Mitsubishi Motors to cut output in Japan, Thailand

Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April, it said on Monday, citing chip shortages.
13 April 2021, 18:00 PM

BASIC Bank launches WhatsApp banking

State-owned BASIC Bank on Monday rolled out a WhatsApp-based banking service informing of account balance and last five transactions.
13 April 2021, 18:00 PM

German investor confidence falls as virus curbs drag on

German investor sentiment fell in April for the first time since November as Europe’s top economy feels the strain of a relentless third coronavirus wave, data showed Tuesday.
13 April 2021, 18:00 PM

Grab agrees world’s biggest SPAC merger, valued at $40b

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that gives Grab an initial proforma equity value of about $39.6 billion and will lead to a public listing
13 April 2021, 18:00 PM

Biden’s chip dreams face reality check

To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a US firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.
13 April 2021, 18:00 PM

UK economy advances despite lockdown

Britain’s economy rebounded slightly in February despite coronavirus curbs while exports of goods to the European Union recovered a bit more, data showed Tuesday, sparking optimism over the outlook.
13 April 2021, 18:00 PM

Strong cybersecurity to build trust in a digital world

Among perennial issues such as geopolitical, economic, climate and health, one of the biggest challenges for countries today is cybersecurity.
13 April 2021, 18:00 PM

Garlic farmers not getting fair prices

The production of garlic, one of the most essential seasonings, is increasing every year with farmers of Chalan Beel in the northern Natore and Pabna districts this year accounting for around half of that grown in the country.
13 April 2021, 18:00 PM

Restaurant workers demand cash support

Restaurant workers yesterday demanded cash support and food rations from the government in order to survive the week-long “hard lockdown” beginning today.
13 April 2021, 18:00 PM

March cost more

Consumers had to shell out more in March to purchase goods and services owing to an increase in food and non-food prices, shows data of the Bangladesh Bureau of Statistics (BBS) released yesterday.
13 April 2021, 18:00 PM

Stocks keep gaining

The stock market continued to rise for the second consecutive day yesterday thanks to the higher participation of investors, who came in large numbers to take benefit of the low and lucrative prices of shares.
13 April 2021, 18:00 PM

Strictly follow health safety rules

The government, trade bodies and garment union leaders strongly advised factory owners to strictly follow health safety rules in operations of production units so that workers are not infected with Covid-19 during lockdowns.
13 April 2021, 18:00 PM

Govt mulls using IoT, AI in 100 villages

The government aims to use modern technology to boost agricultural and aquaculture production in 100 villages across Bangladesh, according to Zunaid Ahmed Palak, the state minister for ICT.
13 April 2021, 18:00 PM

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

Govt decides to keep banks open after mass confusion

Khaza Hasan Chisty, a small business owner, yesterday spent more than an hour around noon at the Tejgaon branch of Dutch-Bangla Bank in the capital to withdraw cash so that he does not face any liquidity shortage during the hard lockdown starting from today.
13 April 2021, 18:00 PM

Humaira Azam takes charge of Trust Bank as CEO and managing director

Humaira Azam today took charge of Trust Bank as managing director and CEO and became the first such top executive of any commercial bank in Bangladesh.
13 April 2021, 15:55 PM

Crisis committee begins factory visits in Ctg to ensure timely salaries, bonuses, health measures

The crisis committee formed by the Ministry of Labour and Employment to make sure workers get their salaries and festival bonuses started visiting factories, including garments, today.
13 April 2021, 15:36 PM

Stockmarket to remain open from 10am to 12.30pm

The country’s stockmarket will remain open during the seven-day restrictions on movement starting from tomorrow.
13 April 2021, 14:58 PM

Banks asked to keep some branches open

The central bank today instructed banks to keep open certain number of their branches during the seven-day restrictions on movement starting from tomorrow.
13 April 2021, 14:27 PM

Ensure banking services during restrictions: Cabinet Division asks Bangladesh Bank

The cabinet division today asked the central bank to take measures to ensure that people get banking services during the countrywide seven-day restrictions on movement.
13 April 2021, 11:29 AM