The Forum panel vying in the upcoming elections of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday said it would work to brighten the image of the apparel industry as it unveiled the manifesto.

Chinese smartphone maker Xiaomi Corp has formally entered the automotive industry with a new smart electric vehicle (EV) business, the company announced on Tuesday in a filing.

Energypac Engineering has begun exporting transformers to Adani Electricity Mumbai, in a testament to the company’s capacity to produce high-quality products.

PayPal Holdings Inc will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce.

Chattogram Custom House has started disposing of 298 containers filled with perishable goods that were left abandoned by importers at the country’s premier seaport for years.

Dhaka Bank has recently been presented a “Best Corporate and Investment Bank of Bangladesh 2021” title by global financial publication AsiaMoney for “comprehensive coverage from corporate clients to investment banking and capital markets” and riding out the pandemic.

Bangladesh Bank has identified 13 sectors of the economy that have been severely affected by the first wave of the coronavirus pandemic, including travel and tourism, readymade garments, textile and small and medium enterprises.

Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.

The dollar broke through the 110 yen barrier Tuesday for the first time in a year as optimism about the global economic outlook and rising US bond yields see investors turn away from the safe haven Japanese unit.

Real-time data on everything from sit-down restaurant meals to job hirings shows American business and consumers leaping to take advantage of a fast vaccine rollout even as their European counterparts languish in extended lockdowns.

President Joe Biden’s new trade negotiator has said the United States is not yet ready to lift tariffs on Chinese imports, but could be open to talks with Beijing.US Trade Representative Katherine Tai, whose appointment was confirmed earlier this month, told The Wall Street Journal she understood the levies were hitting some American companies and consumers, but they can also protect businesses.

Vietnam’s economy continued to expand in the first three months of the year, officials said Monday, thanks to the government’s success in containing the worst of the coronavirus.

The cost of global warming will far outweigh the cost of rapidly cutting greenhouse gas emissions, more than 700 economists from around the world said Tuesday in an unprecedented call to climate action.

Shipping was on the move again late on Monday in Egypt’s Suez Canal after tugs refloated a giant container ship which had been blocking the channel for almost a week, causing a huge build-up of vessels around the waterway.

The government has introduced Value Added Tax and Supplementary Duty Act, 2012 and Value Added Tax and Supplementary Duty Rules, 2016, which came into effect on July 1 in 2019.

Many farmers in Rangpur’s Lalmonirhat Sadar and Aditamari upazila have turned to vegetable seed cultivation after being left unsatisfied by the prevailing prices of food grains.

The Bangladesh Securities and Exchange Commission (BSEC) has recently granted LR Global Bangladesh the right to regain management of DBH First Mutual Fund and Green Delta Mutual Fund.

Trust Bank Ltd has appointed Humaira Azam as its first female managing director.

The traffic on social media platform Facebook and its messaging app became active again at 7:25pm today, said Ahmed Junayed, secretary general of International Internet Gateway Association of Bangladesh (IIGAB).

Juned Ahmed, an official of a private bank, bought a 1,525 square-feet used flat in the Sector 10 of the capital’s Uttara at Tk 83 lakh. Had he wanted to purchase a new one, he would have to shell out at least Tk 1.20 crore, an amount that would have been tough for him to manage.