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.

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

The stock market regulator is set to investigate into the abnormal buying order placed by a section of investors to purchase shares of newly listed Sonali Life Insurance.

Stocks continued to rise for the second consecutive day today because of increased participation of institutional investors.

The US securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks act as underwriters and advisers on the same deal, three people with direct knowledge of the matter told Reuters. 

China’s exports grew much faster than expected in June, as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays.

The prime index of the stock market jumped to a three-and-a-half-year high yesterday thanks to increased participation from investors.

Jobike has been left crippled by the ongoing Covid-19 pandemic as the on-demand bicycle rental service provider had to shutter a majority of its operations in the country.

Bangladesh Bank yesterday said that clients would enjoy regular banking hours before the start of the Eid-ul-Azha vacation so that they can celebrate the religious festival with joy.

The government is planning to form inspection and remediation platforms like Accord and Alliance to strengthen workplace safety in industrial units which produce goods for the domestic markets, said Salman F Rahman, adviser to the prime minister on private industries and investment.

The Customs House, Chattogram (CHC) clocked 23.23 per cent higher year-on-year revenue growth in the just-concluded fiscal year, fetching home Tk 51,577 crore.

Premier Bank recently witnessed the appointment of its new deputy managing director and chief business officer.

State Minister for Labour and Employment Begum Monnujan Sufian yesterday urged garment factory owners to clear their workers’ salaries and bonuses by July 19.

Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage and inflation, according to a survey released on Tuesday. 

The government yesterday launched a digital platform that allows customers from across the country to purchase sacrificial animals in a bid to maintain public health guidelines on Eid-ul-Azha amid the ongoing coronavirus pandemic.

The Covid-19 pandemic has prompted businesses to rapidly digitize their operations, leading to a surge in productivity in the United States, Goldman Sachs analysts said. 

Garment shipment will suffer a serious setback if production is suspended in July and August as it is the prime season for apparel manufacturers since sales rise in the Western market because of winter and Christmas, exporters said.