Business-Economy

Gold price hits record high of Tk1.54 lakh per bhori

Staff Correspondent: Gold prices in Bangladesh have reached a new record, with 22-carat gold rising by Tk3,243 to Tk1,54,525 per bhori (11.664 grams), the highest ever in the country. The

Proposed Bay Terminal: Project cost hiked to Tk 149 bn

Staff Correspondent: Long-stalled Bay Terminal infrastructure-building bid resumes with a proposed steep 43.07-percent hike in the project cost to Tk149.09 billion, official sources say. The Ministry of Shipping has submitted

NBR reduces VAT on biscuits by half

Staff Correspondent: The National Board of Revenue (NBR) has reduced the Value Added Tax (VAT) on both machine-made and hand-made biscuits by half. Under the new regulation, the VAT on

Economists must bear responsibility of govt’s success or failure: BB governor

Staff Correspondent: Bangladesh Bank Governor Ahsan H Mansur has said economists must take some responsibility for the success or failure of the current government, whether they want to or not,

Consumers struggle with soaring prices ahead of Ramadan

UNB: Despite large-scale imports, the prices of essential commodities in Bangladesh continue to fluctuate, causing serious concerns among consumers. Many people find a stark contrast between the government’s assurances and

Bangladesh to surpass China in cotton imports

Staff correspondent: The US Department of Agriculture (USDA) has predicted that Bangladesh will surpass China in cotton imports—the primary raw material for the ready-made garment and textile sector—during the current