A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change.

China will force regional grid firms to buy at least 40 per cent of power from non-fossil fuel sources by 2030 in order to meet the country’s climate targets, according to a new governmentdocument seen by Reuters.

Several US banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even as they remain wary about possible backlash over increased surveillance, more than a dozen banking and technology sources told Reuters.

Litchi growers in Dinajpur fear a record low production this year because of unfavourable climate, absence of bees and high temperature during the last winter season.

Access to finance is a big challenge for farm mechanisation in Bangladesh and so the country’s lenders should do more for the agriculture sector, according to Subrata Ranjan Das, executive director of ACI Motors.

A group of primary textile mills in the industrial belt in Gazipur is in fear of losing export-oriented work orders and sales ahead of Eid-ul-Fitr due to a disruption in production caused by low gas pressure.

The central bank yesterday asked banks to pay cash compensation to the families of bankers in the event of death from coronavirus infections.

Bangladesh faces challenges in sustaining the effective response it unveiled in the initial phase of the pandemic last year as it grapples with a devastating second wave of the deadly pathogen, the International Monetary Fund has said.

The number of ambulances hitting the streets is on the rise as businesses are spending more on import amid an increase in its demand during the ongoing pandemic.

There has been a sharp fall in delivery of imported goods from the Chittagong port in the last six days since the countrywide lockdown was imposed on April 14 as importers are not taking the deliveries timely.

World shares traded near record highs on Monday, as markets were generally upbeat about the prospects for a global economic recovery from COVID-19, ahead of a busy week for earnings.

Mizanur Rahman sometimes takes a look at some photographs on his mobile phone. Those are a bit old, taken about a year ago.

Bangladesh Bank yesterday set eligibility requirements for banks to disburse loans from the Tk 500 crore fund aimed at helping start-ups expand and flourish, according to a central bank circular.

India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal.

Canada is expected to channel funds into childcare, wage subsidies and other pandemic recovery measures as the government presents its new budget Monday ahead of possible snap elections.

Japan’s Toyota Motor Corp signalled a shift in its climate change stance on Monday, saying it would review its lobbying and be more transparent on what steps it is taking as it faces increased activist and investor pressure.

Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation’s prime minister said on Monday.

The central bank today asked banks to pay cash compensation to families of their employees who have died of coronavirus infections while on duty.

The National Board of Revenue (NBR) has removed 4 per cent advance tax on import of refined palm oil in order to cut working capital pressure on processors and contain prices of the essential cooking ingredient during Ramadan.

Policy support, tax benefits, and incentives are needed to help develop the country’s automobile industry, according to experts and entrepreneurs.