Category: Economic

History-making gold worth over two lakh rupees

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Desk Report: The price of gold has been increased again in the country’s market. This has created a new record for the highest price of gold. The price of the best quality or 22-carat gold per bhori (11.664 grams) has been increased by 3,150 taka. This has made the price of one bhori gold 2 lakh 726 taka. This is the first time that one bhori gold has become 2 lakh taka in the country’s market. This price has been increased in view of the increase in the price of…

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Bangladesh Bank bought nearly $2 billion in three months

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Desk Report: Bangladesh Bank bought nearly $2 billion in three months Bangladesh Bank has continued to buy surplus dollars from banks to stabilize the country’s foreign exchange market and support the flow of remittances and export earnings. The central bank has bought about 2 billion or 2 billion dollars in the first three months of the 2025-26 fiscal year. According to Bangladesh Bank, a total of 104 million US dollars (104 million dollars) were bought from 8 banks through the ‘multiple price’ auction method on Monday. At that time, the…

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Remittances worth $2.68 billion arrived in September

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Desk Report: There has been an upward trend in the foreign income or remittances sent by expatriate Bangladeshis. In the just-ended September, 2.68 billion (268 crore 58 lakh) US dollars came to the country, which is about 32 thousand 757 crore taka in Bangladeshi currency (122 taka per dollar). This information has been revealed from the updated report of Bangladesh Bank. According to the report, in September, 46 crore 68 lakh 10 thousand dollars came through state-owned banks, 25 crore 82 lakh 10 thousand dollars came through specialized banks (Agricultural…

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New tolls at Chittagong port effective from October 15

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Desk Report: A new deadline has been set for the implementation of the new tariff at Chittagong Port. According to the latest decision, the new tariff will be effective from 12:01 am on October 14. Earlier, it was decided that it would be implemented from September 15. However, the decision of the Port Board was postponed by a month. The Chittagong Port Authority has informed in a notification that the fare bills, containers and cargo bills of all ships arriving at the port after the specified time will be collected…

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Approval of bonds worth Tk 2,300 crore from three banks

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Desk Report: The capital market regulator Bangladesh Securities and Exchange Commission (BSEC) has approved bonds worth Tk 2,300 crore of three banks. Of these, Tk 1,000 crore is from BRAC Bank, Tk 800 crore is from United Commercial Bank PLC or UCB and Tk 500 crore is from Trust Bank PLC. The bonds will have to be listed on the Alternative Trading Board (ATB). The approval was given at the 975th commission meeting held today (September 30) under the chairmanship of BSEC Chairman Khandaker Rashed Maqsood. BSEC Assistant Director (Public…

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Trump imposes 100 percent tariff on medicines, a big blow to Indian industry

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Desk Report: The United States is implementing a tariff of up to 100 percent on imports of branded and patented pharmaceutical drugs from October 1. US President Donald Trump announced this on Thursday. India’s pharmaceutical industry, which is one of the most dependent on trade with the United States, may be significantly affected by this decision. Trump wrote on his own Truth Social, “Starting October 1, 2025, we will impose a 100 percent tariff on any branded or patented pharmaceutical product. If a company builds their pharmaceutical manufacturing plant in…

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Remittances exceed $2 billion in 21 days

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Desk Report: Remittances or expatriate income has maintained a positive trend in September as well. About 2.03 billion dollars in remittances were received in the first 21 days of the month. If this trend continues, remittances could cross the 3 billion dollar mark by the end of the month. This information was revealed by Bangladesh Bank sources on Monday. Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan said that remittances of 2031 million or 2.03 billion dollars were received in the 21st of September; the amount in Bangladeshi currency…

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ECNEC approves 13 projects worth Tk 8,333 crore

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Desk Report: The Executive Committee of the National Economic Council (ECNEC) has approved 13 projects costing Tk 8,333.28 crore. Of this, government financing is Tk 4,437.82 crore, project loan is Tk 1,225.36 crore and the organization’s own financing is Tk 2,670.9 crore. Of these, seven are new projects, five are revised projects and one is a project with an extension of the period without increasing the cost. The approval was given at the ECNEC meeting held at the NEC conference room on the Planning Commission premises on Wednesday under the…

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Highest trading volume in a year on DSE

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Desk Reports : The country’s stock market has seen a revival again. After a long slowdown, the index and the trading volume have increased noticeably. The first working day of the week, Sunday, saw the highest trading volume in the last one year on the Dhaka Stock Exchange (DSE). The rise in the index was quite clear on the day. The increase in prices on the DSE was almost one and a half times more than the decline. A total of 201 companies increased their share prices, 141 decreased and…

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National Bank’s Dhanmondi Extension Branch at new address

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Desk Reports :  National Bank’s Dhanmondi Extension Branch was inaugurated at a new address. Adil Chowdhury, Managing Director of National Bank, was present as the chief guest at the inauguration ceremony organized by Dhanmondi Extension Branch on August 24. National Bank’s Deputy Managing Directors (In-Charge) Kazi Kamal Uddin Ahmed and Md. Meshkat-ul-Anwar Khan, Biswas Builders Limited Executive Director SM Shamim Hasan, M/s Islam Traders Proprietor and Importer Md. Shafiqul Islam, National Bank’s Dhaka South Regional Manager and EVP Ashish Kumar Laskar, Dhanmondi Extension Branch Manager and AVP Mohammad Nabir Hossain…

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