Gold prices rise again in Bangladesh
Jewellers have raised gold prices by Tk5,248, setting the new rate at Tk2,13,719 per bhori (11.664 grammes) following an increase in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) announced the decision on Thursday after a review meeting. This comes weeks after gold hit a record high of...
Fresh hike in edible oil prices proposed
The Bangladesh Trade and Tariff Commission has recommended raising retail soybean oil prices by Tk 9.27 per litre, citing higher average LC values, in-bond and ex-bond costs, and a weaker taka against the dollar. In a notice on Monday, the commission proposed setting the maximum retail price of bottled soybean oil at Tk 198.27 per litre, up from Tk 189, and loose soybean oil at Tk 177.85 per...
Foreign reserves fall below $31bn after ACU bill
Bangladesh’s foreign-exchange reserves fell below $31 billion on Sunday (November 9) after the central bank cleared two months of import dues to the Asian Clearing Union (ACU), officials said. The Bangladesh Bank settled about $1.61 billion for September–October trade with ACU member countries, an obligation paid every two months. Reserves, which had edged past $32 billion at the end of...
No terminal deal that harms Bangladesh: Shipping adviser
Shipping Adviser M Sakhawat Hossain has said that no port terminal will be handed over to any operator on terms detrimental to the country. He said, “I am here—and I will stay here. Where would I run?” The adviser made the remarks while inaugurating the Laldia Char container yard in Patenga on Monday (November 10). He said modernising the port requires technology and capital and...
Trading in five Islamic banks’ shares halted
Bangladesh’s securities regulator has suspended trading in the shares of five Shariah-based banks that are moving toward a state-led consolidation, the Dhaka Stock Exchange (DSE) said on Thursday (November 6). The suspension, announced before markets opened, covers First Security Islami Bank, Social Islami Bank, Global Islami Bank, Union Bank and EXIM Bank. The DSE said the institutions...
Boards of five banks dissolved ahead of merger
Bangladesh Bank has moved to consolidate five financially distressed Shariah-based lenders, dissolving their boards and placing the institutions under administrators ahead of a state-led merger Governor Dr Ahsan H. Mansur came up with the announcement in Dhaka on Wednesday (Nov 5). The banks are First Security Islami Bank PLC, Global Islami Bank PLC, Union Bank PLC, EXIM Bank PLC and...
Bangladesh exports fall 7.43% in October
Bangladesh’s export earnings declined for a third consecutive month in October, falling 7.43% year-on-year to $3.82386 billion. The figure is $306.89 million lower than the same month a year earlier, according to data released by the Export Promotion Bureau. Readymade garments (RMG), which typically account for about four-fifths of national exports, led the downturn, with October...
LPG price cut: 12kg cylinder now Tk1,215
Bangladesh’s energy regulator has reduced the retail price of liquefied petroleum gas (LPG) for November, cutting the 12kg cylinder by Tk26 to Tk 1,215, effective from Sunday evening (November 2). Announcing the revised tariff at a press conference at the Bangladesh Institution of Engineers (IEB) in Ramna, the Bangladesh Energy Regulatory Commission (BERC) also lowered the price of...
Exporters press six-point plan after Dhaka airport cargo fire
Bangladesh’s exporters have set out six urgent measures after the blaze at Hazrat Shahjalal International Airport’s import cargo complex, urging a full investigation and a comprehensive tally of losses before implementation. The Exporters Association of Bangladesh (EAB) announced the demands at a press conference in Dhaka on Monday (October 20), following the weekend fire that severely...
Port trucking stalls amid C&F agents’ four-hour strike
Bangladesh’s main seaport faced mounting disruption after prime mover and trailer owners halted container moves and clearing and forwarding (C&F) staff launched a four-hour work stoppage over a sharp rise in vehicle gate-pass fees under a revised tariff schedule. Owners said they stopped running prime movers and trailers from late on October 14, following the Chattogram Port Authority’s...
Govt hasn't raised edible-oil prices: commerce adviser
Commerce Adviser Sk Bashir Uddin said the government has not approved any increase in retail prices of edible oil and dismissed a recent press statement from the refiners’ association as lacking legal standing. He made the remarks to reporters in Dhaka on Tuesday (October 14). Responding to questions about reports that soybean and palm oil prices would rise, the adviser said the...
Gold prices soar in Bangladesh, hitting all-time high
The Bangladesh Jeweller’s Association (Bajus) has raised gold prices by Tk4,618 per bhori (11.664 grams), setting a new record in the country’s market. The new rates will take effect from Tuesday, according to a press release issued Monday night. The price hike comes as pure (tejabi) gold prices rose in the local market. Under the revised rates, 22-carat gold is now priced at Tk2,13,719...
China gains in EU as Bangladesh apparel exports lose momentum
China’s clothing exports to Europe are increasing, while those of Bangladesh are declining. This shift is putting pressure on Bangladesh’s garment sector, which depends heavily on the EU market. In the first quarter of the current 2025–26 fiscal year (July–September), Bangladesh exported ready-made garments worth $4.746 billion. That compares with $4.579 billion in the same period a...
UK trade envoy visits Unilever Bangladesh’s Kalurghat factory
The United Kingdom’s trade envoy to Bangladesh, Baroness Rosie Winterton DBE, visited Unilever Bangladesh Limited’s (UBL) Kalurghat factory in Chattogram alongside British High Commissioner Sarah Cooke and a senior team from the mission. UBL’s leadership—including Chairman and Managing Director Zaved Akhtar, Chief Finance Officer and Finance Director Zinnia Huq, Corporate Affairs,...
JP Morgan chief warns of potential sharp fall in US stock market
Jamie Dimon, the influential chief executive of JP Morgan Chase, has warned that the United States faces a higher risk of a sharp stock market downturn than investors currently anticipate. Speaking to the BBC in a rare, wide-ranging interview, the head of America’s largest bank said he was “far more worried than others” about the prospect of a significant correction in equities, which...
Gold price in Bangladesh hits record after fresh hike
The price of gold has increased again by Tk1,469 per bhori (11.664 grams), just a day after surpassing the Tk2,00,000 mark. According to a statement from the Bangladesh Jewellers’ Association (Bajus) issued on Tuesday night, the new rates will take effect from Wednesday morning. Under the revised rates, 22-carat gold now costs Tk2,02,195 per bhori—the highest on record in Bangladesh....
12kg LPG price reduced by Tk 29
The price of bottled liquefied petroleum gas (LPG) for consumers has been reduced by Tk29 per 12kg cylinder for October, bringing the new price down to Tk1,241 from Tk1,270, according to the Bangladesh Energy Regulatory Commission (BERC). The new rate will come into effect from 6pm on Tuesday (October 7). BERC Chairman Jalal Ahmed announced the revised prices at a press conference at the...
Gold price in Bangladesh tops Tk2 lakh per bhori for first time
Gold prices in Bangladesh reached an all-time high on Monday, crossing the Tk2 lakh mark per bhori (11.664 grams) for the first time, following consistent increases throughout September and early October. The Bangladesh Jewellers’ Association (Bajus) announced a Tk3,150 rise for 22-carat gold, setting the new rate at Tk2,00,775 per bhori, effective Tuesday. According to Bajus’...
Gold prices surge to new high in Bangladesh
Gold prices in Bangladesh have reached a new record, with the Bangladesh Jewellers Association (BAJUS) increasing the rate of 22-carat gold to Tk 197,576 per bhori (11.664 grams) after a fresh hike of Tk 2,192. The new rates will be effective from Sunday, according to a BAJUS press release issued Saturday night. Following the revision, 21-carat gold will be sold at Tk 1,88,595 per bhori,...