Current News

The coronavirus pandemic has proved a stroke of luck for mobile financial service providers as people are increasingly opting for digital payment in a bid to steer clear of the health risks the lethal pathogen poses, experts said.

The finance minister of Saudi Arabia said the group is still working to bridge an estimated $8 billion funding gap

The government has launched an over Tk 11 billion scheme as an emergency response to the health threat posed by the COVID-19 pandemic.

Dhaka Chamber of Commerce and Industry (DCCI) has proposed utilising state-owned commercial banks (SOBs) to disburse stimulus funds particularly for micro, small and medium enterprises (MSMEs).

The country’s mobile phone operators are struggling to cope with a sudden increase in data consumption during the countrywide lockdown.

The Department of Inspection for Factories and Establishments (DIFE) has been making a guideline for reopening the garment factories, most of which have been asked to shut down by the sector’s apex trade body on April 11.

The oil market, rocked by crisis this week as prices plunged below zero on rampant oversupply and demand-destroying coronavirus, faces the critical problem of where to store surplus crude.

The company’s net profit margin stood at 7.3%t

Grameenphone reported a total revenue of Taka 36.2 billion in first quarter (Q1) of 2020, registering a 3.7 percent growth compared to the same period of last year.

Saudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the kingdom, shipping and trade sources say.