Business

Gold prices approaching Tk1 lakh per bhori

The price of gold is close to hitting Tk 1 lakh per bhori, a record hike in the rate of this precious metal in Bangladesh. Jewellers hiked gold prices by Tk

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LC restriction squeezes imports, slows economy

LC tightening enforced in the wake of dollar crunch squeezes imports and slows economy that prompts an industry leader to urge the government to relax restrictions. A noted banker joins

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BGMEA solicits EU support for sustainable growth

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan met with Directorate-General for Employment, Social Affairs and Inclusion, European Commission in Brussels Joost Korte on Wednesday. BGMEA President requested

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181 business persons chosen for CIP award

The government will award a total of 181 business persons with CIP (commercially important person) status for the year 2021. Of the awardees, 140 will receive the status for outstanding

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BCI, BCC sign MoU to promote trade, business in two neighboring nations

Bangladesh Chamber of Industries (BCI) and Bharat Chamber of Commerce (BCC), India, have signed a Memorandum of Understanding (MoU) to promote trade and business in two neighboring nations. Anwar-ul Alam

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Dates, fruits to be more costly during Ramadan

This year, the consumers will have to spend more money than usual in case of purchasing dates and other fruits-two essential items in iftar during Ramadan, due to importers’ difficulty

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After chicken, veg prices now soaring ahead of Ramadan

Amid people paying through their noses for white meat, vegetable prices have now started to creep up in Dhaka kitchen markets with Ramadan just around the corner. Low-income groups are

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Russia wants to export LNG to BD

Russia has proposed to export liquefied natural gas (LNG) to Bangladesh during the ongoing inter-governmental commission meeting between the two countries being held online, said sources. The offer came at

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UAE retailers declare 75% discount on essentials during Ramadan

Hypermarkets and super shops across the United Arab Emirates (UAE) have declared up to 75 percent off on over 10,000 food and nonfood products during the holy Ramadan, the Khaleej

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PHP country’s first to recycle ship from Japan

PHP Ship Breaking and Recycling Industries Ltd has become the first ship recycling facility in Bangladesh to receive a ship from Japan for recycling. Nippon Yusen Kabushiki Kaisha (NYK), Japan

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