Sat, 23 Nov 2024, 07:44 am
Economy

Gold price drops by Tk 3,138 per bhori

Jewellers in the country have reduced the gold prices by Tk3,138 per bhori and the new rate will be effective from 4 pm on Tuesday. Bangladesh Jewellers Association (BAJUS) came

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Departmental stores draw 49.61pc credit card transactions

Departmental stores were the primary destination for credit card transactions, accounting for 49.61 per cent of transactions in February, according to a Bangladesh Bank report. Apart from departmental stores, about

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Bank interest rate spread crosses 5pc after 9 years

The weighted average interest rate spread in Bangladesh’s banking sector exceeded 5 per cent in February after 2015, driven by rising lending rates. According to Bangladesh Bank data, the overall

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Gold price drops by Tk840 per bhori

Jewellers have decreased the price of gold by Tk840 to Tk1,18,797 per bhori (11.664 grams) due to a reduction in the price of pure gold on the local market. The

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No more merger proposal for now: BB official

The Bangladesh Bank has decided not to accept any further proposals for bank mergers at the moment, as it has already received five proposals for mergers, according to a senior

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Price fall in large-cap drives stocks down

Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) — today plunged due to mainly price fall in large-cap securities. DSEX, the prime index of the

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Import restrictions bring no major let-up

Import restrictions on luxury items and other policies implemented by the government during the past two years have failed to tackle the dollar shortage and ease the economic crisis. The

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Gold price hits new record above $2,300

Gold broke above $2,300 for the first time Thursday as it continued to surge on the back of expectations that United States interest rates will come down this year and

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Sikder Group issues statement responding to corruption allegations against directors

Sikder Group, a prominent business conglomerate in Bangladesh, has issued a statement in response to various media reports regarding a case filed by the Anti-Corruption Commission against its directors, Rick

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Bus fare likely to reduce by 3 paisa per km

The Bangladesh Road Transport Authority (BRTA) has recommended cutting down bus fares by 3 paisa per kilometre following the recent reduction in diesel prices. The committee responsible for fixing bus

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