Rice stock still scarce

Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.
7 April 2021, 18:00 PM

Telecom services may be disrupted tonight for spectrum reallocation: BTRC

The mobile phone users may face disruption in telecom services tonight from 11pm to 7am when the telecom regulator will rearrange spectrum among the operators.
7 April 2021, 12:44 PM

Small traders demonstrate in Rajshahi to keep shops open

Small traders in Rajshahi demonstrated this morning when a mobile court asked them to close their shops, as per government-imposed restrictions to rein in the rising number of Covid-19 cases and deaths.
7 April 2021, 10:10 AM

Savar traders protest closure of shops, markets

Small business owners and their employees blocked Dhaka-Aricha highway in Savar this morning protesting the government-imposed restrictions on opening shops and markets during the ongoing “lockdown”.
7 April 2021, 09:23 AM

Govt to buy another 1.5 lakh tonnes of rice from India

The government will bring in another 1.5 lakh tonnes of rice from India to enrich the country’s food stock.
7 April 2021, 09:22 AM

India court dismisses ByteDance’s plea to unblock bank accounts

An Indian court on Tuesday dealt a blow to China’s ByteDance by dismissing its plea to unblock its bank accounts which have been frozen by federal authorities investigating alleged tax evasion.
6 April 2021, 18:00 PM

Low gas pressure hurts over 300 large factories

More than 300 factories, especially textile, spinning and garment industries in Kanchpur, Narayanganj and Narsingdi have been facing a massive production loss every day because of a disruption in gas supply since March 13.
6 April 2021, 18:00 PM

Sri Lanka bans palm oil imports, tells producers to uproot plantations

Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry.
6 April 2021, 18:00 PM

Indian refiners deepen cuts to Saudi oil purchases in May

Indian state refiners will buy 36 per cent less oil from Saudi Arabia in May than normal, three sources said, in a sign of escalating tensions with Riyadh even after the Kingdom supported the idea of boosting output from OPEC and allied producers last week.
6 April 2021, 18:00 PM

LG Electronics fans bemoan end of era as firm exits smartphone business

Fans of LG Electronics smartphones rued the loss of more affordable Android-based devices after the South Korean tech company said on Monday it would quit the business, with some praising LG for the innovation it brought to the industry.
6 April 2021, 18:00 PM

Eurozone unemployment stable, no jobs crisis for now

The level of unemployment in the eurozone did not change in February, official data showed on Tuesday, as national schemes to keep companies afloat held off the worst effects of the pandemic.
6 April 2021, 18:00 PM

India power demand falls for first time in 35 years

India’s annual electricity demand fell for the first time in at least 35 years in the fiscal year to March, government data reviewed by Reuters showed, mainly due to strict coronavirus-induced lockdowns across the country.
6 April 2021, 18:00 PM

H&M to lay off more than 1,000 staff in Spain

Swedish fashion giant H&M is to lay off more than 1,000 staff in Spain who are currently on furlough due to the pandemic, the Workers’ Commission (CCOO) union said Tuesday.
6 April 2021, 18:00 PM

IMF upgrades global growth outlook again

The International Monetary Fund raised its outlook for global economic growth again on Tuesday, forecasting worldwide output would rise 6 per cent this year, a rate unseen since the 1970s, thanks largely to the unprecedented policy responses to the COVID-19 pandemic.
6 April 2021, 18:00 PM

Index Agro’s profit falls, stock debut today

Index Agro Industries gave the bad news of a fall in profits yesterday ahead of its trade debut on the stock exchanges.
6 April 2021, 18:00 PM

Govt seeks $500m WB fund to implement budget

Finance Minister AHM Mustafa Kamal has sought $500 million in loans from the World Bank to help Bangladesh implement its budget.
6 April 2021, 18:00 PM

B2B e-commerce to rise 70pc by 2027

Logistics services provider DHL Express forecasted business to business e-commerce will increase by more than 70 per cent by 2027 to $20.9 trillion, up from $12.2 trillion in 2019 as Covid-19 pandemic accelerated the pace of digitalisation and purchasing behaviours.
6 April 2021, 18:00 PM

Lockdown makes things worse for Pabna milk producers

The ongoing countrywide lockdown has made things worse for the milk producers in Pabna and Sirajganj, who have already been suffering from poor sales due to a slump in local consumption.
6 April 2021, 18:00 PM

Stocks rising over increased investor participation

The stock market continued to rise for a second consecutive day as investor participation increased after many shares reached lucrative prices in the recent bearish trend.
6 April 2021, 18:00 PM

Apple chief Tim Cook talks of autonomous cars

Apple chief Tim Cook portrayed self-driving cars as an ideal match for the technology giant during an interview released Monday by the New York Times.
6 April 2021, 18:00 PM