The Finance Ministry today allocated Tk 212.08 crore for 21,552 workers who were not permanent at jute mills, now closed, under Bangladesh Jute Mills Corporation (BJMC).

The discussion between the apparel makers and the cabinet secretary held today could not decide whether the garment factories will remain closed or open during the 14-day countrywide lockdown starting from July 23.

The government today fixed the prices of the salt-applied rawhides of cows at Tk 40-45 per square feet in Dhaka and Tk 33-37 across the country.

Bangladesh urgently needs to assess the possible implications of Intellectual Property Rights (IPR) to overcome the challenges during the post-LDC graduation, eminent economist Dr Debapriya Bhattacharya has said.  

The US Senate passed legislation on Wednesday to ban the import of products from China's Xinjiang region, the latest effort in Washington to punish Beijing for what US officials say is an ongoing genocide against Uyghurs and other Muslim groups.

The country’s agro-processors yesterday urged the government to allow their factories to remain open during the 14-day countrywide lockdown starting from July 23.

Sales and profits of LafargeHolcim Bangladesh jumped in the second quarter of 2021 (April to June) thanks to a newly launched business of aggregate and the inclusion of new products in its portfolio.

The National Board of Revenue (NBR) is likely to launch its new online tax return filing system in September this year, said officials yesterday.

Standard Chartered Bank Bangladesh has recently been recognised as the “Best International Bank” at Euromoney Awards for Excellence 2021. 

The Bangladesh Securities and Exchange Commission (BSEC) yesterday gave the go-ahead to Oryza Agro Industries and Master Feed Agrotec to raise funds of Tk 10 crore each from the stock market through its SME board.

Unilever Bangladesh yesterday provided 100 oxygen concentrators as a donation to the Directorate General of Health Services (DGHS) to come to the aid of Covid-19 patients. 

Loans written off by banks declined sharply in the first quarter of this year as the lenders’ capacity to keep 100 per cent provisioning against their delinquent assets has decreased because of the slowdown in their business.

Britain’s fisheries have been sold out by the post-Brexit trade deal agreed with the European Union, the head of an industry body said on Wednesday, urging the government to do more for the sector when a so-called adjustment period ends in 2026.

The blue-chip index of the Dhaka Stock Exchange is lagging behind the broader index as most investors prefer to bet on low-priced securities and are driven by rumours instead of making investment decisions by examining the fundamentals of companies.

A coronavirus lockdown in Sydney, Australia’s most populous city, threatens to shrink the country’s economy in the third quarter, with a slow vaccine rollout adding to the headwinds. 

US Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell will discuss the hot housing market and its risks with fellow regulators on Friday, Bloomberg News reported. 

British inflation surged further above the Bank of England’s target in June to strike 2.5 per cent, its highest since August 2018, placing a new focus on the BoE’s plan to keep its huge stimulus programme in place. 

Singapore’s economy contracted in the second quarter after battling new outbreaks of Covid-19 but economists expect it to get back on track quickly as global growth picks up and vaccination rates rise. 

Germany’s economic recovery from the Covid-19 crisis is at full swing, and the outlook for the industry remains positive despite supply bottlenecks for intermediate products, the German Economy Ministry said on Wednesday. 

US Trade Representative Katherine Tai and her British counterpart Liz Truss agreed to continue working to strengthen bilateral ties in a meeting in Washington on Tuesday, Tai’s office said in a statement.