Banking & Commodity

A greater number of people from the low-income group are now going to super shops, as supermarkets maintain better hygiene and social distancing standards than smaller general shops

The prices of rice, onions, garlic, ginger and potatoes went up in the city’s kitchen markets over the week as the supply of the items was disrupted amid the general holidays announced by the government to combat the spread of coronavirus outbreak in the country, traders said.

Having the right transaction limit helps people stock up on more essential items on each trip to public places without having to touch potentially infectious surfaces

Bangladesh Merchant Bankers Association (BMBA) has prepared a set of budget proposals including more reduction of corporate tax for listed companies.

Bangladesh Bank has raised the Export Development Fund (EDF) to $5.0 billion in line with the government’s efforts to limit the economic impacts of the coronavirus crisis.

Bangladesh Bank (BB) has instructed the commercial banks to waive penalty for credit card users on any late payment from March 15 in view of the ongoing holidays due to coronavirus outbreak.

Standard Chartered (the Group) has recently announced a set of global measures to serve the present and long-term needs of its clients, communities and employees in the face of the COVID-19 pandemic.

The dealers appointed by the Trading Corporation of Bangladesh (TCB) have posted trucks at different parts of the city on Monday, but with a very limited number of items.

The Bangladesh Bank is likely to relax further the policy rates with a view to ensuring the availability of adequate cash in the banking system to support the government’s stimulus packages, mostly in the form of loan issuance to the small, medium and large industries.

Trust Bank and Malaysian telecommunications conglomerate Axiata Group Berhad have secured the initial approval from the Bangladesh Bank to run a mobile financial service.