Bangladesh inflation rises to 8.29% in November
Bangladesh’s inflation rose to 8.29% in November from 8.17% in October, the Bangladesh Bureau of Statistics (BBS) said on Sunday (December 7). Year-on-year, the rate fell from 11.38% in November 2024. BBS data show food prices drove the monthly uptick, with food inflation rising to 7.36% in November from 7.08% a month earlier, while non-food inflation eased slightly to 9.08% from...
New Tk 500 note launches today
Bangladesh Bank has launched a newly designed Tk 500 banknote as part of its “Historic and Archaeological Architecture of Bangladesh” currency series. The note enters circulation today (December 4) and will remain valid alongside all existing paper denominations currently in use. In a press release issued by the central bank, it was announced that the new Tk 500 note bears the...
Fingertips Innovations to launch ‘ShoppersLink’ e-commerce portal
Fingertips Innovations Ltd, one of Bangladesh’s leading joint-venture information technology firms, is set to launch ShoppersLink, billed as the country’s first e-commerce portal dedicated exclusively to Bangladeshi products. The platform aims to become the primary marketplace for goods produced by local entrepreneurs and domestic enterprises, focusing solely on the buying and selling of...
Gold prices cut by Tk1,353 per bhori
Jewellers have reduced the price of gold by Tk1,353, bringing it down to Tk2,08,167 per bhori (11.664 grammes), following a fall in the price of pure gold in the local market. The decision was announced after a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) yesterday. The fresh reduction comes just a day after BAJUS...
Bangladesh Bank keeps policy rate at 10% ahead of polls
Bangladesh Bank has decided to keep its key policy interest rate unchanged, warning that inflationary pressures could rise temporarily in the run-up to the national election and during the upcoming Ramadan as consumer demand strengthens. In a statement issued on Tuesday, the central bank said the decision followed a comprehensive review of the current economic situation, inflation trends and...
Gold price drops again
Gold prices have fallen again in Bangladesh’s market, with the Bangladesh Jewellers Association (Bajus) reducing the price of 22-carat gold by Tk1,364 per bhori. Under the new pricing, the cost of high-quality 22-carat gold now stands at Tk2,06,908 per bhori. The decision was made at a meeting of Bajus’ Standing Committee on Pricing and Price Monitoring on Tuesday and announced...
CID files money laundering case against Diamond World owner
The Criminal Investigation Department’s (CID) Financial Crime Unit has filed a case against Diamond World owner Dilip Kumar Agarwal, accusing him of laundering Tk 678 crore earned from illegally sourced gold and diamonds. The case was registered on Monday at Gulshan Police Station under Section 4(2)(4) of the Money Laundering Prevention Act 2012 (Amended 2015). Senior Police Super Jasim...
Economy not destroyed, conditions improving: Adviser
Finance adviser Dr Salehuddin Ahmed has said the country’s economy has not collapsed and that key indicators show signs of improvement. He also said that economic conditions were “difficult in August,” but recent trends point in a better direction. the adviser was speaking on Sunday (November 16) at the International Mother Language Institute auditorium in Segunbagicha, Dhaka. The...
Gold prices fall in Bangladesh
Jewellers have reduced gold prices by Tk5,447 to Tk2,08,272 per bhori (11.664g) after a fall in the local market rate of pure gold, the Bangladesh Jeweller’s Association (BAJUS) said yesterday. The decision came from a meeting of the BAJUS Standing Committee on Pricing and Price Monitoring held on Saturday. The latest price cut comes just two days after the association raised gold prices by...
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...
All shops, malls to remain open tomorrow across Bangladesh
All shops, commercial establishments, and shopping malls across Bangladesh, including the capital, will remain open as usual tomorrow. The decision was announced today by the Bangladesh Shop Owners Association and the Dhaka Metropolitan Shop Owners Association following a joint meeting of their Standing Committees in Dhaka, according to a press release. The announcement confirmed that...
Toggi Services honoured for CSE IT Infrastructure Modernisation Project
Toggi Services Limited’s project for the Chittagong Stock Exchange (CSE) — the IT Infrastructure Modernisation Project — has been named the 2nd Runner-Up in the Medium IT Project category at the PMI Bangladesh Chapter Project Management Awards 2025. According to a press release, the award recognises Toggi Services’ excellence in project management, strategic deployment of advanced...
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...
