The Bangladesh Bank should raise the cash reserve ratio to mop up excess liquidity from the banking system, said the Centre for Policy Dialogue yesterday as it put forward a set of proposals for the effective implementation of the monetary policy.

Exports declined in July as reduced working days for Eid-ul-Azha and coronavirus containment measures affected the production and shipment of most of the items, including clothing, the main foreign currency earner.

Female labour participation rate in India fell to 16.1 per cent during the July-September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of pandemic and a widening job crisis.

In Bangladesh, small and medium enterprises (SMEs) have heterogeneous characteristics, which are evident from their diverse business activities. However, the discussion on SMEs has a fundamental problem related to the definition and scope.

Britain’s SSE on Monday agreed to sell its entire 33.3 per cent stake in Scotia Gas Networks (SGN) for 1.225 billion pounds ($1.70 billion) as the power producer sharpens its focus on renewables and low-carbon electricity.

Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.

Golden Harvest Group has recently witnessed the appointment of its new deputy managing director (DMD). 

Britain’s factories reported a further slowing of growth in July - although it was still one of the fastest paces on record - as they struggled with staff shortages and supply chain problems caused by the Covid-19 pandemic, a survey showed on Monday. 

Financial institution Mashreq of the United Arab Emirates (UAE) has named Kazi Ziaul Islam as its chief country representative of Mashreq Bangladesh. 

The number of tenders invited through the e-GP portal crossed 5 lakh yesterday having a total value of about Tk 5,10,499 crore. 

Trade through the Banglabandha land port resumed on Saturday after remaining suspended for 12 days marking Eid-ul-Azha.   

Bangladesh has sought US investments in oil and gas exploration, particularly at offshore sites.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of factories for the sake of investment, employment and smooth supply chain.

The number of broadband internet connections has surpassed the 1 crore mark in June for the first time as a vast number of people now rely on the internet due to the pandemic which propelled work from home practices and remote learning.

Experts yesterday emphasised sustainable and efficient river dredging and its proper maintenance to improve the country’s inland waterways to propel industrial and socio-economic development.

Tax collection bounced back in Bangladesh in the last fiscal year to grow at the sharpest pace in 10 years, riding on increased imports and an uptick in receipts of value-added tax.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.

The government has decided to keep all the export-oriented factories and industries open from August 1 amid the ongoing strict lockdown which started from July 23.

Rights group Liberty Shared has asked United States customs authorities to investigate the Malaysian operations of American tyre maker Goodyear Tire & Rubber Co over accusations of abusive labour practices, the group told Reuters.

Samsung Electronics’ net profits surged more than 70 per cent in the second quarter thanks to higher memory chip prices fuelled by pandemic-led demand, the South Korean tech giant reported Thursday.