More credit at hand to buy digital devices

The Bangladesh Bank yesterday eased rules to make more credit available for consumers to buy digital devices with a view to accelerating digitalisation and narrowing the digital divide.
12 July 2021, 18:00 PM

In latest China regulatory move, common data platform planned for Greater Bay area

China’s southern Guangdong province said it plans to build a common data platform for the Greater Bay Area that includes Hong Kong and Macau, and will build a data trading market in Shenzhen - part of efforts to regulate data more thoroughly. 
12 July 2021, 18:00 PM

Arla Foods ranks 5th in Global Nutrition Index-2021

Arla Foods of Denmark has risen to fifth place from 14th in a Global Nutrition Index-2021 for consistent improvement. 
12 July 2021, 18:00 PM

Arla Foods ranks 5th in Global Nutrition Index-2021

Arla Foods of Denmark has risen to fifth place from 14th in a Global Nutrition Index-2021 for consistent improvement. 
12 July 2021, 18:00 PM

Pressure on risk currencies ebbs, US inflation in focus

Risk currencies hovered above their recent lows against the dollar and the yen on Monday, as fears about slowdown in the global economic recovery appeared to have subsided for now.
12 July 2021, 18:00 PM

Saudi, Oman call for continued cooperation between Opec and allies

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement, Trend reports with reference to Reuters. 
12 July 2021, 18:00 PM

China drafts new cyber-security industry plan

China’s Ministry of Industry and Information Technology said on Monday it has issued a draft three-year action plan to develop the country’s cyber-security industry, estimating the sector may be worth more than 250 billion yuan ($38.6 billion) by 2023.
12 July 2021, 18:00 PM

Under pressure, EU puts plan for its own digital levy on hold

The European Commission will delay its plan to put forward a new levy on digital services later in July, a spokesman said on Monday, following intense pressure from the US administration. 
12 July 2021, 18:00 PM

Big Oil keeps brakes on spending even with crude rally windfall

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.
12 July 2021, 18:00 PM

Stocks take a tumble despite blue-chip boost

The prime index of Dhaka Stock Exchange (DSE) dropped yesterday despite a rise in prices of blue-chip stocks amid increased purchase by institutional investors.
12 July 2021, 18:00 PM

Bogura glass vial SME cluster almost extinct

Just three or four years ago, Shihari and Dumori villages in Bogura’s Adamdighi upazila were buzzing with activity as some 400 small glass vial factories operated in the area.
12 July 2021, 18:00 PM

Panel formed to probe Hashem Foods fire

The labour ministry yesterday formed a six-member panel to find out the causes of death and injury of workers at the factory fire incident of Hashem Foods at Rupganj in Narayanganj on July 8.
12 July 2021, 18:00 PM

Spain to invest $5.1b in electric vehicle production

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday. Prime Minister Pedro Sanchez said the government-run plan would include the whole production chain, giving grants to companies with the goal of building the country’s first battery plant and boosting manufacturing of electric vehicles.
12 July 2021, 18:00 PM

Online market largely untapped: experts

Bangladesh currently has one of the largest untapped online markets as the country expects 80 million more smartphone users by 2030.
12 July 2021, 18:00 PM

EU seeks to rival China’s Belt and Road with own infrastructure plan

European Union foreign ministers agreed on Monday to launch a global infrastructure plan linking Europe to the world, its latest step after deals with India and Japan and a similar pledge by the Group of Seven richest democracies. 
12 July 2021, 18:00 PM

All foreign firms, JVs eligible for stimulus: BB

The central bank yesterday said all foreign companies and joint ventures operating in Bangladesh would be able to take soft loans from the stimulus packages rolled out by the government.
12 July 2021, 18:00 PM

ECB to discuss new guidance after inflation target tweak

The European Central Bank’s meeting next week will see policymakers discuss changing the forward guidance they give on the direction of policy following the ECB’s shift to a more symmetrical 2 per cent inflation target. 
12 July 2021, 18:00 PM

Launch a committee to compensate fire victims

Labour leaders yesterday called on the government to form a committee as soon as possible to pay compensation to the victims of the fire incident at Hashem Foods Ltd in Narayanganj.
12 July 2021, 18:00 PM

Labour ministry forms panel to investigate Hashem Foods’ fire incident

The labour ministry today formed a six-member panel to find out the causes of death and injury of workers at the factory fire incident of Hashem Foods at Rupganj in Narayanganj on July 8.
12 July 2021, 15:34 PM

Stocks fall again

The stock market fell today just after rising for a day.
12 July 2021, 12:18 PM