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Bottled Soybean oil prices raised by Tk 4 per litre
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18 Apr 2024, 16:42
The price of bottled soybean oil has been hiked by Tk 4 on the other hand the price of loose soybean oil reduced by Tk 2 per litre.
State Minister for Commerce Ahasanul Islam said this at a press briefing at the secretariat on Thursday (April 18).
According to the new decision, price of bottled soybean oil hiked to Tk 167 from Tk 163 per litre.
The State Minister said that the price of loose soybean oil has been reduced to Tk 147 from Tk 149 per liter. However, the price of bottled soybean oil has been increased from Tk 163. This price will be effective from tomorrow.
Earlier, on Monday Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers proposed the government to raise the price of soybean oil by Tk 10 to Tk 173 per liter.
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Export earnings rise 10% in March
The export of goods valued at $5.10 billion in March this year. Export earnings increased by about 10 percent.
This information was revealed in the updated report of the Export Promotion Bureau (EPB) released on Tuesday (April 2).
However, The earnings from exported goods fell short of the export target form the last month by 0.88 percent.
In the first nine months (July-March) of the current fiscal year, overall exports worth $43.55 billion, which is 4.39 percent higher than the same period of the previous year, according to the EPB data.
Meanwhile, export earnings in readymade garments, agriculture and plastic sectors have increased. In the nine months of the fiscal year, export earnings in the readymade garment sector increased by about 5.5 percent.
LPG price cut by Tk 40 for 12 kg cylinder
Bangladesh Energy Regulatory Commission (BERC) has reduced the price of a 12-kg cylinder of liquefied petroleum gas (LPG) by Tk 40 at the retailer level. The newly fixed price of LPG is Taka 1,442, which was Taka 1,482.
BERC Chairman Nurul Amin announced the new price at a press conference on Wednesday (April 3) noon. The new prices will be effective from 6 pm.
Meanwhile, On March 3, the price of LPG was increased at the consumer level for the eighth consecutive month. Earlier On February 4, the BERC raised the price of a 12-kg cylinder by Tk 41 to Tk 1,474.
BASIC Bank to merge with City Bank
This time, BASIC Bank will merge with City Bank.
This decision was taken in a meeting held at Bangladesh Bank on Monday.
The decision was taken at a meeting held at Bangladesh Bank on Monday (April 8). The meeting was held between Bangladesh Bank Governor Abdur Rauf Talukdar and City Bank Chairman Aziz Al Kaiser along with Managing Director (MD) Mashrur Arefin.
Earlier on March 19, City Bank's board was advised to merge BASIC Bank. Then the matter was discussed between the boards of City and BASIC Bank. According to some sources, even if the two banks are merged, they will report separate financials for the next three years.
Gold prices hit a record high
Gold prices creating records one after another in the world market. The price of this precious metal is constantly increasing.
For the first time in history, gold prices rose above $2,400 per ounce to an all-time high on Friday ( April 12).
Earlier, on April 5, gold prices crossed $ 2,300 an ounce for the first time in the world market. Just seven days later, on Friday, the price exceeded $ 2,400. Which is the highest in the world market.
Experts had expected the price of gold to exceed $ 2,300 per ounce this year. It has already exceeded. The price of gold will increase further.
Economist Mahfuz Kabir said that the price of gold is increasing in the world market mainly due to the Federal Reserve's indication of reducing interest rates and geopolitical tensions. When interest rates fall, people choose gold as a medium of investment. As a result, the price surges. Gold is now being sold at the highest price in the world market. This price may increase further.
Bottled Soybean oil prices raised by Tk 4 per litre
The price of bottled soybean oil has been hiked by Tk 4 on the other hand the price of loose soybean oil reduced by Tk 2 per litre.
State Minister for Commerce Ahasanul Islam said this at a press briefing at the secretariat on Thursday (April 18).
According to the new decision, price of bottled soybean oil hiked to Tk 167 from Tk 163 per litre.
The State Minister said that the price of loose soybean oil has been reduced to Tk 147 from Tk 149 per liter. However, the price of bottled soybean oil has been increased from Tk 163. This price will be effective from tomorrow.
Earlier, on Monday Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers proposed the government to raise the price of soybean oil by Tk 10 to Tk 173 per liter.
Gold prices slashed by Tk 3,138 per bhori
Bangladesh Jeweller’s Association (Bajus) has reduced the price of gold after three consecutive hikes this month.
The price of gold has been reduced again in the country's market after three days of fixing the new price.
The price of 22 carat gold has been reduced by Tk 3,138 per bhori (11.664 grams) and the new price has been fixed. The price of per bhori of good quality gold (22 Carat)
is 1 lakh 16 thousand 290 taka.
The decision was taken at a meeting of the Bajus Standing Committee on Tuesday (April 23). This information was given in a notification signed by the chairman of the committee Masudur Rahman.
Bangladesh Jewelers Association has fixed the new price of gold considering the overall situation, said Masudur Rahman
However, the price of 21 carat gold has been reduced by Tk 3,009 to Tk 1,10,995.
Gold prices slashed by Tk 629
The price of gold has slashed again. Bangladesh Jewellers Association (Bajus) has reduced the prices of gold by Tk 629 per bhori (11.664gm).
This information was given in a press release signed by Masudur Rahman, chairman of the Standing Committee on Price Fixation and Monitoring cell of (Bajus) on Saturday (April 27).
The new revised prices will be effective on Saturday (April 27). It will remain in effect until further notice.
The price of good quality gold (22 carat gold) has been reduced by Tk 630 per bhori. The price of 22 carat gold will now cost Tk 1,12,931 per bhori. Earlier the price was TK 1,13,561.
