SME Foundation yesterday termed the proposed budget for the fiscal year of 2021-22 pro-small and medium enterprises (SMEs), saying the finance minister has considered several proposals the agency had recommended.

The opportunity to whiten black money is a big barrier to curbing corruption in the country, said Mustafizur Rahman, a distinguished fellow of the Centre for Policy Dialogue yesterday.

The country’s stock market rose yesterday thanks to a boost in confidence among institutional investors, despite the removal of floor prices of all listed companies.

Increasing public spending and widening social protection measures with a proper registry of people could prove effective in reviving the economy during the pandemic, as occurred in some countries, according to two noted economists.

Volkswagen’s luxury sports car unit Porsche AG is setting up a joint venture with Customcells to produce high-performance batteries that will significantly reduce charging times, the company said on Sunday.

Entrepreneurs might not be interested in setting up large hospitals outside of Dhaka, Chattogram, Narayanganj, and Gazipur despite a 10-year tax break.

Britain’s airlines and holiday companies are planning a “day of action” on Wednesday to ramp up pressure on the government to ease travel restrictions, with just weeks to go before the start of the peak summer season.

Youngone Corporation, the Korean multinational conglomerate, yesterday launched the country’s largest rooftop solar power plant in its Korean Export Processing Zone (KEPZ) to meet its electricity demand through renewable sources.

The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year.

Despite a decline in the number of wholesale and retail trade units in Bangladesh, employment in the sector nearly trebled to 1.41 crore in the past decade, according to the provisional data of the Wholesale and Retail Trade Survey 2020.

European Central Bank policymakers meeting this weekend made “good progress” in reshaping the ECB’s strategic goals, including the role it plays in fighting climate change and a revised approach to inflation, President Christine Lagarde said on Sunday.

The Dhaka Chamber of Commerce and Industry (DCCI) and the embassy of Vietnam in Bangladesh have signed a memorandum of cooperation to foster trade and investment between the two countries.

Construction work on Baltic Pipe, a pipeline connecting Poland with Norwegian gas fields via the Baltic Sea and Denmark, will resume after a temporary halt was announced earlier this month, Danish grid operator Energinet said on Saturday.

British finance minister Rishi Sunak is considering blocking a near 6 per cent rise in old-age pension payments as part of a wider effort to rein in the cost of Prime Minister Boris Johnson’s spending, the Sunday Times newspaper said.

Chevron Corp said on Saturday it was returning offshore workers who had been evacuated ahead of Tropical Storm Claudette from its Gulf of Mexico production platforms.

It is necessary to formulate a plan for environment-friendly development in the country and take appropriate and effective steps to implement those plans, analysts said at a webinar today.

SME Foundation today termed the proposed budget for 2021-22 fiscal year as an SME friendly budget as many of their proposals were taken into account.

IFIC Bank has decided to raise Tk 1,000 crore by issuing perpetual bond to maintain the bank's capital complying with the BASEL-III norms.

China's imports from Saudi Arabia fell 21% in May from a year earlier but retained their top ranking among suppliers for a ninth month in a row, customs data showed on Sunday.

Around 40 lakh people in the country have taken medical advice through the "Doctors' Pool" of the ICT Division in the last 15 months while maintaining physical distance, State Minister for ICT Zunaid Ahmed Palak said today.