Home stays turned into an advantage

Coming home on a leave from his Saudi Arabian workplace, Saiful Islam of Tangail could not return for lockdowns imposed for the coronavirus outbreak.
15 April 2021, 18:00 PM

Country’s first SME gets nod to go public

The Bangladesh Securities and Exchange Commission (BSEC) yesterday gave go-ahead to Nialco Alloys to go public.
15 April 2021, 18:00 PM

Postal life insurance offers financial protection to future generations

Over the years, awareness about insurance has grown and its demand has accelerated as many people look for financial protection for the long term.
15 April 2021, 18:00 PM

Tech glitches leave bank clients up the creek

Bank clients are going through serious troubles as the country’s two major digital means for moving funds, inter-bank cheque transactions and electronic fund transfers (EFT), have been inoperable since April 13.
15 April 2021, 18:00 PM

Garment workers irked by transport crisis, high fares

Garment factories operated in full swing on the second day of the lockdown yesterday although many workers found it difficult to reach their workplaces because of the non-availability of public transport.
15 April 2021, 18:00 PM

Europe needs more short-term aid to counter continued Covid risks: IMF

European economies need “an extra push” of financial support this year and next to overcome the long-term impacts of the Covid-19 crisis, a senior IMF official said on Wednesday.
15 April 2021, 18:00 PM

Women entrepreneurs bear the brunt of pandemic

More than 41 per cent of small businesses run by women entrepreneurs were forced to shut their operations completely because of the coronavirus pandemic, according to a study by the Centre for Policy Dialogue (CPD).
15 April 2021, 18:00 PM

US retail sales surge; weekly jobless claims drop to one-year low

US retail sales rebounded more than expected in March as Americans received additional pandemic relief checks from the government and increased COVID-19 vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.
15 April 2021, 18:00 PM

Fed sees more optimism among US businesses, activity accelerating

American businesses are feeling more optimistic as vaccinations against Covid-19 become common, and economic activity accelerated moderately in recent weeks, the Federal Reserve said on Wednesday in its survey of business conditions.
15 April 2021, 18:00 PM

Pubali Bank gets new DMDs

Pubali Bank recently witnessed the appointment of three new deputy managing directors.
15 April 2021, 18:00 PM

Facebook signs first deal to buy renewable energy in India

Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday.
15 April 2021, 18:00 PM

Indonesia’s exports, imports grow more than expected

Indonesia’s exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, statistics bureau data showed on Thursday.
15 April 2021, 18:00 PM

Chip shortage weighs on car sector recovery: Volkswagen CEO

An ongoing shortage of crucial semiconductors is the only factor weighing on a global recovery of the car sector from the coronavirus crisis, Herbert Diess, chief executive of Volkswagen AG, said on Thursday.
15 April 2021, 18:00 PM

New zinc-fortified wheat set for global expansion

Scientists at a leading global grains research institute expect to sharply ramp up new wheat varieties enriched with zinc that can boost the essential mineral for millions of poor people with deficient diets, the institute’s head told Reuters.
15 April 2021, 18:00 PM

BB extends deadline for payments

Bangladesh Bank yesterday extended the deadline for private and public entities to pay for virtual meeting services, according to a central bank circular.
15 April 2021, 18:00 PM

Big businesses seek market-based approaches ahead of climate summit

Corporate executives and investors say they want world leaders at next week’s climate summit to embrace a unified and market-based approach to slashing their carbon emissions.
15 April 2021, 18:00 PM

Malaysian Human Resources Minister slams Bangladesh High Commission over job portal launch

The Bangladesh High Commission in Kuala Lumpur did not consult the Human Resources Ministry over the setting up of a job portal, says Minister Datuk Seri M Saravanan.
15 April 2021, 10:26 AM

Tech glitch stops inter-bank cheque transaction at Bangladesh Bank

Inter-bank electronic cheque transaction and fund transfer activities through Bangladesh Bank have been suspended since April 13 due to the disconnection of an optical fibre cable between two data centres of the central bank.
15 April 2021, 05:17 AM

Toshiba CEO steps down, shares surge on bidding war expectations

Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate's shares surged on reports that KKR & Co and Brookfield are also planning offers.
14 April 2021, 06:23 AM

Another bitter Baishakh for sweet shops

Pahela Baishakh, the first day of the Bangla calendar, is the busiest day for sweet makers in Bangladesh as customers throng outlets to buy delicious items.
13 April 2021, 18:00 PM