori

Jewellers have lowered the price of gold further by Tk2,624 to Tk1,48,343 per bhori (11.664 grams) amid a tariff drop on pure gold. With this decision, the price of gold has reduced for the third time in a week. The Standing Committee on Pricing and Price Monitoring of the Bangladesh...

People’s Poultry and Hatchery Ltd fined Tk7.2m for inflating egg prices
People’s Poultry and Hatchery Ltd fined Tk7.2m for inflating egg prices

The Bangladesh Competition Commission has imposed a fine of Tk7.2 million on Peoples Poultry and Hatchery Ltd for engaging in anti-competitive practices, leading to a rise in egg prices. The ruling comes after an extensive investigation into the allegations against the company of manipulating...

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...

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...

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...