PHP Family, one of the largest industrial conglomerates in the country, has provided 11 bonuses equal to the basic salary to each of its 10,000 employees on the occasion of Eid-ul-Fitr this year.

Energypac Power Generation yesterday inaugurated an industrial park in a bid to export locally manufactured generators, enhance its current manufacturing capacity and assemble eco-friendly electric commercial vehicles.

The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year because of the devastating effect of the coronavirus pandemic on the economy.

Twenty-five per cent of garment factories that received loans from the taxpayer-backed stimulus package retrenched workers in a breach of conditions, according to a study of the Centre for Policy Dialogue (CPD).

China’s internet watchdog said on Saturday that it will ban some mobile app notifications and tighten regulations as the government ramps up a campaign to rein in the growing influence of internet companies over its citizens’ daily lives.

The EU and India were set to bolster warming ties at a virtual summit Saturday by relaunching long-stalled trade talks and agreeing to work together against the coronavirus pandemic battering the south Asian giant.

President Joe Biden reacted on Friday to a disappointing April jobs report by saying the US economy has a “long way to go” before recovering from its pandemic slump, and he urged Washington to do more to help the American people.

Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at their strongest in a decade as the global economy bounces back from the pandemic crisis and domestic consumption recovers.

In Bangladesh, despite the gradual rise in the investment-GDP ratio over the past three decades, private sector investment, in proportion to GDP, had remained stagnant for years even before the onset of Covid-19. The Covid-19 crisis intensified the problem.

Transport movement was disrupted in Dhaka’s Mirpur area for four hours as workers of different garment factories demonstrated at various points demanding their arrears by today and resumption of long-distance bus service.

Some 25 per cent of the garment factories went for job cuts despite receiving soft loans from the government-sponsored stimulus package, according to a new study of the Centre for Policy Dialogue (CPD).

Garment Sramik Karmachari Oikya Parishad (GSKOP), an alliance of 20 worker associations, today demanded the payment of wages and Eid bonuses by May 10.

The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan’s biggest recipient of official development assistance in 2020.

The insurance regulator yesterday awarded a licence to NRB Islamic Life Insurance Company as the first non-resident Bangladeshi (NRB) insurer in the country.

People in Bangladesh can easily invest their funds in Treasury bonds (T-bond), thanks to a set of initiatives taken by the central bank recently.

Mobile phone operators should focus more on improving the quality of service to get tax exemption, said Posts and Telecommunications Minister Mustafa Jabbar yesterday.

The Covid-19 pandemic has emerged as the biggest challenge for businesses worldwide and caught top executives off guard.

Bangladesh Bank yesterday issued guidelines specifying the sole ways in which public money deposited in the accounts operated by mobile financial service (MFS) and e-money service providers can be used.

German reinsurance giant Munich Re posted higher first-quarter profits Thursday and said it was on course to meet its 2021 targets despite payouts linked to Covid-19 and a US cold snap.

Sales of pulse oximeter, face mask, glove and sanitiser have risen manifold, taking advantage of which some traders have increased the prices of the health and hygiene safety products.