Toyota Motor shares hit record high

Shares of Toyota Motor rose for a third straight session and hit a record high on Tuesday, as investors continued to bet on the Japanese automaker’s ability to tackle a global chip shortage better than its rivals.
18 May 2021, 18:00 PM

US, Europe close lower as traders weigh recovery, new infections

Fears about inflation and rising Covid-19 infections in several countries dimmed the mood in global markets Monday and drove the dollar down, although there was good news on trade as Brussels and Washington called a truce on metals tariffs.
18 May 2021, 18:00 PM

UK jobless rate falls again

Britain’s unemployment rate fell again to 4.8 per cent between January and March, when the country was under a tight lockdown, and hiring rose further in April, according to data that showed employers gearing up for the easing of curbs.
18 May 2021, 18:00 PM

Japan’s economy slumps back into decline

Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new Covid-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic.
18 May 2021, 18:00 PM

US recovery could be unprecedented

Bringing the US economy back from the brutal downturn caused by Covid-19 will take time, and hiccups like last month’s weak hiring data will happen, a top Federal Reserve official said Monday.
18 May 2021, 18:00 PM

Political economy analysis of tax reforms

The tax system of a country has two key elements: tax policy and tax administration. The political economy analysis is vital to understand the factors responsible for facilitating and hindering tax reforms in tax policy and administration in a country and taking reform measures.
18 May 2021, 18:00 PM

Tangail’s lemon growers cash in on Covid-19

Lemon growers in Tangail are very pleased by the huge demand and increased prices for their crop this season.
18 May 2021, 18:00 PM

Stocks break 8-day gaining streak

Stocks dropped yesterday after rising for eight consecutive days thanks to a profit booking tendency among investors.
18 May 2021, 18:00 PM

ADP gets 14pc bigger

It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns.
18 May 2021, 18:00 PM

Stocks break eight-day gaining streak

The stock market experienced a fall today breaking a gaining streak of the last eight consecutive days thanks to the profit booking tendency of the investors.
18 May 2021, 10:58 AM

Inflow to Bangladesh, Pakistan boost South Asian remittance to rise to $147 billion: World Bank

Inward remittance to South Asia rose by about 5.2 per cent to $147 billion in 2020, driven by a surge in flows to Bangladesh and Pakistan, according to the latest Migration and Development Brief of the World Bank Group.
18 May 2021, 05:35 AM

Special train for mango on Chapainawabganj-Dhaka route likely from May 25

The West Zone of Bangladesh Railway is going to launch a ‘special mango train’ on Chapainawabganj-Dhaka route via Rajshahi from May 25.
18 May 2021, 05:22 AM

Microsoft says it investigated Gates’ involvement with employee

Microsoft conducted a probe into co-founder Bill Gates’ involvement with an employee almost 20 years ago after it was told in 2019 that he had tried to start a romantic relationship with the person, the company said on Monday.
17 May 2021, 18:00 PM

EU agrees partial truce with US over Trump tariffs

The European Union has agreed a partial truce with the United States in a dispute over US metals tariffs imposed by former president Donald Trump as the two sides start discussions on addressing global overcapacity in steel and aluminium.
17 May 2021, 18:00 PM

Discipline is key to organisational growth

When the coronavirus pandemic hit the world early last year, the airline industry was among the first sectors that felt the crisis’s impacts as almost every country closed doors to protect itself from the raging pathogen.
17 May 2021, 18:00 PM

Tax offices to remain open

The National Board of Revenue (NBR) yesterday asked its field offices to stay open in order to provide services and collect taxes during the extended period of strict restrictions imposed by the government to curb the spread of Covid-19.
17 May 2021, 18:00 PM

Implement reforms to improve ease of doing business: Bida

The country cannot reach a double digit ranking on the World Bank’s ease of doing business index without the proper implementation of policy and regulatory reforms, according to the Bangladesh Investment Development Authority (Bida).
17 May 2021, 18:00 PM

Govt to go for more austerity measures

The finance ministry has asked ministries and divisions to take more austerity measures and ensure transparency during public procurement as the government has placed utmost priority in health, social safety net and economic management to tackle the coronavirus pandemic.
17 May 2021, 18:00 PM

Jewellers can now import unrefined precious metals

Local jewellers can now import unrefined precious metals, gemstones and ores under the revised draft of the Gold Policy-2018 approved by the government yesterday.
17 May 2021, 18:00 PM

Accelerate digital transformation

Bangladesh should embrace technologies to counter the impacts of the coronavirus pandemic and accelerate digital transformation to make the country a developed nation, experts said yesterday.
17 May 2021, 18:00 PM