Bangladesh’s technology would able to collect real-time data for live censuses soon: Mannan

Bangladesh has technology with which it would be able to collect real-time data for live censuses in near future, said Planning Minister MA Mannan.
26 June 2021, 14:50 PM

Redesign stimulus packages for SMEs: experts at IBFB-BEI webinar

The stimulus packages for the small and medium enterprises (SMEs) should be expanded and redesigned in the next budget considering the Covid-19 pandemic situations, experts said in a webinar today.
26 June 2021, 14:44 PM

Keep EPZs open during shutdown, investors request Bepza

The investors of the export processing zones (EPZs) have requested Bangladesh Export Processing Zones Authority (Bepza) to keep the EPZs open during the upcoming countrywide shutdown starting from June 28.
26 June 2021, 13:46 PM

Planning minister’s remark on budget isn’t comprehensible: Kamal

Finance Minister AHM Mustafa Kamal today said the planning minister's remarks on “polishing budget” for the next financial year is not understandable for him.
26 June 2021, 09:59 AM

Govt to import 5 lakh tonnes of wheat from Russia

The government is going to import 5 lakh tonnes of wheat from Russia.
26 June 2021, 09:44 AM

Gas infrastructure across Europe leaking planet-warming methane

The potent greenhouse gas methane is spewing out of natural gas infrastructure across the European Union because of leaks and venting, video footage made available to Reuters shows.
24 June 2021, 18:00 PM

Stimulus eludes 83pc small businesses

Eighty-three per cent of the cottage, micro, small and medium enterprises did not receive stimulus relief as it was not well-tailored and did not consider the challenges and needs of small entrepreneurs, a new survey found.
24 June 2021, 18:00 PM

Canadian exporter confidence rebounds to 20-year high

Confidence among Canadian exporters has surged to its highest level in more than 20 years, amid mounting optimism that a sustained global economic recovery is underway, a survey by Export Development Canada (EDC) showed on Thursday.
24 June 2021, 18:00 PM

Manufacturing sector risks becoming uncompetitive: WB

Bangladesh’s manufacturing sector risks becoming uncompetitive because of lower productivity and its reliance on low labour costs as wages are rising locally and the use of labour-saving technologies is growing globally, said the World Bank yesterday.
24 June 2021, 18:00 PM

New DMD for Brac Bank

Brac Bank has recently witnessed the appointment of a new deputy managing director and chief anti-money laundering compliance officer.
24 June 2021, 18:00 PM

Mastercard gets new division president

Mastercard on Thursday announced the appointment of a new division president for South Asia and country corporate officer, India.
24 June 2021, 18:00 PM

Biden to meet with bipartisan senators to discuss infrastructure plan

President Joe Biden was scheduled to meet with a bipartisan group of US senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.
24 June 2021, 18:00 PM

Fed’s mixed messages on inflation unsettle investors

Investors have been struggling to interpret signals from the Federal Reserve about how hot it is willing to let inflation run before it begins unwinding pandemic-era monetary stimulus.
24 June 2021, 18:00 PM

Temporary jute mill workers stage sit-in

Hundreds of temporary workers of nine Chattogram-based state-owned jute mills staged a four-hour sit-in before Amin Jute Mills starting 8:00am yesterday with a three-point demand including reopening all mills and paying all dues.
24 June 2021, 18:00 PM

Companies act needs fine-tuning

Some provisions in the companies act still require fine-tuning in order to improve the business climate in Bangladesh, according to speakers at a webinar held yesterday.
24 June 2021, 18:00 PM

German business morale shakes off coronavirus crisis

German business morale rose by more than expected in June and hit its highest level since November 2018 on companies’ surging optimism about the second half of the year in Europe’s largest economy, a survey showed on Thursday.
24 June 2021, 18:00 PM

India’s e-commerce plan worrying

A top lobby group that is part of the US Chamber of Commerce believes India’s proposed new e-commerce rules are a cause for concern and will lead to a stringent operating environment for companies, according to an email reviewed by Reuters.
24 June 2021, 18:00 PM

US bans imports of solar panel material from China

The Biden administration on Wednesday ordered a ban on US imports of a key solar panel material from Chinese-based Hoshine Silicon Industry Co over forced labor allegations, two sources briefed on the matter said.
24 June 2021, 18:00 PM

Tea workers reject minimum wage proposals

Tea garden workers have rejected the recent minimum wage recommendations of a government-led tripartite body.
24 June 2021, 18:00 PM

Three more banks follow Brac’s example

Three banks yesterday cancelled their card transactions with some e-commerce platforms, a move that comes after Brac Bank made the same decision in order to protect the interests of its clients.
24 June 2021, 18:00 PM