Banking & Commodity

The prices of edible oil and onion increased further in the city’s kitchen markets over the week ending on Friday.

The Bangladesh Bank has extended the deadline for submission of audited financial statements by two more months till June 30, 2021 for the banks whose accounting year ended in December 2020.

The Bangladesh Bank on Monday revised downward the interest rate for the pre-shipment refinance scheme loans for the export-oriented industries to 5 per cent amid a fresh surge in Covid infection cases.

The Bangladesh Bank on Monday asked banks to allocate additional funds for the corporate social responsibility spending for the year 2021 so that the poor and distressed people affected by the fresh wave of Covid outbreak could get financial supports.

Sales of mobile handsets have dropped more than 40 per cent in April compared to the January level after consumers tightened their belt as they see no immediate end to the coronavirus pandemic.

Super shops have long been maintaining the protocols, ensuring that their outlets did not become “super-spreaders” of the novel virus As markets and shopping malls reopened on Sunday, the risk of violating health directives remains inevitable amid the Covid-19 pandemic.

The amount of online banking transactions remained above Tk 8,000 crore for the fourth consecutive month in February as people found fintech-based transactions more convenient instead of visiting bank branches amid the outbreak of Covid-19.

The yield on treasury bills (T-bills) dropped further on Sunday as the commercial banks having excess liquidity rushed to offer bids in the auction due to the ongoing lockdown, bankers said.

Bangladesh’s textile and garment factories have significantly cut water and energy consumption by adopting low-cost and cleaner production processes and installing new technologies under a programme initiated by the International Finance Corporation (IFC).

Some markets in parts of Dhaka decided to remain closed on Sunday morning, but some small clothing traders did set up shop outside those markets. Traders and store owners say that despite the lifting of lockdown restrictions, people are scared to go out. There are few customers on the streets …