The Bangladesh Jewellers Samity has raised the gold prices in line with the international market prices. The newly revised rates will come into effect today (Friday), said the Samity General Secretary Dilip Kumar Agarwala in a statement on Thursday. As per new rates, a gram of 22-carat gold will now be selling at Tk 4,040, [...]

The Bangladesh Bank (BB) should take cautious steps about an increasing trend in short-term foreign currency financing following its extra liability on the country's foreign exchange reserves, a study has suggested.
"The importers prefer such credit in foreign currency due to lower interest rate," said the study conducted by Bangladesh Institute of Bank Management (BIBM). The [...]

European Union (EU) has decided to increase its investment ratio in the country's service sectors from 40 per cent to 49 per cent for making European investment more attractive and for improving doing business index here.
The decision to make 51:49 ratio of Bangladesh and EU investment was taken during Bangladesh-European Union Business Climate Dialogue, held [...]

The central bank set on Thursday an agriculture credit target of Tk 204 billion for the banks to disburse during the current fiscal year.
The loan was estimated to be 16.24 per cent higher than that of the last fiscal year's target, but nearly Tk 5.99 billion lower than the disbursement of the last fiscal year. [...]

The volume of investment proposals registered with Bangladesh Investment Development Authority (BIDA) during the fourth quarter (Q4) of fiscal year (FY) 2016-17 fell by 22 per cent or nearly Tk 81.92 billion over the previous quarter (Q3).
Investment proposals worth Tk 290.25 billion were made during the April-June period of FY 17, compared to that of [...]

WASHINGTON, July 27 (CNN): Anthony Scaramucci, the new White House communications director who was brought in to bring order to a press shop in turmoil, called into CNN's "New Day" on Thursday and all but blamed chief of staff Reince Priebus for leaking information.
In the remarkable interview, which lasted for more than a half hour, [...]

Bangladesh will install another cross-border high-voltage transmission line for importing 500-megawatt electricity from India, officials said Monday.
This will be the second such line to be used for importing Indian electricity. Currently, 500MW power is being imported everyday from India through the first 400kv transmission grid line.
The state-run Power Grid Company of Bangladesh (PGCB) will set [...]

The government has taken an initiative to widen the scope of investing in bonds, including wage earners' bonds, as part of its efforts to boost bond market in the country as well as increasing remittance inflow through the formal channels, officials said.
Finance Minister AMA Muhith recently issued an official instruction, asking the senior officials of [...]

City-dwellers will have to pay 5.0 per cent higher price plus VAT for water usages from August as Dhaka Water Supply and Sewerage Authority (DWASA) has again raised its tariffs.
The bill per unit (1,000 litres) of water will be Tk 10.50 for residential users from the existing rate of Tk 10 while commercial rate will [...]

Roadside stalls have marked a significant rise over the last few years in and around the city due mainly to the increasing demand of the growing population for foods and other edible products, insiders have said.
Besides, many unemployed people find such roadside business lucrative with vested quarters helping them in carrying out such trading.
"I think [...]