Trade and Economy
Benapole port to remain closed for seven days during Eid-ul-Azha
Import and export activities at Benapole Land Port, the country’s largest and busiest land port, will remain suspended for seven consecutive days during the Eid-ul-Azha holidays.
Gold prices rise ahead of Eid-ul-Azha
Gold prices in Bangladesh have rised once again ahead of Eid-ul-Azha, with the Bangladesh Jewellers Association (BAJUS) announcing a fresh hike in gold and silver rates effective from Monday morning.
Islami Bank chairman Jubaidaur Rahman resigns
Professor M Jubaidaur Rahman, chairman of Islami Bank Bangladesh, one of the country's largest private banks, has resigned. He submitted his resignation letter to Bangladesh Bank on Sunday, May 24.
Economy boosted by remittances ahead of Eid, nearly $3 billion in 23 days
Expatriate Bangladeshis are sending more money home ahead of Eid-ul-Azha, as they do every year, giving a significant boost to remittance inflows throughout the month. In the first 23 days of May, remittances through official banking channels have reached nearly $3 billion, according to updated central bank data released on Sunday, May 24.
Tk 60,000 crore stimulus announced to revive closed factories, create jobs
Bangladesh Bank Governor Md Mostakur Rahman has announced a Tk 60,000 crore stimulus package to revive closed factories, boost agricultural production and provide working capital loans.
Gold prices to cut again in local markets
Country’s jewellery industry body has once again reduced gold prices in the domestic market, reflecting a decline in the price of refined gold in the local market.
Banks remain open today, transactions till 3pm
Banks across Bangladesh remain open today, Saturday (May 23), ahead of the extended Eid-ul-Azha holidays, allowing customers to complete urgent financial transactions before the nationwide break begins.
Gold prices fall again in global market
Gold prices continued to decline in the international market amid concerns that the US Federal Reserve may raise interest rates further due to rising oil prices and a stronger US dollar, increasing pressure on investors.
Bangladesh Bank directs uninterrupted ATM, digital transactions during Eid holidays
The Bangladesh Bank has issued special instructions to ensure uninterrupted banking and digital financial services during the upcoming Eid-ul-Azha holidays, aiming to maintain smooth transactions for customers nationwide.
Gold prices rise again after three consecutive price cuts
After reducing prices three times, the Bangladesh Jewelers Association (BAJUS) has decided to increase the price of gold in the domestic market. BAJUS said that this adjustment has been made considering the overall situation due to the increase in the price of pure gold in the local market.