US consumer sentiment ticked up in June, driven by an improving economic outlook among affluent households, a survey released on Friday showed.

Nearly 140 countries will haggle over key details of a global corporate tax plan this week, with some concerned about giving up too much and others eager to ensure tech giants pay their fair share.

It is relaxing to see that even during the coronavirus pandemic, the statistics related to GDP growth and per capita income has shown higher growth. Remittance and foreign currency reserves are ballooning. Under the circumstances, the budget for the next fiscal year has been proposed.

SME Foundation needs to be provided a specific budgetary allocation each year to ensure that entrepreneurs get easy access to finance, speakers told a webinar yesterday.

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.

The Credit Rating Agency of Bangladesh has upgraded the rating of Modhumoti Bank to “A1”, to be effective till June 30, 2022, based on its financial statements as of December 31, 2020. Last year it was “A2”, says a press release.

Around 100 former Grameenphone staff who were recently laid off organised a press conference at Dhaka Reporters Unity and formed a human chain in front of National Press Club yesterday demanding reinstatement.

The Credit Rating Agency of Bangladesh (CRAB) has upgraded long term credit rating of Midland Bank to “A1” based on financial statements as of December 31, 2020, whereas it was “A2” last year.

The stimulus packages for small and medium enterprises (SMEs) and the agriculture sector should be expanded and redesigned in the next budget considering the Covid-19 fallout, experts said at a webinar held yesterday.

A smaller version of the world’s biggest mobile fair opens Monday in Spain under tight virus controls, with top firms avoiding an in-person presence after the pandemic derailed last year’s edition.