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.

Tea garden workers have rejected the recent minimum wage recommendations of a government-led tripartite body.

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.

Following suit of Brac Bank, Bank Asia and Dhaka Bank, local banking financial institution City Bank also cancelled card transactions with e-commerce platforms today.

E-commerce marketplace Evaly has welcomed the commerce ministry's today's decision of clearing payments to the local e-commerce companies once the goods are delivered to the buyers.

The commerce ministry today agreed in principles that the local e-commerce companies will not get the payment until and unless the goods are delivered to the buyers.

Improving the manufacturing sector’s productivity will be crucial for Bangladesh to boost export growth and help the economy rebound from the Covid-19 pandemic impacts, said a World Bank report launched today.

The Asian Development Bank (ADB) today signed agreements with Bangladesh to give $940 million in loans to purchase safe and effective vaccines against Covid-19.

Dhaka Bank has joined the foray of cancelling card based transactions with 10 e-commerce platforms, including Evaly and Alesha Mart, according to text messages sent by the private bank to its clients today.

The stock market bounced back today after falling for two consecutive days amid profit booking.

Bank Asia yesterday notify its customers that transactions through the banks cards with 10 e-commerce platforms will remain suspended for the time being.

Global rating agency Standard & Poor today slashed India’s economic growth forecast for the current financial year (2021-22) to 9.5 percent, down from 11 percent earlier, and warned of risks from further waves of Covid-19 pandemic.

The stock market dropped for a second consecutive day yesterday as a tendency to book profits continued to prevail among investors.

The government is going to import 50,000 tonnes of rice from neighbouring India at Tk 31.91 per kilogramme.

As the coronavirus pandemic took hold in Bangladesh in March last year, Standard Chartered Bangladesh (SCB), took steps to keep its operations up and running, protect employees, and support clients.

Mongla Customs House has sent a rejoinder to a report headlined “CAR IMPORT VIA CTG, MONGLA PORTS -- Value differs, so does tariff” published in The Daily Star on April 21.

Bangladesh’s first green sukuk has got the nod from the Bangladesh Securities and Exchange Commission (BSEC) to raise Tk 3,000 crore in funds.

Banks and non-bank financial institutions can receive 100 per cent liquidity support to lend to cottage, micro, small and medium enterprises under a project funded by the Asian Infrastructure Investment Bank (AIIB).

The private sector in Bangladesh faces one of the most burdensome business environments in the world, the International Finance Corporation (IFC) said in a report yesterday.

Brac Bank recently notified its customers of having cancelled card transactions with 10 e-commerce platforms.