Rosengren said he expects the US economy to grow by about 7 per cent this year, and for inflation to be slightly above 2 per cent next year.

Shares on the Dhaka Stock Exchange plunged yesterday as uncertainty over the course of the pandemic and the future of the economy gripped investors following the announcement of a countrywide shutdown from July 1.

No new proposals for ending a two-month lockout of 650 United Steelworkers union members from Exxon Mobil Corp’s Beaumont, Texas refinery were made during a meeting this week, said union and company spokespeople.

Everything was in good shape for Akhtar Hossain Khan, an entrepreneur in Saidpur, until his business faced closure for two months after Covid-19 arrived on the shores of Bangladesh in March last year.

Higher education under private arrangement started its journey in Bangladesh in 1992 under the Private University Act 1992.

The budget declared for 2021-22 financial year is one of the most significant budgets in the history of Bangladesh.

Bangladesh Bank today said that borrowers would be able to avoid default zone by repaying 20 per cent of their loan instalments till June.

Banks will remain open from 10am to 3.30pm during the upcoming countrywide lockdown starting from July 1.

The Korea-Bangladesh CSR Conference 2021 has been organised to raise awareness about corporate social responsibility (CSR) and the private sector’s increasing role in the sustainable development and share good CSR practices by Korean companies in Bangladesh, Korean Ambassador Lee Jang-keun said today.

The SME sector cannot grow substantially due to a lack of fiscal incentives, access to finance, skilled manpower and policy inconsistency, speakers said at a webinar marking International MSMEs Day today.

The income of 77 per cent of people in the country has declined due to the fallouts induced by Covid-19 in the last one and half years, the Consumers Association of Bangladesh (CAB) said today.

Adoption of modern technology to attain sustainable growth in the SME sector is a must now in Bangladesh, experts said at a webinar today.

Textiles and Jute Minister Golam Dastagir Gazi today said Bangladesh has earned $1062.54 million by exporting jute and jute products in the last 11 months since July last year.

The benchmark index of the Dhaka Stock Exchange (DSE) lost more than 100 points today amid fears for the upcoming lockdown, which will begin countrywide on July 1.

Specific budget allocation is required for the SME Foundation to ensure easy financing for the entrepreneurs of small and medium enterprises, said speakers at a webinar.

Golam Iftekhar Mahmud, senior reporter of daily Prothom Alo, and Shahanuare Shaid Shahin, deputy city editor of Daily Bonik Barta, have been elected president and general secretary respectively of Bangladesh Agricultural Journalist Forum (BAJF) for 2021-2022.

Governments around the world have been slow to take uncomfortable decisions to persuade consumers to cut energy consumption to help achieve climate targets, often because consumers are not ready to pay up or compromise their lifestyles.

Amazon said Friday it was acquiring the encrypted messaging app Wickr which offers secure communications for businesses, government agencies and individuals.

Chinese regulators said on Saturday Tesla Inc would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles.

Britain could face gaps on supermarket shelves this summer and an “unimaginable” collapse of supply chains after the pandemic and Brexit led to a shortage of more than 100,000 truck drivers, industry leaders have warned.