The Biden administration is under pressure from a major business group and diplomats to scrap a travel ban on Europeans, as investment from the continent in the United States plunged by nearly a third last year.

European Union negotiators struck a deal on reforms to the bloc’s huge farming subsidy programme on Friday, introducing new measures aimed at protecting small farms and curbing agriculture’s environmental impact.

Bridges over the mighty rivers have seamlessly connected Bangladesh, the naturally fragmented largest delta in the world. It has prompted the rapid buildout of highways and roads networks to accelerate the nationwide movement of passengers and goods.

Firms in Asia should beef up their efforts to embrace artificial intelligence (AI) technology that is reshaping the traditional manufacturing industry, experts said.

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.

The Bangladesh EPZ Investors’ Association (BEPZIA) has requested the government to keep the export processing zones (EPZs) open during the nationwide lockdown to ensure smooth payment of salaries and allowances to workers.

Prices have indeed spiked in the United States, government data released Friday said, but analysts believe the increase isn’t enough to change minds at the Federal Reserve, which is planning to keep rates low to help the economy recover from the Covid-19 pandemic.

Garment factory owners have expressed their intention to keep running their industrial units during the upcoming lockdown, while union leaders are divided on the issues of ensuring workers’ safety and livelihoods.

An initial public offer (IPO) by China’s Didi Global Inc in New York to raise up to $4 billion has been fully covered on the first day of its bookbuild, even as some investors fear tougher rules could hit growth, sources with direct knowledge said.

The government has taken steps for faster import of 5 lakh tonnes of wheat from Russia.

Mobile financial service bKash has launched a campaign donating Tk 10 to the country’s healthcare sector for every Tk 5,000 or more added to customer accounts.

The boards of directors of listed companies are bound to reveal in reports to shareholders their primary employment and engagements, if any, with other companies, says a Bangladesh Securities and Exchange Commission (BSEC) notification.

Consumer confidence in Italy jumped to the highest level in nearly three years in June, while business confidence also rose sharply, official data showed Friday.

The amnesty to legalise undisclosed income without any question and on payment of 10 per cent tax is likely to continue in the upcoming fiscal year for individuals who will make a new investment to set up factories, officials said.

Kyrgyzstan’s President Sadyr Japarov has lauded the success Bangladesh has achieved in garments and medicine sectors and urged the entrepreneurs of the south Asian country to invest in the landlocked nation.

Customs houses at ports and field offices for value-added tax will remain open during the seven-day countrywide complete lockdown starting from Monday.